Date
Details
Price
Change
Source
7/20/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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.
Full Property Details
Full Property Details for 5311 Avispa Way
General
- Price: $799,000
- Taxes: $7,044 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8723748
- Updated: 7/20/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Multiple Living Areas, No Interior Steps, Soaking Tub, Tile Counters, Walk-In Closet(s)
- Appliances: Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Microwave, Oven
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Inside, Laundry Room, Washer Hookup, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
- Security/Safety: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck
Parking
- Carports: Yes
- Total Spaces: 4
- Parking Features: Carport, Driveway
Location
- Area: LS
- County: Travis
- Subdivision: Bee Caves West
- Driving 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.
- Direction Faces: North
School Information
- Elem School District: Lake Travis ISD
- Midd School District: Lake Travis ISD
- High School District: Lake Travis ISD
- Elementary School: Bee Cave
- Middle School: Bee Cave Middle School
- High School: Lake Travis
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Propane
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Propane, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Stone Veneer, Vertical Siding
- Roof: Composition
- Windows: None
- Stories/Levels: 1
- Square Feet: 2,580
- Sq. Ft. Source: Public Records
- Living Area: 2,580 Sq. Ft.
- Year Built: 1983
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Storage, Workshop
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 2.75
- Lot Size (Sq. Ft.): 119,790
- Fence: Yes
- Lot Features: Corner Lot, Near Golf Course, Level, Native Plants, Open Lot, Many Trees, Split Possible, Trees Large Size
- Fencing (Description): Wire
Financial Considerations
- Assessment Amount: $389,556
- Tax Amount: $7,044.6
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 21 BEE CAVES WEST (HOMESTEAD)
- Disclosures/Reports: None
- Property ID: 1187703370000
- Lot Number: 21
Listed by Keller Williams Realty
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Listing agent
— 5311 Avispa Way —
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Schools
Schools serving 5311 Avispa Way
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Bee Cave Elementary School 14300 Hamilton Pool Road, Austin, TX 78738 | K-5 | 0.8 mi |
Bee Cave Middle 5400 Vail Divide, Austin, TX 78738 | 6-8 | 0.8 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5311 Avispa Way
Tax History
Tax History for 5311 Avispa Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,880
—
$389,556
10%
2024
$1,880
-38%
$354,142
-55%
2022
$3,037
—
$784,344
5%
2022
$3,037
1%
$747,962
181%
2021
$3,013
-35%
$266,072
10%
2020
$4,665
—
$241,884
—
2020
$4,674
-4%
$241,884
-1%
2018
$4,864
-3%
$244,800
-1%
2016
$4,994
—
$247,002
—
2017
$4,994
-10%
$247,002
-9%
2015
$5,572
-16%
$270,197
—
2013
$6,636
14%
$270,197
-12%
2014
$5,812
—
$308,472
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5311 Avispa Way
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- Single Family
- Active
- Updated 11 hours ago
- 4Beds
- 3Total Baths
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5311 Avispa Way, Austin, TX 78738 (MLS# 8723748) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5311 Avispa Way is currently listed for $799,000 and was received on July 20, 2026. Want to learn more about 5311 Avispa Way? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.