$799,000

5311 Avispa Way Austin, TX 78738

Bee Cave Area

Estimated payment $4,975/month

Total Views 1,800
3 Beds
2 Baths
2,580 Sq Ft
$310 Price per Sq Ft

Highlights

  • Popular Property
  • In Ground Pool
  • 2.75 Acre Lot
  • Bee Cave Elementary School Rated A
  • View of Trees or Woods
  • Mature Trees

About This Home

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.

Listing Agent

John Martin

Keller Williams Realty Brokerage Phone: (512) 576-4488 License #0617787 Listed on: 07/20/2026

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,045

Year Built

  • Built in 1983

Lot Details

  • 2.75 Acre Lot
  • North Facing Home
  • Wire Fence
  • Native Plants
  • Corner Lot
  • Level Lot
  • Open Lot
  • Mature Trees
  • Many Trees
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Slab Foundation
  • Composition Roof
  • Vertical Siding
  • Stone Veneer

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Multiple Living Areas
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Bee Cave Elementary School
  • Bee Cave Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane

Additional Features

  • No Interior Steps
  • Property is near golf course

Community Details

  • No Home Owners Association
  • Bee Caves West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01187703370000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,045

Year Built

Built in 1983

Lot Details

2.75 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Direction Faces: North
  • Directions: From Austin take E 6th St, State Hwy 1 Loop S/TX-1 Loop S, Southwest Pkwy and State Hwy 71 E to Cueva Dr in Bee Cave. Continue on Cueva Dr. Drive to Avispa Way.
  • Disclosures: None
  • Fencing: Wire
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2580
  • Other Structures: Storage, Workshop
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 576-4488
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7044.60
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 6.67
  • Current Price By Living Ar: 309.69
  • Current Price By Original : 1.00
  • List Price Lot Size Square: 6.67
  • List Price By Living Area: 309.69
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • ACT_HomeOfficeYN: 0
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Tile Counters, Eat-in Kitchen, Multiple Living Areas, No Interior Steps, Soaking Tub, Walk-In Closet(s)
  • View: Trees/Woods
  • Flooring: Carpet, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Free-Standing Refrigerator
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Window Features: None
  • Laundry Location: Inside,Laundry Room

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Propane, Water Connected
  • Heating: Central, Propane
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Bee Cave
  • High School: Lake Travis
  • Middle/Junior School: Bee Cave Middle School
  • Junior High Dist: Lake Travis ISD

Lot Info

  • Lot Features: Corner Lot, Level, Native Plants, Near Golf Course, Open Lot, Split Possible, Trees-Heavy, Trees-Large (Over 40 Ft)
  • Parcel Number: 01187703370000
  • Lot Size Acres: 2.75
  • Lot Size Sq Ft: 119790
  • Subdivision Name: Bee Caves West

Building Info

  • Construction Materials: Vertical Siding, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 7044.6
  • Tax Filled Sqft Total: 2580
  • Tax Rate: 1.64400000000000

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,184 $389,556
2023 $1,741 $321,947 $0 $0
2022 $5,080 $292,679 $0 $0
2021 $4,841 $266,072 $96,250 $530,200
2020 $4,674 $241,884 $96,250 $145,634
2018 $4,906 $244,800 $96,250 $148,550
2017 $4,994 $247,002 $96,250 $150,752
2016 $4,994 $247,002 $96,250 $150,752
2015 $4,404 $270,197 $96,250 $173,947
2014 $4,404 $270,197 $96,250 $173,947
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2026 07/20/26 For Sale $799,000 -- $310 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Vendors Lien -- --
Warranty Deed -- Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $156,000 Purchase Money Mortgage
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8723748

Unlock MLS (Austin Board of REALTORS®)

APN: 119215

Your Personal Tour Guide

Ask me questions while you tour the home.