3501 Balcones DR, Austin, TX — photo 1
1 / 28
$3,570,000
5 beds4.5 baths3,575 sqft

3501 Balcones DR, Austin, TX 78731

MLS #248770347 · Gottesman Residential R.E. · Megan Cavazos

Residential
Built in 2013
0.37 Acres Lot
$999/sqft

About this home

Set along one of Central Austin’s most established streets, 3501 Balcones Drive makes an immediate impression with its striking presence, generous proportions, and modern take on timeless architecture. Thoughtfully renovated in 2024 with interiors by Michelle Gerson, the home pairs a fresh, elevated aesthetic with a sense of warmth throughout. Soaring ceilings, expansive windows, and abundant natural light create an airy openness, while refined finishes bring warmth and sophistication to every space. The entry foyer opens to a flexible living space ideal for an office, lounge, or bar, setting the tone for the gracious proportions found throughout the main level. At the center of the home, the grand living room draws the eye upward with dramatic ceilings, while large windows showcase the expansive backyard and impressive canopy of mature oak trees. Filled with natural light, the space connects seamlessly to the dining area, kitchen, and outdoors. Privately positioned beyond the main living spaces, the primary suite offers a quiet retreat with direct access to the backyard, a spacious bath, and an oversized walk-in closet. A main-level laundry room and garage access complete the first floor. Upstairs, four notably spacious bedrooms offer generous accommodations for family and guests. A second laundry room adds an additional layer of everyday functionality. Outside, the expansive backyard feels like a natural extension of the home, with a broad lawn, mature oak trees, and generous space for gathering, entertaining, and enjoying the outdoors. Ideally positioned along Balcones Drive, the property is within walking distance of neighborhood favorites including Flo’s, Westwood Country Club, Mayfield Park, and Laguna Gloria, with Lake Austin and many of Central Austin’s most beloved destinations just moments away.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2013
Full baths
4
Half baths
1
Lot size
0.3703
Subdivision
Colorado Foothills Sec 01 Amd
MLS area
1B
MLS #
248770347

Features

Interior features

  • Bar
  • Stone Counters
  • Eat-in Kitchen
  • Kitchen Island
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Exterior features

  • Gutters Partial
  • Lighting
  • Private Yard

Additional details

Parking
None
Garage spaces
2
Roof
Spanish Tile
Foundation
Slab
Annual tax
$51,607

Loading map…

Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Casis
Middle
O Henry
High
Austin

See Austin ISD schools & boundaries →

Comparable homes near 3501 Balcones DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
3.5 mi
Austin-Bergstrom Airport
10 mi

Straight-line distance, not drive time.

Market insights

Compared with 238 active homes in ZIP 78731 · HomeLocating listings

Area median price
$1,074,500
This home vs. median
232% above
Homes with a price cut
38%

At $3,570,000, this home is priced 232% above the $1,074,500 median across 238 active homes in ZIP 78731.

Estimated monthly payment

$23,841/mo
Principal & interest$18,052/mo
Property taxes
Home insurance (est.)

Home price

$3,570,000

Down payment

20% ($714,000)

Loan details

30-yr fixed, 6.50%

Free & no obligation — we'll connect you with a trusted lender.

Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

See this home in person

Request a tour

We confirm your time and reach out fast.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

Prefer to talk? Call or text (512) 877-8688

Interested in this home?

Ask a question or schedule a tour — we’ll follow up within 24 hours.

By providing your phone number, you agree to receive calls and text messages from Quality Property Group Inc regarding your inquiry and related property information. Consent is not a condition of purchase. Message frequency varies. Message & data rates may apply. Reply STOP to unsubscribe, HELP for help. Privacy Policy · Terms of Service

By submitting, you agree to be contacted by HomeLocating. No spam, ever.

Listing courtesy of Gottesman Residential R.E. · Megan Cavazos

Listing data last updated Oct 25, 2026, 11:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

Keep exploring