5601 Great Divide DR, Bee Cave TX 78738

Off Market

Rendering of plans designed for this property

Additional photos available to registered users

Ed's Opinion of Value

$589,900 Ed's Estimate: $1,065,656 $1,222,958

Lowest Comp Recommended List: $607,000 to $617,000 Highest Comp

The comparable sales data (7 recent transactions in HOMESTEAD) supports an estimated value of $1,065,656. The data suggests a list price between $607,000 and $617,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in HOMESTEAD, this home would be the most expensive of 4 comparable homes on the market. This home's smaller footprint (242 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 5.06 acres versus 1.55 for the typical comp. With 4 similar homes currently listed in HOMESTEAD (a seller's market), competition is a factor to consider. Prices in HOMESTEAD have risen 6.3% over the last 6 months. A similar home at 13602 Couri Pass PASS, Austin TX 78738 carries an adjusted comparable value of $1,095,587, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HOMESTEAD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

HOMESTEAD Market Trends

$337,490 Median Sold Price ▲ 6.3% 6mo

$174/sqft Median $/SqFt ▲ 2.7% 6mo

28 days Avg Days on Market 47 days faster

3 homes Active Inventory 1.1 mo supply

93.1% Sale-to-List Ratio

16 Sales (6 months)

Recently Sold Comparables

$1,095,587 adjusted 13602 Couri Pass PASS, Austin TX 78738 4bd / 2.0ba • 2,209 sqft • 0.8 mi Sold 2 months ago

$935,852 adjusted 5000 High Canyon Pass, Austin TX 78738 3bd / 3.0ba • 2,536 sqft • 0.8 mi Sold 6 months ago

$1,144,030 adjusted 5111 Great Divide DR, Bee Cave TX 78738 4bd / 4.0ba • 3,250 sqft • 0.5 mi Sold 2 months ago

$984,151 adjusted 13424 Saddle Back PASS, Austin TX 78738 3bd / 2.0ba • 2,133 sqft • 0.6 mi Sold 5 months ago

$1,222,958 adjusted 13444 Saddle Back PASS, Austin TX 78738 4bd / 3.0ba • 2,403 sqft • 0.7 mi Sold 8 months ago

Currently on Market

$589,900 5321 Del Dios WAY, Austin TX 78738 3bd / 3.0ba • 2,276 sqft • 2.8 mi 39 days on market

$689,900 5500 La Canada WAY, Austin TX 78738 3bd / 3.0ba • 2,221 sqft • 2.7 mi 1 days on market

$665,000 4213 Gandara BND, Austin TX 78738 4bd / 3.0ba • 2,398 sqft • 1.7 mi 3 days on market

3 Beds

4 Baths 3 Full, 1 Half

2,155 Sq Ft

5.059 Acres

1996 Built

2 Garage

About This Property

5 Acre Homesite in Bee Cave with Existing 3 Bedroom Home. Ideal for anyone looking to live on site while you construct your dream home!!! Perfect multigenerational property!

There are many reasons to love Bee Cave and many more to love the community of The Homestead. This is a premium, very private, 5 Acre lot situated at the back of The Homestead neighborhood with views that back to Spanish Oaks and a large private ranch. The existing 2155 square foot home was recently renovated and makes for the ideal place to live as the owner builds their dream home!

Just bring your builder! Tenant in place through the end of May which would give the buyer income while working on plans and prepping for construction. The large development envelopment is ideal for creating a family compound with plenty of space for many options.

Located in the highly desirable Lake Travis ISD. Horses allowed and encouraged! Seller has also paid to $11K to tap into city water.
**To Be Built Option is coming with Eppright Homes.**

Features

Breakfast Bar
Ceiling Fan(s)
Coffered Ceiling(s)
High Ceilings
Quartz Counters
Double Vanity
Electric Dryer Hookup
Entrance Foyer
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Primary Bedroom on Main
Recessed Lighting

Location

Map loading...

Schools

School District Lake Travis ISD

Elementary Bee Cave

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Tile, Vinyl, Wood

Cooling Central Air

Heating Central, Propane

Exterior Gutters Full, Private Yard

County Travis

MLS # 2806983

Garage 2 spaces

HOA & Community

HOA Fee $25 /Annually

Tax Information

Annual Taxes (MLS) $20,216 (2023)

Listing History

MLS# 2806983 64 days

Mar 25, 2025	Off Market
Feb 5, 2025	Price Change	$1,475,000
Jan 2, 2025	Listed	$1,500,000

Frequently Asked Questions About 5601 Great Divide DR, Bee Cave TX 78738

When was 5601 Great Divide DR, Bee Cave TX 78738 built?

5601 Great Divide DR, Bee Cave TX 78738 was built in 1996.

How much does 5601 Great Divide DR, Bee Cave TX 78738 cost?

5601 Great Divide DR, Bee Cave TX 78738 sold on March 25, 2025. Contact us for sale price details.

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Jul 14, 2022	Off Market
Jun 28, 2022	Listed		$1,000,000