See Home Value
$1,315,000
● House - Off Market

5308 Great Divide DR

Bee Cave, TX 78738
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,727 Ft²
$8,287
Est. Monthly
1.91%
Cap Rate

About This Property

Welcome to an eclectic retreat nestled in the serene Homestead community of Bee Cave, ATX. As you approach the property, you'll be greeted by a picturesque scene of rolling hills & expansive skies, setting the tone for the tranquil lifestyle that awaits. The inviting front deck beckons you to pause & take in the peaceful surroundings. Inside you'll find a spacious open floor plan; tall ceilings, hardwood floors, & an abundance of windows create a bright & airy atmosphere. The first floor offers a seamless flow starting with the dining room that opens up to the modern kitchen. A secondary butler's kitchen provides added convenience, while glass doors lead out to the kitchen garden, perfect for cultivating fresh herbs & vegetables. Two living rooms offer ample space for relaxation & entertainment. The main living room boasts large windows, tall ceilings & a fireplace. The second features a built-in bar, pre-plumbed for conversion to a wet bar. Completing the first floor are two bedrooms & a full bath. Upstairs, the primary bedroom offers a peaceful retreat with vaulted ceilings, a private balcony, & a remodeled bath with double vanities, a soaking tub, & a separate shower. An additional bedroom on the second level provides flexibility for your needs. Outside, the grounds beckon you to explore. A sparkling pool invites you to take a refreshing dip on warm Texas days, while a patio provides the perfect spot for al fresco dining. Towering oak trees, a chicken coop & walking paths add to the allure of the 2.6 acre lot, offering privacy & room for expansion. Located within the esteemed Lake Travis school district, & just 5 min to Galleria, 15-20 min to Lake Travis ,30 minutes from DT Austin, this home is the perfect blend of country & urban life! The Homestead community, known for its equestrian-friendly atmosphere & neighborly spirit with access to bridle/hiking trails along Little Barton Creek. Recent seller upgrades include new windows/sliders, new HVAC, & new plumbing.
Unit Size
2,727 Ft²
Days on Market
-
Land Size
2.65 acres
Price per sqft
$482
Property Type
House
Property Taxes
$1,830
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

Last updated: 2 years ago (Unlock MLS #ACT3217268)

Price History

Date / Event Date Event Price
Jul 29, 2025 In contract -
In contract
Jul 10, 2025 Price Decreased $1,315,000
↓ $50K (3.7%)
Price Decreased
Jun 25, 2025 Listed by Douglas Elliman Real Estate $1,365,000
Listed by Douglas Elliman Real Estate
Apr 30, 2024 In contract -
In contract
Apr 25, 2024 Listed by E-Rae Realty $1,250,000
Listed by E-Rae Realty
Welcome to an eclectic retreat nestled in the serene Homestead community of Bee Cave, Texas. As you approach the property, you'll be greeted by a picturesque scene of rolling hills & expansive skies, setting the tone for the tranquil lifestyle that awaits. The inviting front deck beckons you to pause & take in the peaceful surroundings. Inside you'll find a spacious open floor plan; tall ceilings, hardwood floors, & an abundance of windows create a bright & airy atmosphere. The first floor offers a seamless flow starting with the dining room that opens up to the modern kitchen. A secondary butler's kitchen provides added convenience, while glass doors lead out to the kitchen garden, perfect for cultivating fresh herbs & vegetables. Two living rooms offer ample space for relaxation & entertainment. The main living room boasts large windows, tall ceilings, & a fireplace. The second features a built-in bar, pre-plumbed for conversion to a wet bar. Completing the first floor are two bedrooms & a full bath. Upstairs, the primary bedroom offers a peaceful retreat with vaulted ceilings, a private balcony, & a remodeled bath with double vanities, a soaking tub, & a separate shower. An additional bedroom on the second level provides flexibility for your needs. Outside, the grounds beckon you to explore. A sparkling pool invites you to take a refreshing dip on warm Texas days, while a patio provides the perfect spot for al fresco dining. Towering oak trees, a chicken coop, & meandering walking paths add to the allure of the 2.6-acre lot, offering privacy & room for expansion. Located just 5 minutes from the Galleria, 15-20 minutes from Lake Travis , 30 minutes from downtown Austin, & within the esteemed LTISD, this home offers the perfect blend of country living & urban convenience. The Homestead community, known for its equestrian-friendly atmosphere & neighborly spirit, provides a serene retreat with access to bridle/hiking trails along Little Barton Creek.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 91
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 115,303
  • Total Building Area: 2,727
  • Gross Building Area: 2,727
  • Building Area: 2,727
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,727
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEAD THE
  • Land Acres: 0000002647
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 16 BLK B HOMESTEAD THE

Neighborhood

  • School District Name: Lake Travis Independent School District
  • School Tax School District: LAKE TRAVIS ISD
  • Census Tract: 036600

Geography

  • Assessors Map Reference: 0110670315
  • Account Number: 109774
  • Parcel: 109774
  • Block: B
  • Lot: 16
  • Municipality: VILLAGE OF BEE CAVE
  • Latitude: 30.2957
  • Longitude: -97.9561

    Address

  • Full Address: 5308 Great Divide Dr
  • Address - House Number: 5308
  • Address - Street Name: Great Divide
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bee Cave
  • Carrier Code: R040
  • 4-Digit Zip Code: 6117
  • Zip Code: 78738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $889,835
  • Tax Rate Code Area: 83

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 955,188
  • High Value: 1,186,153
  • Low Value: 724,223

    Market Valuation

  • Market Total Value: $1,254,162
  • Market Land Value: $264,700
  • Market Improvement Value: $989,462

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $734,147

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2006
  • Current Sale Recording Date: Feb 03, 2006
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2006019490
  • Previous Sale Recording Date: Jul 25, 2001
  • Previous Sale Contract Date: Jul 23, 2001
  • Previous Sale Amount: $339,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Homestead


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Nearby Rentals

Unit for rent at 4325 Tambre Bnd, Austin, TX, 78738

$4,250 /mo

  • 4 Beds
  • 2 Baths
  • 2,357 ft²
4325 Tambre Bnd, Austin, TX, 78738 Listing by Jill Hamlin


Frequently Asked Questions

When was property at 5308 Great Divide Drive built and last sold?
The property at 5308 Great Divide Drive was built in 1983 and last sold on Feb 1, 2006 for $271,600.
How much is this home worth?
The estimated value of the home located at 5308 Great Divide Drive is $0.
What are some comparable homes to 5308 Great Divide Drive?
There are currently no comparable homes to 5308 Great Divide Drive.