5217 Cedro Elm DR, Austin TX 78738

Austin, TX 78738 | Terra Colinas | Built by Gehan

Ed's Opinion of Value

$759,500 Ed's Estimate: $831,011 $1,049,000
Lowest Comp Recommended List: $806,000 to $856,000 Highest Comp
After reviewing 4 recent transactions in TERRA COLINAS, I estimate this property's value at $831,011. A competitive list price for this home right now would fall in the $806,000 to $856,000 range. This home's position in the current TERRA COLINAS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.31 acres versus the area average of 0.24) contributes to the valuation. Right now, 4 similar properties are competing for buyers in TERRA COLINAS, listed between $759,500 and $1,049,000. Prices in TERRA COLINAS have fallen 8.2% over the last 6 months. A similar home at 5200 Palermo DR, Austin TX 78738 carries an adjusted comparable value of $760,964, providing a strong data point. The comp data here (4 sales in TERRA COLINAS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
3 Baths 2 Full, 1 Half
3,098 Sq Ft
0.3126 Acres
2017 Built
5 Garage

About This Property

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!

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Chandelier
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • French Doors
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Solar Tube(s)
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Natural Gas
Exterior Gas Grill, Gutters Full
County Travis
MLS # 8679762

Parking

Garage 5 spaces

HOA & Community

HOA Fee $181 /Quarterly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $16,443 (2024)

Listing History

MLS# 8679762 92 days
Oct 3, 2025 Off Market
Jul 1, 2025 Price Change $825,000
May 2, 2025 Listed $869,000

Frequently Asked Questions About 5217 Cedro Elm DR, Austin TX 78738

When was 5217 Cedro Elm DR, Austin TX 78738 built?

5217 Cedro Elm DR, Austin TX 78738 was built in 2017.

How much does 5217 Cedro Elm DR, Austin TX 78738 cost?

5217 Cedro Elm DR, Austin TX 78738 sold on October 3, 2025. Contact us for sale price details.

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