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… Read More 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. Read Less
Property listed by Keller Williams Realty 512-448-4111 (512) 576-4488
Listing Snapshot
Days Online
3
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
2,580
Lot Size
2.75 Acres
Year Built
1983
MLS Number
8723748
Additional Details
Building
Built in 1983, Stories: 1, 2,580 sqft living area, Stone Veneer, Vertical Siding, One
Fence
Wire
Floors
Carpet, Tile
Foundation
Slab
Heating
Central, Propane
Interior Features
Ceiling Fans, Eat In Kitchen, Laminate Counters, Multiple Living Areas, No Interior Steps, Soaking Tub, Tile Counters, Walk In Closets
Laundry
Inside, Laundry Room, Washer Hookup, Electric Dryer Hookup
Lot
2.75 acres, Area: 2.75, Corner Lot, Near Golf Course, Level, Native Plants, Open Lot, Many Trees, Split Possible, Trees Large Size
Parking
Carport, Driveway
Pool
Private pool, In Ground
Property
Resale, Trees Woods
Roof
Composition
Sewer
Public Sewer
Taxes
Annual Amount: $7,045, Year: 2026
Utilities
Electricity Connected, Propane, Water Connected
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