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.
Listed By
Agency Name: Keller Williams Realty
Agency Phone: (512) 448-4111
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimated Payment
$ 2,598.27 per month $1,778.23 Principal & Interest $587.00 Property Tax $233.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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5311 Avispa Way | MLS# 8723748
This single family home located at 5311 Avispa Way, Austin, TX 78738 is currently listed for sale with an asking price of $799,000. This property was built in 1983 and has 3 bedrooms and 2 full baths with 2580 sq. ft. Avispa Way is located in the Bee Caves West subdivision within the Lake Travis ISD school district. Search Bee Caves West real estate on www.rmcapitalcity.com today.