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4 bed, 3 bath, 3,524 sqft on 0.31 acres in Bee Cave. Austin, TX 78738. Last listed at $1,150,000, sold May 19, 2023. Lake Travis ISD.
About This Home
A stately one-story executive home nestled on a .312-acre level lot w/room for a pool in Falconhead. The home has 4 generously sized bedrooms, 3 full baths, 2 living areas, 2 offices, formal dining, breakfast room, and 3-car garage. The open living concept has a fireplace, soaring ceiling, and natural light. An expansive balcony w/outdoor living area is ideal for al fresco dining and gatherings. 2 private offices and a secondary gameroom offer additional living spaces and flexibility in their uses. The gourmet kitchen opens to the living area with stainless appliances like a gas cooktop & 2 built-in ovens, granite counters, island, walk-in pantry and adjacent dining room. The expansive 1st-floor primary suite provides an idyllic retreat with its own sitting area and French doors leading to the covered patio. The spacious primary bath features double vanities, an oversized soaking tub, a separate shower, and a walk-in closet with built-in Elfa storage. Outside, the lushly landscaped backyard is anchored by a flagstone patio, making it the perfect spot to enjoy an evening fireside chat. Falconhead residents enjoy one of the lowest tax rates in Travis County. Saving up to $11,000 per year compared to similarly priced homes in nearby subdivisions. The community offers a neighborhood park, access to hike & bike trails; plus, access to Falconhead’s PGA Tour-designed golf course. This top Austin course has membership options for avid golfers and pay as you play. The community is 10 minutes from shopping and restaurants at the Hill Country Galleria. Including Whole Foods Market, a movie theater and dozens of boutiques & eateries. Medical facilities 10 minutes away include Baylor, Scott & White Lakeway Medical Center, Austin Regional Clinic and St. David’s Emergency Center. Lake Travis, Hamilton Pool and Lakeway Marina are 15 minutes away. So are dozens of wineries, breweries, and 6+ state & county parks for fishing, hiking, biking, and rock climbing.
Bee Cave was a one-stoplight town on Highway 71 as recently as 2005. Today it has its own city government, a regional shopping center, and some of the most expensive residential real estate west of downtown Austin. That speed of transformation makes it unusual even by Central Texas standards, and it explains why the community still has a slight identity split between its rural Hill Country roots and its newer suburban polish.
Bee Cave sits about 15 miles west of downtown along Highway 71, with Ranch Road 620 forming its eastern boundary and the Hill Country stretching west toward Dripping Springs. The commute downtown takes 20 to 30 minutes depending on traffic at the 71/MoPac merge. Heading north on 620 reaches Lakeway and the Lake Travis marinas. Heading south puts you on Hamilton Pool Road and some of the best swimming holes in the region. Hill Country Galleria provides most of what residents need day to day without driving into Austin proper.
Residential architecture reflects the Hill Country Contemporary style that dominates western Travis County - roughly 35% of homes feature native limestone, standing seam metal roofs, and walls of glass oriented toward canyon views. Another 25% lean Mediterranean with stucco, clay tile roofs, and courtyard entries. The remaining inventory splits between Modern Farmhouse builds and traditional ranch-style homes. Lot sizes range from quarter-acre in Falconhead to five-acre spreads in unincorporated pockets. Townhomes start in the mid-$500s, while custom builds in Spanish Oaks or Mirador regularly exceed $2 million. The median sale price has hovered near $900,000.
Lake Travis ISD serves Bee Cave, and it is one of the strongest draws for families relocating from central Austin. Bee Cave Elementary and Lake Travis Elementary feed into Lake Travis Middle School and Lake Travis High School, which competes at the 6A level in athletics and has strong fine arts programs. The district's tax rate is competitive with Eanes ISD, and elementary test scores consistently place in the top quartile statewide. Parents moving from Austin ISD often cite smaller class sizes and newer facilities as deciding factors.
