2 months on rocket

5116 Avispa Way, Austin, TX, 78738

$650,000

1.35 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontNone
ViewCity, Hills, Neighborhood, Panoramic
MLS #6994996
Lot Size1.35 Acres
StatusActive

About 5116 Avispa Way

What an opportunity to own this rare 1.34+ acre property with over 75 oaks WITH VIEWS OF DOWNTOWN TOWERS above the eastern horizon! Great, quiet pocket neighborhood with new construction nearby. Perfectly located less than 1 mile from Bee Cave Elementary School and Bee Cave Middle School and near the new LTISD Elementary #9 being built on Hamilton Pool Rd. Watch fireworks from the front porch or remove existing home and build new with your own design to create that special haven. Opportunity to live on property while new home being built in existing. Modular will need to be moved at buyer's expense. Located ten minutes from the Hill Country Galleria, 20 minutes from Dripping Springs wineries, distilleries and 30 minutes from downtown Austin, this property offers something special for the buyer seeking a unique location to build within close proximity to a host of amenities. Come create that dream home and property with "space to breathe" beneath the canopy of the beautiful oaks that shade the property. Acreage properties like this are few and far between in this proximity to shopping and entertainment at this price. Don't miss this opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 241-1300
  • Listing Agent: Jeff Pierce

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City, Hills, Neighborhood, Panoramic
  • Exterior: Exterior Steps, Rain Gutters

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Gentle Sloping, Native Plants, Many Trees, Views
  • Lot Size: 1.35 Acres

School Info

Assigned Schools Information:

  • Lake Travis High School, Public District Grades 9-12
  • Lake Travis Middle School, Public District Grades 6-8
  • Bee Cave Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From intersection of Hwy 71W & Bee Cave Parkway - West on Hamilton Pool Rd to Rt on Cueva. Rt on Avispa.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $170
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

5116 Avispa Way vs Austin

83 DAYS ON ROCKET

+37 Days

$650,000

+$81.6K More

KEY TAKEAWAY

This property is $81.6K more than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6994996

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 241-1300
  • Listing Agent: Jeff Pierce

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

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.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 5/2/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$170$54,665
2019$1,056$54,665
2018$1,177$54,531
2017$1,187$58,715

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4720221
8
/10
  • Bee Cave Elementary School

  • 14300 Hamilton Pool Rd

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4720222
6
/10
  • Lake Travis Middle School

  • 3328 Ranch Road 620 S

  • 1.44 miles

  • Public District Grades 6-8

High School

school-card-donut-4720223
7
/10
  • Lake Travis High School

  • 3324 Ranch Road 620 S

  • 1.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,149. Typical income of Austin, TX residents is between $100k-200k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5116 Avispa Way

What is the listing price of this property?

The listing price of 5116 Avispa Way property is $650,000.

What type of property is this?

The property 5116 Avispa Way is land located in Austin, Texas, 78738.

Is this property for sale now?

Active Listing: 5116 Avispa Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5116 Avispa Way are:
Bee Cave Elementary School: GreatSchools Rating 8/10
Lake Travis Middle School: GreatSchools Rating 6/10
Lake Travis High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $170 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5116 Avispa Way is 1.35 acres.
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Rocket HomesTexasTravis CountyAustin787385116 Avispa Way

This home is located at 5116 Avispa Way in Austin, TX and zip code 78738 in the Bee Caves West neighborhood. This home sits on a 1.35 acre lot. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $650,000.

In April 2024, from all listings sold in Austin, TX there were more than 195 sold above asking price, over 571 sold below and more than 158 were sold right at the asked price. In April 2024 in Austin, TX there were 18.7% more homes for sale than in March 2024. While the average time on the market in April 2024 was 46 days, the median list price was $568,336.

From Rocket Homes Real Estate and based on county public records data.

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