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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
5408 Spring Preserve is listed for $1,599,999 and includes 0 bedrooms, 3.23 acres.
5408 Spring Preserve is in the Bee Cave area of Austin, Texas.
5408 Spring Preserve is associated with Lake Travis ISD. School assignments should always be verified directly with the district before relying on them.
5408 Spring Preserve is a Land with 0 bedrooms, 3.23 acres.
5408 Spring Preserve is listed at $1,599,999, +78.8% versus the available Bee Cave median of $895,000.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Discover Spring Creek Preserve, a newly developed, 17-lot gated boutique enclave offering privacy, natural beauty, and refined Hill Country living. Ideally situated just west of Austin’s city limits in the coveted Bee Cave area, this exclusive community blends serene surroundings with exceptional convenience. Lot 7 spans 3.23 acres of level terrain, backing directly to Little Barton Creek and capturing tranquil views toward an adjacent 900-acre nature preserve—a rare and protected backdrop that ensures enduring beauty and privacy. One of the last remaining creekside homesites in the community, this property presents an exceptional opportunity to create a custom estate tailored to your vision. Spring Creek Preserve is conveniently located just 1/2 mile down Hamilton Pool Road off Highway 71, minutes from renowned parks, championship golf courses, and the upscale shopping and dining of the Hill Country Galleria. The lot is not builder-restricted, with no required timeframe to build, offering flexibility and freedom in design. A rare offering of creekside acreage, natural preservation, and luxury living—just minutes from Austin.
Property Type
Land
Lot Size
3.23 acres
HOA
$300/mo
Listed by Moreland Properties
Property Details
Lot Features
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% ($320K)
$1,599,999
Luxury property intelligence
A sourced read on Bee Cave pricing, timing, and property scale. No automated valuation claim.
List price
$1,599,999
Price per sqft
Not available
Vs. Bee Cave median
+78.8%
$895K median
Days on market
42 days
Original to current
No verified reduction
$1.6M original
Active inventory context
20 listings
Price Position in Bee Cave
Listed 79% above the Bee Cave median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
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)
1 event on record
Current Price
$1,599,999
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.
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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