5311 Avispa Way, Austin, TX

$799,000

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3

Beds

2

Baths

2,580

Square feet

2.75

Acres

About 5311 Avispa Way

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.

Features of 5311 Avispa Way

MLS® # 8723748
Price $799,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,580
Acres 2.75
Year Built 1983
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 5311 Avispa Way
Area LS
Subdivision Bee Caves West
City Austin
County Travis
State TX
Zip Code 78738

Amenities

Utilities Electricity Connected, Propane, Water Connected
Features None
Parking Carport, Driveway
View Trees/Woods
Is Waterfront No
Waterfront None
Has Pool Yes

Interior

Interior Carpet, Tile
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
Heating Central, Propane
Fireplace No
# of Stories 1
Stories One
Master On Main No

Exterior

Exterior Features None
Lot Description Corner Lot, Near Golf Course, Level, Native Plants, Open Lot, Many Trees, Trees Large Size, Split Possible
Roof Composition
Construction Stone Veneer, Vertical Siding
Foundation Slab

School Information

District Lake Travis ISD
Elementary Bee Cave
Middle Bee Cave Middle School
High Lake Travis

Additional Information

Date Listed July 20th, 2026
Days on Market 25
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty
Contact Info(512) 576-4488

Listing Map

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