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Keenan Group#1 Austin Board of Realtors Team 2024

$1,495,000

4Beds
4Baths
3,807Sq Ft
0.51 acresLot

3500 Wellspring Dr, Bee Cave, TX 78738

Bee Cave·MLS# 3758740·Built 2001·51 days on market

4 bed, 4 bath, 3,807 sqft on 0.51 acres in Bee Cave. Bee Cave, TX 78738. $1,495,000. Lake Travis ISD.

About This Home

*OPEN HOUSE- Contact agent for gate code - must enter at Tennison Hill/Bee Caves Rd* Perched on a corner lot in the heart of Bee Cave, 3500 Wellspring Drive makes a commanding first impression. The home sits on a 1/2-acre lot, offering a sense of scale that’s hard to find. A stately circle drive and lush landscaping frame the home, setting the tone for the beautifully reimagined interior.While the residence offers 3807sqft across two levels, it lives like a single story with 3 bedrooms on the main level, including the primary retreat, and the 4th bedroom upstairs. Inside, the home is a breath of fresh air - grand, airy, and bathed in natural light. Flanking the entry, you'll find an elegant formal dining room and an executive office complete with custom built-ins. Designer light fixtures act as functional art throughout, while warm, medium-toned wood flooring flows seamlessly from the foyer to the main living spaces and primary suite.

The gourmet kitchen is a true masterclass in chic design featuring pristine quartz countertops, elegant gold hardware, and stainless steel appliances, including double ovens. The space centers around a large entertainer’s island that unfolds naturally into the spacious living area. Wrapped in windows, the entire open-concept wing flows toward the private backyard oasis. Designed to be an extension of the interior, this outdoor retreat features a built-in grill station overlooking a sparkling in-ground pool and waterfall spa. For additional flexibility, the upstairs serves as a private retreat with one bedroom, a full bath, and a game room. A large laundry room and climate-controlled wine storage in the garage add practical touches to the home. This location offers an unparalleled lifestyle, moments from the Hill Country Galleria, LTISD schools, Lake Travis boating, and many parks & trails. Enjoy the tranquility of a Hill Country escape while remaining just 25-30 minutes from the energy of Downtown Austin.

Property Type
Residential
Year Built
2001
Lot Size
0.51 acres
Price / Sq Ft
$393
HOA
$978.5/year
Garage
3 spaces
Pool
Yes

Listing information last updated October 11, 2026.

Listed by Compass RE Texas, LLC

MLS# 3758740 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Private pool and outdoor entertaining setup
3-car garage with additional parking capacity
Generous 0.51-acre lot
Bookcases
Breakfast Bar
Built-in Features

Facts & Features

Interior

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Ceiling-High
  • Tray Ceiling(s)
  • Chandelier
  • Quartz Counters
  • Crown Molding
  • Double Vanity
  • Entrance Foyer
  • Interior Steps
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Study
  • Home Office
  • Two Primary Closets
  • Walk-In Closet(s)

Appliances

  • Built-In Gas Range
  • Built-In Oven(s)
  • Dishwasher
  • Disposal
  • Double Oven
  • Stainless Steel Appliance(s)
  • Water Heater

Flooring

  • Wood
Heating
Central,Fireplace(s),Propane
Cooling
Ceiling Fan(s),Central Air,Electric
Fireplaces
1
Exterior & Lot

Features

  • Barbecue
  • Gutters Full
  • Lighting
  • Outdoor Grill
  • Private Yard

Construction

  • Masonry – All Sides
  • Stone Veneer
  • Stucco

Lot Features

  • Back Yard
  • Corner Lot
  • Landscaped
  • Trees-Large (Over 40 Ft)
  • Many Trees
  • Trees-Medium (20 Ft - 40 Ft)

Fencing

  • Back Yard
  • Privacy
  • Wood

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Patio
Roof
Shingle
Lot Size
0.51 Acres

Parking

  • Attached
  • Circular Driveway
  • Concrete
  • Door-Multi
  • Driveway
  • Enclosed
  • Garage
  • Garage Door Opener
  • Garage Faces Side
  • Inside Entrance
  • Outside
  • Storage
Garage Spaces
3
Pool
Yes
Financial
HOA Fee
$979 / year
Original List Price
$1,495,000
Price per Sq Ft
$393
Utilities
  • Cable Available
  • Electricity Connected
  • Propane
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Septic Tank

