5311 Avispa Way, Austin, TX 78738

$799,000
3
BD
2
BA
2,580
SqFt

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List Price
$799,000
Status
ACTIVE
Days on Market
14
MLS#
8723748
Subtype
Residential
Year Built
1983
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
2,580
Lot Size
119,790
Acres
2.75
Subdivision
Bee Caves West
Neighborhood
Bee Caves West
MLS Area Major
Dripping Springs/Wimberley, Northwest Travis Co.

Property Description

Discover the incredible potential of 5311 Avispa Way, a unique property offering 2.75 acres in one of Austin's most desirable growth corridors. Whether you're an investor, builder, developer, or visionary homeowner, this property presents a rare chance to renovate, reimagine, or redevelop. The existing single-story residence features 2,580 square feet, 3 bedrooms, and 2 bathrooms and is being offered as-is. While the home retains its original 1980s finishes and is ready for a complete transformation, it provides a solid foundation for those looking to restore its character or create something entirely new. What truly sets this property apart is the land. Spanning 2.75 acres with access from two separate streets, the site offers exceptional flexibility and future potential. The dual access points create an outstanding opportunity for those exploring subdivision or redevelopment possibilities. Surrounded by the natural beauty of the Texas Hill Country while remaining just minutes from the Hill Country Galleria, Bee Cave, Lake Travis, award-winning Lake Travis ISD, championship golf courses, wineries, dining, shopping, and entertainment, this property combines privacy, convenience, and long-term investment potential. Properties of this size and versatility are becoming increasingly difficult to find in the Lake Travis market. Whether your vision is a luxury estate, a thoughtful renovation, or a future development opportunity, 5311 Avispa Way is ready for its next chapter.

Additional Information

Amenities
Ceiling Fan(s), Laminate Counters, Tile Counters, Eat-in Kitchen, Multiple Living Areas, No Interior Steps, Soaking Tub, Walk-In Closet(s)
Interior Features
Ceiling Fan(s), Laminate Counters, Tile Counters, Eat-in Kitchen, Multiple Living Areas, No Interior Steps, Soaking Tub, Walk-In Closet(s)
Exterior Features
None
Taxes
$7,044
Appliances
Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Free-Standing Refrigerator
Heating
Central, Propane
Air Conditioning
Ceiling Fan(s), Central Air
Exterior Construction
Vertical Siding, Stone Veneer
Stories
1
Levels
One
Roof
Composition
Pool
Yes
School District
Lake Travis ISD
Elementary School
Bee Cave
Middle School
Bee Cave Middle School
High School
Lake Travis

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: (512) 576-4488

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