- Overview
- Description
- Property Details
- Location
- Facts & Features
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$699,000
Monthly Est:$3,479
3 Beds
2 Baths2 full baths
2,580sqft
5311 Avispa Way, Austin, TX 78738
$699,000
$3,479/moEst:
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Single Family Residence
Built in 1983
$-- HOA
2.75 acres lot
$271/sq.ft
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.
- Houzeo last checked: 8 minutes ago
- Listing updated: September 11, 2026 at 5:22 pm
- Listing Provided by: John Martin (512) 576-4488 | Keller Williams Realty (512) 448-4111
- Source: Unlock MLS-TX as distributed by MLS GRID | MLS#: 8723748
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
2,580 sqft
Lot Size
2.75 acres lot
Basement Area
- sqft
MLS Name
Unlock MLS
MLS Number
8723748
MLS Status
Active
Days on Market
104
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Window Features
None
Sewer
Septic Tank
Flooring
Carpet, Tile
Exterior Features
None
Appliances
Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Free Standing Refrigerator
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Propane
Interior Features
Ceiling Fan(s), Laminate Counters, Tile Counters, Eat In Kitchen, Multiple Living Areas, No Interior Steps, Soaking Tub, Walk In Closet(s)
Construction
Year Built
Year Built: 1983
Home type
Single Family Residence
Property Condition
Resale
Roof
Composition
Construction Materials
Vertical Siding, Stone Veneer
Foundation Details
Slab
Utilities & Energy
Parking Features
Carport, Driveway
Water Source
Public
Utilities
Electricity Connected, Propane, Water Connected
Pool Features
In Ground
Other Features
Subdivision Name
Bee Caves West
Patio And Porch Features
Deck
Disclosures
None
Community Features
None
Lot Features
Corner Lot, Level, Native Plants, Near Golf Course, Open Lot, Split Possible, Trees Heavy, Trees Large (over 40 Ft)
Price History
| Date | Event | Price |
|---|---|---|
09/11/2026 Source: | Listed for Sale | $699,000 $271/sqft |
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Based on information submitted to the MLS GRID from Unlock MLS through Nov 02, 2026, 01:30PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Unlock MLS and its affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Unlock MLS. All Rights Reserved.
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