Overview

  • Single Family Residence
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2580
  • Sq Ft
  • 1983
  • Year Built
  • 2.75
  • Lot 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.

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Interior Features

Living Area
2580
Price per Sqft
309.69
Levels
One
Living Room
2
Flooring
Carpet, Tile
# Other Level Beds
0
Dining Rooms
1
Main Level Bedrooms
3
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
0
Total Bathrooms
2
Fireplace
0
Laundry Location
Inside, Laundry Room
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central, Propane
Patio And Porch Features
Deck
Window Features
None
Interior Features
Ceiling Fan(s), Laminate Counters, Tile Counters, Electric Dryer Hookup, Eat-in Kitchen, Multiple Living Areas, No Interior Steps, Soaking Tub, Walk-In Closet(s), Washer Hookup
Appliances
Dishwasher, Gas Cooktop, Gas Range, Microwave, Oven, Free-Standing Refrigerator

Utilities

Utilities
Electricity Connected, Propane, Water Connected

Exterior Features

Roof
Composition
Waterfront
No
Property Condition
Resale
Foundation Details
Slab
View
No
Fencing
Wire
Water Source
Public
Other Structures
Storage, Workshop
Spa Features
Parking Features
Carport, Driveway
Pool
Yes
Pool Features
In Ground
Lot Size
2.75 Acres
Sewer
Public Sewer
Exterior Features
None

School Information

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

Other Property Details

MLSⓇ ID
8723748
MLS Board
Unlock MLS
Direction Faces
North
Community Features
None
Accessibility Features
None
Lot Features
Corner Lot, Level, Native Plants, Near Golf Course, Open Lot, Split Possible, Trees-Heavy, Trees-Large (Over 40 Ft)
FEMA Flood Plain
No

TAX Details*

Annual Tax Amount
$7,044.60
Estimated Taxes
$7,044.60

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
617787
List Agent Name
John Martin
Listing Broker
Keller Williams Realty
Contractual Search Date / Listed
2026-07-20

Other Details

Pets Allowed
[mls_disclaimer]

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Amit Shanghvi

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