5311 Avispa WAY
  • $699,000

Overview

Property ID: 8723748
  • Single Family Home
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 2580 Sq Ft
  • Area Size
  • 1983
  • Year Built

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.

Listing courtesy of Keller Williams Realty.

  • Address: 5311 Avispa WAY
  • City: Austin
  • State/county: TX
  • Zip/Postal Code: 78738
  • Area: Bee Caves West
  • Country: United States

Details

Updated on August 31, 2026 at 1:00 am
  • Property ID 8723748
  • Price $699,000
  • Property Size 2580 Sq Ft
  • Bedrooms 3
  • Bathrooms 2
  • Garage 0
  • Year Built 1983
  • Property Type Single Family Home
  • Property Status For Sale

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IDX listings courtesy of Unlock MLS as distributed by MLS Grid. Data last updated: July 11, 2026, 7:00 pm

All information deemed reliable but not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied Open House information is subject to change without notice. Content is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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