4703 Highland TER, Austin, TX — photo 1
Motivated SellerEstimated by HomeLocating
1 / 40
$2,575,000
4 beds4 baths3,489 sqft

4703 Highland TER, Austin TX 78731

MLS #247345654 · Ivy Residential Group, LLC. · Megan Dibartolo

Residential
Built in 2022
111,243 sqft Lot
$738/sqft

About this home

A rare combination of space, privacy, design and single-story living in Highland Park West. Set on .56 acres, this beautifully reimagined custom home offers something increasingly difficult to find this close to Central Austin: an expansive, level backyard shaded by magnificent mature oaks, with exceptional privacy and multiple outdoor living spaces. Taken down to the studs and rebuilt with an addition in 2022, the home was designed by a notable California-based architecture and design firm with an emphasis on quality, natural light and indoor-outdoor connection. A landscape architect designed the exterior to complement the interiors, with multiple doors connecting living spaces to the patios, pool and landscape. The single-level floor plan has no interior steps and thoughtful details throughout. The kitchen features custom white oak cabinetry, Quartz countertops, Sub-Zero refrigerator and freezer and a Wolf 6-burner range with griddle. The owner's suite includes a Carrera marble shower, double vanities, heated herringbone tile floors and three closets. A guest bedroom features windows sourced from the UT Texas Student Union, adding a unique piece of Austin history. The private backyard features a custom pool with fountains and perimeter bench seating, oversized spa/hot tub, summer kitchen, outdoor shower, pergolas, Trex decking, 6-foot gas firepit, imported Italian tile, landscape lighting and multiple areas for dining and relaxing beneath the trees. Beyond the main backyard is an additional fenced yard included with the property, providing even more usable outdoor space and privacy. A discreet firewall and pool bath are integrated into the design. Walkable to Highland Park Elementary and minutes from Central Austin, this is a rare opportunity for exceptional space, privacy and thoughtful design. An oversized garage with commercial-grade door and EV charging station completes the property.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2022
Full baths
4
Lot size
111 x 243
MLS area
1B
MLS #
247345654

Features

Interior features

  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Vaulted Ceiling(s)
  • Quartz Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • French Doors
  • Kitchen Island
  • Multiple Living Areas
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed Lighting
  • Track Lighting
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar

Exterior features

  • Gutters Full
  • No Exterior Steps
  • Private Yard

Additional details

Parking
Driveway, Garage, Garage Door Opener, Oversized
Garage spaces
2
Roof
Composition
Foundation
Slab
Annual tax
$29,243

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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 4703 Highland TER

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
4.2 mi
Austin-Bergstrom Airport
10.4 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
134% above
Homes with a price cut
35%

At $2,575,000, this home is priced 134% above the $1,099,999.5 median across 214 active homes in ZIP 78731, including other homes in Highland Park West.

Estimated monthly payment

$16,531/mo
Principal & interest$13,021/mo
Property taxes
Home insurance (est.)

Home price

$2,575,000

Down payment

20% ($515,000)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Ivy Residential Group, LLC. · Megan Dibartolo

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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