4301 Balcones DR, Austin, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 29
$3,400,000
4 beds3.5 baths4,841 sqft

4301 Balcones DR, Austin TX 78731

MLS #241350273 · Compass RE Texas, LLC · Christy Strub

Residential
Built in 2022
0.47 Acres Lot
$702/sqft

About this home

Walkable to Austin Independent School District's #1 Ranked Elementary School - Highland Park Elementary, and zoned to McCallum High School, home to AISD’s nationally acclaimed Fine Arts Academy! And, with front-row views of the glowing UT Tower in the distance, this home creates a uniquely Austin lifestyle that can't be beat! Set on nearly half an acre in Highland Park West along Balcones Drive, this new, contemporary estate offers rare privacy, scale, and iconic views of the UT Tower glowing against the Austin skyline. Spanning nearly 5,000 square feet and rebuilt to the studs in 2022, the home is designed for predominantly single-level living, with expansive, light-filled interiors and a lower level ideal for guests, media, or additional living space. The kitchen pairs performance and design with a curated appliance suite, including a double wall oven with convection microwave and a custom BlueStar range. Elevated finishes throughout include Emtek hardware, custom cabinetry, and selections from Kelly Wearstler and Ann Sacks. The primary suite features a spa-inspired bath with steam shower and TOTO washlet, creating a private retreat among the treetops. The 0.47-acre homesite offers exceptional outdoor potential with room for a pool, supported by an existing cabana bath for future integration. A patio with a wood-burning fireplace provides an inviting setting for outdoor living, while a structurally engineered roof section allows for the possibility of a rooftop deck or terrace. Located in one of Central Austin’s most established neighborhoods, Highland Park West is known for its rolling terrain, mature trees, and estate-scale lots, with convenient access to downtown, The Domain, and premier dining and cultural destinations. A true gem within the city!

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2022
Full baths
3
Half baths
1
Lot size
0.467
Subdivision
Balcones Park Add Sec 02
MLS area
1B
MLS #
241350273

Features

Interior features

  • Bar
  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Double Vanity
  • Gas Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • In-Law Floorplan
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Natural Woodwork
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Smart Thermostat
  • Soaking Tub
  • Storage
  • Study/Home Office
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound

Exterior features

  • Balcony
  • Electric Car Plug-in
  • Exterior Steps
  • Gutters Full
  • Lighting
  • Private Yard

Additional details

Parking
Attached Carport, Circular Driveway, Concrete, Driveway, Electric Vehicle Charging Station(s), Kitchen Level, Parking Pad, Private
Garage spaces
0
Roof
Metal
Foundation
Slab
Annual tax
$47,551

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Highland Park
Middle
Lamar (Austin ISD)
High
McCallum

See Austin ISD schools & boundaries →

Comparable homes near 4301 Balcones DR

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
4.2 mi
Austin-Bergstrom Airport
10.7 mi

Straight-line distance, not drive time.

Market insights

Compared with 214 active homes in ZIP 78731 · HomeLocating listings

Area median price
$1,099,999.5
This home vs. median
209% above
Homes with a price cut
35%

At $3,400,000, this home is priced 209% above the $1,099,999.5 median across 214 active homes in ZIP 78731.

Estimated monthly payment

$22,572/mo
Principal & interest$17,192/mo
Property taxes
Home insurance (est.)

Home price

$3,400,000

Down payment

20% ($680,000)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Compass RE Texas, LLC · Christy Strub

Listing data last updated Oct 2, 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.

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