5 bed, 4 bath, 4,263 sqft on 0.21 acres in Sweetwater. Austin, TX 78738. $740,000. Lake Travis ISD.
About This Home
5313 Lipan Apache Bend in the highly sought-after Sweetwater community is where luxury, comfort, and breathtaking Hill Country beauty come together. Backing directly to a peaceful greenbelt with incredible views, this impeccably maintained 5-bedroom, 4-bath smart home offers approximately 4,263 square feet of beautifully designed living space and an exceptional indoor-outdoor lifestyle.
From the moment you enter, you are welcomed by soaring ceilings, abundant natural light, and an open-concept floor plan designed for both entertaining and everyday living. The spacious chef’s kitchen flows seamlessly into the main living and dining areas, creating the perfect setting for gatherings, holidays, and memorable evenings with family and friends.
The main-level primary suite is a true retreat featuring a luxurious spa-inspired bath, oversized walk-in closet, and serene greenbelt views. A private downstairs guest suite with a full bath offers incredible flexibility for guests, multigenerational living, or a home office.
Upstairs features three spacious secondary bedrooms, an expansive game room, dedicated media room, and a charming hidden study nook tucked inside one of the bedrooms. Multiple balconies, including an upstairs balcony overlooking the Hill Country and a downstairs covered outdoor living space, allow you to fully enjoy the beauty and tranquility of this incredible setting.
Recent updates include premium FirmFit flooring throughout much of the home, new carpet on the stairs and media room, a freshly painted office, new dishwasher, and new garbage disposal.
Residents of Sweetwater enjoy resort-style amenities including pools, clubhouses, fitness center, hiking trails, sports courts, playgrounds, and panoramic Hill Country views. This is luxury living at its finest in one of the Austin area’s most desirable communities.
At 4,263 square feet across five bedrooms and four-and-a-half bathrooms, 5313 Lipan Apache Bend delivers the kind of floor plan that actually works for families who need space to function. The open layout connects the kitchen, dining, and main living areas without wasting square footage on unnecessary hallways. Quartz counters, a gas cooktop, and an island kitchen anchor the everyday living space, with a pantry and prep areas positioned exactly where you need them.
The primary bedroom sits on the main floor with direct access to a walk-in closet and spa-grade bath. This alone eliminates the daily stair climb for the master suite, a practical choice that pays dividends as households evolve. A full guest suite with its own bath on the ground level provides genuine flexibility, whether you're hosting parents for extended stays, creating a multigenerational living space, or establishing a dedicated home office with a door that closes.
Upstairs, three secondary bedrooms branch off a central landing, each with closet space designed for actual storage rather than decorative purposes. The game room and media room create distinct zones for family activities, while a hidden study nook tucked within one bedroom serves as a genuine work-from-home escape or homework station. Multiple balconies capture the greenbelt views and Hill Country sightlines without sacrificing interior usable space.
The infrastructure supports modern living. Smart thermostat and smart home wiring run throughout. High-speed internet enables remote work. A three-car garage handles vehicles plus bikes and seasonal equipment. The owner's water softener stays with the sale. Recent updates include premium FirmFit flooring in main areas, new dishwasher, fresh garbage disposal, and new carpet on stairs and in the media room.
Located in Sweetwater Section 1 within Lake Travis ISD, the property backs to a greenbelt. Rough Hollow Elementary, Lake Travis Middle School, and Lake Travis High School serve the area. The Sweetwater community amenities include pools, clubhouses, fitness center, hiking trails, and sports courts. Built in 2014 with brick and HardiPlank construction, this home is priced at $188 per square foot in a market where functional family homes command steady demand.
The numbers behind this insight
- Offered at
- $740,000
- Listed
- May 14, 2026
- Price changes
- 3, down 7.5% from $800,000
- Asking price per sq ft
- $174
Sweetwater market
- Homes sold
- 104
- Median sale price
- $689,414
- Median price per sq ft
- $259
- Median days on market
- 44
- Homes for sale now
- 34
- Months of supply
- 3.9
Sweetwater is the Bee Cave community where the developer spent as much on the pool complex as some neighborhoods spend on their entire amenity package. The resort-style aquatic center includes a heated lap pool, a family pool with splash pad, and an adults-only pool, all surrounded by Hill Country landscaping and cabana seating. It sounds like a vacation resort, but this is a neighborhood amenity residents use on a regular Tuesday in June.
Sweetwater is in Bee Cave within the 78738 zip code, along Sweetwater Boulevard off Hamilton Pool Road. Downtown Austin is approximately 25 minutes east via Highway 71 to MoPac. The Bee Cave commercial district is about five minutes along the 71 corridor. Hamilton Pool Preserve is roughly 20 minutes west on Hamilton Pool Road. Reimers Ranch Park, with rock climbing, mountain biking, and Pedernales river access, is about 15 minutes in the same direction. Lake Travis boat ramps are 15 to 20 minutes away.
