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— bed, — bath on 3.20 acres in Bee Cave. Bee Cave, TX 78738. $90,000.
Incredible 3.2 acres. Award winning Lake Travis ISD. Horses allowed, bridle paths in community. Private well in place. Great opportunity to own in one of Austin's beautiful surrounding areas.Restrictions: Yes
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 guideVerified property facts
5001 Great DV is listed by Capital City Sothebys Itl Rlty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 5001 Great DV. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5001 Great DV is offered at $90,000. The current MLS snapshot shows 199 active listings in 78738. Keenan Group has completed 30 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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1 record on file
Every recorded listing, sale, and lease at 5001 Great DV, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($18K)
Adjustable assumption - not a lending recommendation.
$90,000
Luxury property intelligence
A sourced read on Bee Cave pricing, timing, and property scale. No automated valuation claim.
List price
$90,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-89.9%
$895K · Bee Cave neighborhood guide · reference price
Days on market
Not available
Original to current
$19K reduction
$109K original
Active inventory context
20 listings
Price Position in Bee Cave
Listed 90% below 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.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Bee Cave
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#1 ABOR Team 2024 with $1B+ career sales volume
Bee Cave is one of Austin's established neighborhoods 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.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
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