5311 Avispa Way, Austin, TX 78738
- $799,000
- 3
- BD
- 2
- BA
- 2,580
- SqFt
- List Price
- $799,000
- Status
- ACTIVE
- MLS#
- 8723748
- Days on Market
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 2,580
- Lot Size
- 119,790
- Area
- 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.
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Additional Information
- Taxes
- $7,044
- Tax Year
- 2026
- Year Built
- 1983
- Parking Spaces
- 4
- Exterior Features
- None
- Interior Features
- Ceiling Fan(s), Laminate Counters, Tile Counters, Eat-in Kitchen, Multiple Living Areas, No Interior Steps, Soaking Tub, Walk-In Closet(s)
- Roof
- Composition
- Appliances
- Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Free-Standing Refrigerator
- Construction
- Vertical Siding, Stone Veneer
- Region
- Dripping Springs/Wimberley, Northwest Travis Co.
- School District
- Lake Travis ISD
- Elementary School
- Bee Cave
- High School
- Lake Travis
- Middle School
- Bee Cave Middle School
- Sewer
- Public Sewer
- Stories
- 1
- Street Name
- Avispa Way
- Street Number
- 5311
- Neighborhood
- Bee Caves West
- Water
- Public
- Guest Accommodations
- None
- Acres
- 2.75
- County
- Travis
- Floor
- Carpet, Tile
- Heating
- Central, Propane
- Lot Description
- Corner Lot, Level, Native Plants, Near Golf Course, Open Lot, Split Possible, Trees-Heavy, Trees-Large (Over 40 Ft)
- Pool
- Yes
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Listing courtesy of Keller Williams Realty. Contact: (512) 576-4488
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