Daily life anchors around Hill Country Galleria for shopping, but the real draw is what surrounds the town. Milton Reimers Ranch Park offers over 2,600 acres of mountain biking, rock climbing, and river access. Hamilton Pool Preserve is a 20-minute drive. Bee Cave Central Park has a splash pad for younger kids, and Falconhead Golf Club gives golfers a Hill Country layout without a full country club membership. For food, Cafe Blue does sophisticated seafood, Baguette et Chocolat handles French pastries, and Buenos Aires Cafe serves Argentine empanadas with a following across Austin. Chisos Grill covers Texas comfort food, Jack Allen's Kitchen anchors the farm-to-table crowd, and Via 313 handles pizza nights.
Bee Cave sits between Lakeway and Dripping Springs in both geography and price. It is less expensive than lakefront Lakeway but pricier than Dripping Springs, which trades proximity for larger lots. Compared to Westlake Hills, Bee Cave offers newer construction and larger lots at lower per-square-foot prices, though you lose Eanes ISD. The 71 corridor continues to develop, which supports property values but means the area feels less quiet than five years ago.
Bee Cave works for families who want Lake Travis ISD and Hill Country living without fully committing to a lakefront lifestyle. It fits people who work from home or have flexible schedules, since the Highway 71 commute can test patience during peak hours. And it suits buyers who want newer construction with fewer maintenance surprises. If you need to be downtown every day by 8 AM, look closer in. But if your priorities are space, schools, and outdoor recreation access, Bee Cave has a strong case.
School District: Lake Travis ISD
View Bee Cave neighborhood guide- Property Type
- Residential
- Year Built
- 2008
- Lot Size
- 0.31 acres
- Price / Sq Ft
- $326
- HOA
- $125/quarter
- Garage
- 3 spaces
Listing information last updated May 19, 2023.
Listed by Taylor Real Estate
MLS# 8957946 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Granite Counters
- Double Vanity
- Entrance Foyer
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- No Interior Steps
- Open Floorplan
- Pantry
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Sound System
- Walk-In Closet(s)
- Built-In Oven(s)
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Electric Oven
- Double Oven
- Stainless Steel Appliance(s)
- Water Heater
- Tile
- Wood
- Heating
- Central,Propane
- Cooling
- Attic Fan,Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Exterior Steps
- Gutters Full
- Stone
- Stucco
- Back Yard
- Cul-De-Sac
- Curbs
- Front Yard
- Landscaped
- Level
- Near Golf Course
- Trees-Medium (20 Ft - 40 Ft)
- Back Yard
- Partial
- Wrought Iron
- Slab
- Covered
- Rear Porch
- Roof
- Spanish Tile
- Lot Size
- 0.31 Acres
- Additional Parking
- Attached
- Door-Multi
- Driveway
- Garage Door Opener
- Garage Faces Side
- Oversized
- Garage Spaces
- 3
Financial
- HOA Fee
- $125 / quarter
- Original List Price
- $1,150,000
- Price per Sq Ft
- $326
Utilities
- Electricity Connected
- Propane
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4400 Bat Falcon DR, whoever represented it.
- SoldMay 19, 2023Listed at: $1,150,000MLS 8957946
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
Listing timeline with current price, original ask, and market time.
- Current list
- $1,150,000
- Original list
- $1,150,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 12, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $928,775
- Assessment Year
- 2025
- Year Built
- 2008
- Parcel ID
- 000000696542
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $928,775 | — | — |
2024+15.3% | — | $1,061,575 | $367,500 | $693,143 |
2023+42.0% | — | $920,317 | $367,500 | $694,075 |
2022 | — | $648,100 | $367,500 | $552,817 |
Zoned Schools
Lake Travis
Hudson Bend
Lakeway
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.
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 2026-04-25T02:51:50.833075+00:00; normalized from quarterly dues.
20% ($230K)
Adjustable assumption - not a lending recommendation.
$1,150,000
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Keenan Market Position
A sourced read on Bee Cave pricing, timing, and property scale. No automated valuation claim.
List price
$1,150,000
Price per sqft
$326/sqft
Vs. Neighborhood guide reference price
+26.2%
$911.3K · Bee Cave neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.2M original
Active inventory context
19 listings
Price Position in Bee Cave
Listed 26% above the Bee Cave neighborhood guide reference price. Bee Cave neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Bee Cave Neighborhood Guide
Lifestyle, schools, market context, and homes in Bee Cave
Bee Cave Homes for Sale
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78738 ZIP Guide
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Lake Travis ISD Schools
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