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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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5311 Avispa Way , Austin, TX 78738
$699,000
Est. Payment: $3,585.06/mo
3 Bed
2 Bath
2580 Sqft
Status: active | Days on site: 32
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jeannette Spinelli, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jeannette Spinelli
Broker Associate & Founder
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House 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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Highlights

Listed by John Martin , (512) 576-4488 Keller Williams Realty , (512) 448-4111. Austin MLS mls logo

Property Type

Residential
Lot/Acreage
2.75

Year Built

1983

County

Travis

Area

LS

 Neighborhood

Bee Caves West

 School District

Lake Travis ISD

Listing ID

8723748

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Gas Range, Microwave, Oven
Floor:Carpet,Tile
Other:
  • ▪ Additional:Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Multiple Living Areas, No Interior Steps, Soaking Tub, Tile Counters, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:Corner Lot,Near Golf Course,Level,Native Plants,Open Lot,Many Trees,Split Possible,Trees Large Size
Roof:Composition
Others:
  • ▪ Additional:Resale
Sewer:Public Sewer
Parking Features:Carport,Driveway
Principal Interest
$3,585
Taxes
$587

Home Price

$699,000

Loan Details

30 yrs
6.637%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,585.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,585.06 $587.05 $0.00 $4,172.11
Yearly $43,020.68 $7,044.60 $0.00 $50,065.28
Total $1,290,620.53 $211,338.00 $0.00 $1,501,958.53

Today's Rates

30 Year

6.64%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-09-03T02:23:53.000Z

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