Transaction History

2 records on file

Every recorded listing, sale, and lease at 3500 Wellspring DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $1,495,000Original list: $1,495,000MLS 3758740
    1. Listed · August 26, 2026$1,495,000
  2. SoldDecember 17, 2001
    Listed at: $700,000MLS 595962

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$1,495,000
Original list
$1,495,000
Price movement
No verified reduction
Listed / DOM
Aug 26, 2026 · 51 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,183,062
Assessment Year
2025
Year Built
2001
Parcel ID
000000422638
$1.7M
$936K
$935,500
2022
$1,724,235
+84.3% from prev
2023
$1,724,235
+0.0% from prev
2024
$1,183,062
-31.4% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-31.4%
—$1,183,062——
2024+0.0%
—$1,724,235$500,000$1,177,808
2023+84.3%
—$1,724,235$500,000$1,224,235
2022
—$935,500$500,000$1,224,235
5-Year Change26.5%

Virtual Tour

Virtual tour of 3500 Wellspring Dr
Map showing 3500 Wellspring DR
3500 Wellspring DR
Directions

Zoned Schools

Lake Travis ISD →

1 High School1 Middle School1 Elementary School

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$8,281
HOA dues
$82

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T22:07:19.622+00:00; normalized from annual dues.

20% ($299K)

Adjustable assumption - not a lending recommendation.

$1,495,000

Loan: $1.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Bee Cave pricing, timing, and property scale. No automated valuation claim.

List price

$1,495,000

Price per sqft

$393/sqft

Vs. Neighborhood guide reference price

+64.1%

$911.3K · Bee Cave neighborhood guide · reference price

Days on market

51 days

Original to current

No verified reduction

$1.5M original

Active inventory context

20 listings

Price Position in Bee Cave

Neighborhood guide reference price $911.3KThis home $1.5M

Listed 64% above the Bee Cave neighborhood guide reference price. Bee Cave neighborhood guide · reference price.

Seller's Market - 20 active listings, 51 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Verified property facts

Frequently Asked Questions

How much is 3500 Wellspring Dr?

3500 Wellspring Dr is listed at $1,495,000 with 4 bedrooms, 4 full bathrooms, 3,807 square feet, 0.51-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $899,000 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 16, 2026).

What school district is 3500 Wellspring Dr in?

3500 Wellspring Dr is zoned for Lake Travis ISD with assigned schools: Lake Pointe (elementary), Bee Cave Middle School (middle), Lake Travis (high). School assignments should be verified directly with the district.

What are the property details for 3500 Wellspring Dr?

3500 Wellspring Dr is a Residential built in 2001 featuring 4 bedrooms, 4 full bathrooms, 3,807 square feet, 0.51-acre lot.

What is the price per square foot at 3500 Wellspring Dr?

3500 Wellspring Dr is priced at $393 per square foot across 3,807 sqft. The Bee Cave neighborhood guide reference price is $911,250 (Bee Cave neighborhood guide · reference price).

What are the property taxes for 3500 Wellspring Dr?

The most recent annual property tax for 3500 Wellspring Dr is $14,318. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 3500 Wellspring Dr?

This page does not assume a mortgage rate or publish a monthly payment for 3500 Wellspring Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 3500 Wellspring Dr compare with other homes in Bee Cave?

As of Oct 15, 2026, 3500 Wellspring Dr is offered at $1,495,000. The current MLS snapshot shows 188 active listings in 78738. Keenan Group has completed 31 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Bee Cave guide for current neighborhood analysis.

What is the community structure at 3500 Wellspring Dr?

The MLS listing reports HOA or association dues of $979 annual for 3500 Wellspring Dr. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Bee Cave?

Bee Cave is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Bee Cave real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.

  • Bee Cave area specialists
  • Lake Travis ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Bee Cave

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 5:07:19 PM. 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.

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Last updated: 10/15/2026, 5:07:19 PM

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