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5217 Cedro Elm DR
Austin, TX, 78738
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$825,000
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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!
Property Type
Residential
Year Built
2017
Lot Size
0.31 acres
$/Sq Ft
$266
HOA
$181.25/mo
Garage
7 spaces
Listed by Compass RE Texas, LLC
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 presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
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)
$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. Terra Colinas Ph 1 median
Not available
Days on market
407 days
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
With 20% down ($165,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5217 Cedro Elm DR is around $5,651 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $825,000, 5217 Cedro Elm DR is in the Terra Colinas Ph 1 market where there are currently 235 active listings in 78738. The Keenan Group has completed 19 transactions in 78738 as part of 1,000+ career sales totaling $1B+ across Austin.
5217 Cedro Elm DR was built in 2017, making it 9 years old with relatively recent construction.
5217 Cedro Elm DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5217 Cedro Elm DR is part of a managed community with HOA dues of $181 quarterly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$869,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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