Housing reflects construction from 2015 through present. Hill Country Contemporary dominates at roughly 40 percent, with native limestone, metal roofing, and floor plans oriented around outdoor living. Texas Traditional accounts for about 25 percent. Modern Farmhouse at approximately 20 percent brings the open-plan aesthetic popular across Austin luxury. Lot sizes range from a fifth of an acre in townhome sections to three-quarters of an acre on estate lots. Pricing spans from the mid-$500s for patio homes to over $2.5 million for custom builds. The core market for a four-bedroom falls between $850,000 and $1.4 million.
Lake Travis ISD serves Sweetwater, with assignments at Bee Cave Elementary, Lake Travis Middle, and Lake Travis High. The district rests on strong academic performance, competitive athletics, and broad extracurriculars. Lake Travis High sends graduates to competitive universities statewide. The growing commercial tax base supplements residential revenue and supports per-student spending.
The internal trail system connects neighborhoods to the pool complex, parks, and common areas. Falconhead West trails are nearby for longer outings. Hamilton Pool draws visitors from across Texas but is close enough to feel local. Reimers Ranch offers 18-plus miles for biking and hiking plus river access. Cafe Blue handles seafood consistently. The Garden at Ellera brings Italian-influenced fare for date nights. Jack Allen's Kitchen serves Texas comfort food with local sourcing. Baguette et Chocolat provides French bakery and bistro. Meridian 98 brings a modern American menu. Summer revolves around pools and lake outings. Fall and spring push residents onto trails and into Hill Country parks.
Compared to Serene Hills, which emphasizes preserved green space, Sweetwater offers a larger community with more amenity infrastructure. Serene Hills is quieter and more intimate. Sweetwater is more active and programmed. Compared to Rough Hollow with its marina, Sweetwater lacks direct lake infrastructure but counters with the pool complex and a location closer to Bee Cave's commercial core. Rough Hollow suits buyers centered on the lake. Sweetwater suits those wanting resort amenities without tying routine to water.
Sweetwater fits families wanting a loaded amenity package, Lake Travis ISD, and Bee Cave convenience without committing to a lake or golf lifestyle. If your Saturday involves morning laps, an afternoon hike at Reimers Ranch, and dinner at one of five restaurants within ten minutes, this is where those things converge. The community is large enough for variety but structured enough that amenities create connection points. It is built for people who will actually use what the HOA provides.
School District: Lake Travis ISD
View Sweetwater neighborhood guide- Property Type
- Residential
- Year Built
- 2014
- Lot Size
- 0.21 acres
- Price / Sq Ft
- $174
- HOA
- $190/quarter
- Garage
- 3 spaces
Listing information last updated September 27, 2026.
Listed by Keller Williams Realty
MLS# 7894213 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-Vaulted
- Quartz Counters
- Double Vanity
- High Speed Internet
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Smart Home
- Smart Thermostat
- Storage
- Walk-In Closet(s)
- Wired for Sound
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Microwave
- Gas Oven
- Water Heater
- Water Softener Owned
- Carpet
- Tile
- Vinyl
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Private Yard
- Brick
- Hardi
- Plank Type
- Stone
- Interior Lot
- Fenced
- Slab
- Covered
- Patio
- Porch
- Roof
- Composition
- Lot Size
- 0.21 Acres
- Attached
- Garage
- Garage Door Opener
- Garage Spaces
- 3
Financial
- HOA Fee
- $190 / quarter
- Original List Price
- $800,000
- Price per Sq Ft
- $174
Utilities
- Cable Connected
- Electricity Available
- Water Source
- MUD
- Sewer
- MUD
Transaction History
3 records on file
Every recorded listing, sale, and lease at 5313 Lipan Apache BND, whoever represented it.
- PendingListed 2026Current price: $740,000Original list: $800,000MLS 7894213
- Listed · May 14, 2026$800,000
- Price changed · June 19, 2026$875,000
- Price changed · July 9, 2026$790,000
- Price changed · September 22, 2026$740,000
- SoldFebruary 21, 2023Listed at: $995,000MLS 2429195
- ExpiredListed 2022Current price: $1,149,000Original list: $1,249,000MLS 6000722
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $740,000
- Original list
- $800,000
- Price movement
- $60K reduction
- Listed / DOM
- May 14, 2026 · 134 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $763,923
- Assessment Year
- 2025
- Year Built
- 2014
- Parcel ID
- 000000818459
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-24.2% | — | $763,923 | — | — |
2024-4.7% | — | $1,007,286 | $165,000 | $747,073 |
2023+57.3% | — | $1,057,014 | $165,000 | $842,286 |
2022 | — | $672,045 | $165,000 | $892,014 |
Virtual Tour

Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Rough Hollow
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 2026-10-16T05:07:07.916+00:00; normalized from quarterly dues.
20% ($148K)
Adjustable assumption - not a lending recommendation.
$740,000
Luxury property intelligence
Keenan Market Position
A sourced read on Sweetwater pricing, timing, and property scale. No automated valuation claim.
List price
$740,000
Price per sqft
$174/sqft
Vs. Neighborhood guide reference price
+7.3%
$689.4K · Sweetwater neighborhood guide · reference price
Days on market
134 days
Original to current
$60K reduction
$800K original
Active inventory context
34 listings
Price Position in Sweetwater
Listed 7% above the Sweetwater neighborhood guide reference price. Sweetwater neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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