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$825,000
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3 bed, 2 bath, 3,098 sqft on 0.31 acres in Terra Colinas Ph 1. Austin, TX 78738. $825,000. Lake Travis ISD.
A rare, meticulously upgraded home with over $199K in custom enhancements post build! Nestled on a spacious & flat 0.31-acre lot, this predominantly one-story beauty features a stunning backyard retreat, versatile upstairs living, and a hard-to-find 5-car garage. Energy efficiency shines with 22 solar panels (keeping summer electric bills around $50/month) and a natural gas generator.
Minutes from Hill Country Galleria, top-rated Lake Travis ISD schools, and premier shopping and dining, it blends luxury, comfort, and convenience. Inside, enjoy soaring ceilings, abundant light, hardwood floors, and seamless open living. The gourmet kitchen shines with a large island, granite countertops, high-end appliances, a 5-burner gas cooktop, walk-in pantry, and a butler’s pantry with wine fridge.
The family room features a cozy gas fireplace and large windows overlooking the backyard, while the breakfast nook and formal dining add flexible gathering spaces.
All bedrooms are conveniently located on the main level, including the spacious and private primary suite with serene backyard views, a spa-like bath with dual vanities, and a custom walk-in closet. Secondary bedrooms are thoughtfully positioned away from the primary bedroom, each featuring walk-in closets and soaring ceilings—perfect for comfort.
The dedicated office, conveniently located on the main level, includes French doors, custom-built-ins, and wired sound. Upstairs, the light-filled game room offers flexibility as a second living area or potential 4th bedroom (plans available).
The backyard is an entertainer’s dream with an extended 500 sqft covered patio, outdoor kitchen, flagstone firepit area, and a side yard large enough for a private pool.
A rare 5-car garage with tandem and side-by-side parking plus an extended driveway is perfect for extra storage or a workshop.
Experience the best of Bee Cave living with a smart layout, private outdoor oasis, and versatile space for every lifestyle!
Verified property facts
5217 Cedro Elm DR is listed at $825,000 with 3 bedrooms, 2 full, 1 half bathrooms, 3,098 square feet, 0.31-acre lot.
5217 Cedro Elm DR is zoned for Lake Travis ISD with assigned schools: Bee Cave (8/10) (elementary), Bee Cave Middle School (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
5217 Cedro Elm DR is a Residential built in 2017 featuring 3 bedrooms, 2 full, 1 half bathrooms, 3,098 square feet, 0.31-acre lot.
5217 Cedro Elm DR is listed by Compass RE Texas, LLC. 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.
The most recent annual property tax for 5217 Cedro Elm DR is $16,443. 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.
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1 record on file
Every recorded listing, sale, and lease at 5217 Cedro Elm DR, 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.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.0% | — | $731,053 | — | — |
2024+3.1% | — | $850,401 | $262,500 | $557,540 |
2023+54.5% | — | $824,858 | $108,750 | $741,651 |
2022+12.0% | — | $533,880 | $108,750 | $716,108 |
2021 | — | $476,768 | $94,250 | $439,630 |

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. Ratings from GreatSchools.org.
20% ($165K)
Adjustable assumption - not a lending recommendation.
$825,000
Luxury property intelligence
A sourced read on Terra Colinas Ph 1 pricing, timing, and property scale. No automated valuation claim.
List price
$825,000
Price per sqft
$266/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$44K reduction
$869K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 5217 Cedro Elm DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5217 Cedro Elm DR is offered at $825,000. The current MLS snapshot shows 202 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.
5217 Cedro Elm DR was built in 2017, making it 9 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $181 quarterly for 5217 Cedro Elm 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.
7 events on record
Current Price
$825,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.0% | — | $731,053 | — | — |
2024+3.1% | — | $850,401 | $262,500 | $557,540 |
2023+54.5% | — | $824,858 | $108,750 | $741,651 |
2022+12.0% | — | $533,880 | $108,750 | $716,108 |
2021 | — | $476,768 | $94,250 | $439,630 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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