See Home Value
$1,475,000
↓ $25K (1.7%)
● House - Off Market

5601 Great Divide DR

Bee Cave, TX 78738
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,155 Ft²
$8,930
Est. Monthly
$2
HOA / Fees
0.58%
Cap Rate

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.**
Unit Size
2,155 Ft²
Days on Market
-
Land Size
5.06 acres
Price per sqft
$684
Property Type
House
Property Taxes
$1,685
HOA Dues
$2
Year Built
1996

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Last updated: 5 months ago (Unlock MLS #ACT2806983)

Price History

Date / Event Date Event Price
Feb 6, 2025 Price Decreased $1,475,000
↓ $25K (1.7%)
Price Decreased
Jan 2, 2025 Listed by Kuper Sotheby's Int'l Realty $1,500,000
Listed by Kuper Sotheby's Int'l Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 220,370
  • Total Building Area: 2,571
  • Gross Building Area: 2,571
  • Building Area: 2,130
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,130
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEAD THE
  • Land Acres: 0000005059
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 2 BLK A 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: 0110670422
  • Account Number: 366281
  • Parcel: 366281
  • Block: A
  • Lot: 2
  • Municipality: VILLAGE OF BEE CAVE
  • Latitude: 30.2916
  • Longitude: -97.9531

    Address

  • Full Address: 5601 Great Divide Dr
  • Address - House Number: 5601
  • Address - Street Name: Great Divide
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Bee Cave
  • Carrier Code: R040
  • 4-Digit Zip Code: 6125
  • Zip Code: 78738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $890,952
  • Tax Rate Code Area: 83

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 1,063,799
  • High Value: 1,317,521
  • Low Value: 810,078

    Market Valuation

  • Market Total Value: $1,277,420
  • Market Land Value: $505,900
  • Market Improvement Value: $771,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,277,420
  • Assessed Land Value: $505,900
  • Assessed Improvements Value: $771,520

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 122466
  • Previous Sale Recording Date: Apr 29, 2002
  • Previous Sale Contract Date: Apr 26, 2002
  • Previous Sale Document Type: 71
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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Frequently Asked Questions

When was property at 5601 Great Divide Drive built and last sold?
The property at 5601 Great Divide Drive was built in 1996 and last sold on Jul 14, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 5601 Great Divide Drive is $1,489,750.
What are some comparable homes to 5601 Great Divide Drive?
There are currently no comparable homes to 5601 Great Divide Drive.