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Residential Land in Madrone Canyon
For Sale
$499,000

5808 Twin Peaks Trce, Austin, TX 78738

Land for dream luxury home in Lake Travis ISD.

Property SizeContact for details
Lot Size0.78 Acres
Days on Market253

Property Features for 5808 Twin Peaks Trce

General Information

Standard status Active
Lot size 0.78 Acres
Property subtype Land
Listing Agency:
Listed By: Katherine Wright · License #0642325
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 9:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Katherine Wright

Investment Insights

Based on property information with market context.

Located at 5808 Twin Peaks Trace in Austin, this property offers an expansive lot in the Madrone Canyon community within the Lake Travis Independent School District. It presents an opportunity to build a luxury home and embrace the Texas Hill Country's natural beauty, with convenient access to amenities. The location is minutes from the Hill Country Galleria, fine dining, shopping, and outdoor activities, combining nature with city living. This property allows for designing and building a home that reflects a specific vision and lifestyle in Central Texas. Note that the builder is restricted to Sendero Homes, and the buyer is responsible for verifying all information.

Key Highlights

  • Expansive lot in the desirable Madrone Canyon community.
  • Located within the highly‑regarded Lake Travis ISD.
  • Opportunity to build a custom luxury home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Repair Shop Dental Office Grocery & Convenience Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 78738, TX

29,529
Population
11,907
Households
2.5
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
42.1 sq mi
ZIP Area
701
Density / Sq Mi
$169,911
Median Household Income
$88,929
Median Earnings
$1,915
Median Rent
$754,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Land for dream luxury home in Lake Travis ISD.
Where is this land located?
The property is located at 5808 Twin Peaks Trce Austin, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Expansive lot in the desirable Madrone Canyon community.; Located within the highly‑regarded Lake Travis ISD.; Opportunity to build a custom luxury home.
More about this property
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