4 bed, 3 bath, 3,950 sqft on 1.36 acres in Bee Cave. Bee Cave, TX 78738. $1,795,000. Lake Travis ISD.
Welcome to an extraordinary residence where thoughtful design meets effortless luxury. Meticulously crafted including the garage and nestled in one of Austin's most coveted zip codes, this 3,950 square foot showpiece commands attention from the moment you arrive — and never stops impressing.
This is a home built for those who want their main living elevated — literally! The primary suite, gourmet kitchen, dining room, and main living space occupies the entire upper floor, capturing the best views and natural light the property has to offer.
A private lower level — with three additional bedrooms and a large second living space — creates true separation for guests or teens. In addition this level offers a large private office. If you've ever wanted your own floor to yourself, with the rest of the household comfortably out of earshot, this layout was made for you. From soaring ceilings to bespoke architectural details throughout, every inch has been crafted with intention.
The lower level opens onto a grand outdoor entertaining space with a resort-style pool, cabana, fire pit and outdoor kitchen. This home is ideal for buyers who work from home, host and entertain often or simply want their everyday living elevated above all, both literally and figuratively. Practicality matches luxury at every turn.
An oversized three-car garage with workshop, plus a dedicated car wash station to keep your vehicles pristine, while a rare and convenient dumbwaiter connects the levels with ease — a thoughtful touch that sets this home apart from the rest.
Just minutes to shopping, dining, schools and medical facilities in Bee Cave and Lakeway, with an easy commute to downtown, the airport, or the Hill Country. No HOA, low tax rate and Lake Travis Schools.
At 5201 Great Divide Drive in Bee Cave, this 3,950-square-foot residence represents a thoughtful approach to family living in one of the Hill Country's most established neighborhoods. Built in 2000 on 1.362 acres, the home demonstrates the kind of deliberate spatial planning that distinguishes it from standard new construction.
The design centers on an open floor plan anchored by coffered and tray ceilings that create distinct visual zones without walls. Granite and stone countertops define the kitchen workspace, which flows directly into multiple dining and living areas. This configuration allows natural light to move through the home while maintaining clear functional separation between gathering spaces and more private zones. The four bedrooms and dedicated study provide flexibility for families managing remote work alongside guest accommodations. Walk-in closets and a dumbwaiter - a detail rarely found in homes this age - suggest the original builders understood both modern convenience and practical inefficiency.
Material selections reflect consistency across the interior and exterior. Full masonry and stucco construction creates thermal mass critical to Central Texas summers, while the combination of tile and wood flooring throughout acknowledges Austin's climate demands. Recessed lighting and ceiling fans appear throughout, indicating attention to both aesthetics and energy management.
The property extends well beyond interior walls. A private pool anchors the backyard, backed by an outdoor grill and covered patio suitable for year-round entertaining. The lot's 1.362 acres provide genuine privacy on a public-maintained road without HOA restrictions - a rare combination in the Homestead Section 03 area. An electric car charging plug-in and three-car garage with dedicated wash station address contemporary household needs.
Location matters here. The home sits within Lake Travis ISD, with elementary students attending Lake Pointe, middle schoolers at Bee Cave Middle School, and high school access to Lake Travis High School. Bee Cave Road and roads toward downtown Austin are minutes away, making the commute manageable while keeping the property in a genuinely rural setting. Shopping and dining in Lakeway and Bee Cave proper remain close without encroaching on the property's sense of space.
At $454 per square foot, this represents a stable entry point into a neighborhood where land value and school access typically hold firm across market cycles.
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
5201 Great Divide Dr is listed at $1,795,000 with 4 bedrooms, 3 full, 2 half bathrooms, 3,950 square feet, 1.36-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 15, 2026).
5201 Great Divide 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.
5201 Great Divide Dr is a Residential built in 2000 featuring 4 bedrooms, 3 full, 2 half bathrooms, 3,950 square feet, 1.36-acre lot.
5201 Great Divide Dr is priced at $454 per square foot across 3,950 sqft. The Bee Cave neighborhood guide reference price is $911,250 (Bee Cave neighborhood guide · reference price).
#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
Listing information last updated October 3, 2026.
Listed by Bramlett Partners
MLS# 1981184 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
1 record on file
Every recorded listing, sale, and lease at 5201 Great Divide DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.2% | — | $1,258,080 | — | — |
2024-0.1% | — | $1,448,574 | $340,500 | $848,675 |
2023+80.1% | — | $1,450,000 | $136,200 | $1,312,374 |
2022 | — | $805,000 | $136,200 | $1,313,800 |

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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($359K)
Adjustable assumption - not a lending recommendation.
$1,795,000
Luxury property intelligence
A sourced read on Bee Cave pricing, timing, and property scale. No automated valuation claim.
List price
$1,795,000
Price per sqft
$454/sqft
Vs. Neighborhood guide reference price
+97.0%
$911.3K · Bee Cave neighborhood guide · reference price
Days on market
124 days
Original to current
No verified reduction
$1.8M original
Active inventory context
19 listings
Price Position in Bee Cave
Listed 97% 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 Oct 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 5201 Great Divide Dr is $17,882. 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.
This page does not assume a mortgage rate or publish a monthly payment for 5201 Great Divide Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 5201 Great Divide Dr is offered at $1,795,000. The current MLS snapshot shows 184 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.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Homes sold by Keenan Group.
8 events on record
Current Price
$1,795,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-13.2% | — | $1,258,080 | — | — |
2024-0.1% | — | $1,448,574 | $340,500 | $848,675 |
2023+80.1% | — | $1,450,000 | $136,200 | $1,312,374 |
2022 | — | $805,000 | $136,200 | $1,313,800 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 15504 Cabrillo WAY | $950K |
| 12309 Carlsbad DR | $1.60M |
| 5812 Davenport Divide RD | $1.27M |
| 16512 Leopold TRL | $1.10M |
| 15805 Spillman Ranch LOOP | $1.40M |
| 20 Hedgebrook Way | $1.41M |
| 407 Highland Village Dr | $900K |
| 114 Lakota Pass | $1.25M |
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
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.
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