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5311 Avispa Way

Austin TX 78738

3
2
4
2580 sq. ft.
119790 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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

3 bedrooms
2 bathrooms
4 carspaces
2580 sq. ft. floor area
119790 sq. ft. lot size
Single-Family

Happy sellers in Austin

89%
89% of sellers in Austin reported that their sale price either exceeded or met their price expectations.

Austin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Austin over the last 12 months.

Local market activity for 3 bedroom single-family properties in Austin

In the last 12 months, 77 three-bedroom single-family properties similar to 5311 Avispa Way, have been sold.

This represents a 30% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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