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Keenan Group#1 Austin Board of Realtors Team 2024
3501 Balcones DR, photo 1 of 28, Highland Park West, Austin, TX
Active

$3,570,000

5Beds
4.5Baths
3,575Sq Ft
0.37 acresLot

3501 Balcones Dr, Austin, TX 78731

Highland Park West·MLS# 5483160·Built 2013·5 days on market

5 bed, 4 bath, 3,575 sqft on 0.37 acres in Highland Park West. Austin, TX 78731. $3,570,000. Austin ISD.

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 Type
Residential
Year Built
2013
Lot Size
0.37 acres
Price / Sq Ft
$999
Garage
2 spaces

Listing information last updated October 22, 2026.

Listed by Gottesman Residential R.E.

MLS# 5483160 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 0.37-acre lot
Stone Counters
Eat-in Kitchen
Kitchen Island
Pantry

Facts & Features

Interior

Features

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

Appliances

  • Gas Cooktop
  • Ice Maker
  • Microwave
  • Double Oven

Flooring

  • Stone
  • Wood
Heating
Central
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Rain Gutters
  • Lighting
  • Private Yard

Construction

  • Stucco

Lot Features

  • Trees-Large (Over 40 Ft)

Fencing

  • Masonry
  • Wood

Foundation

  • Slab
Roof
Spanish Tile
Lot Size
0.37 Acres
Garage Spaces
2
Financial
Original List Price
$3,570,000
Price per Sq Ft
$999
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

3 records on file

Every recorded listing, sale, and lease at 3501 Balcones DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $3,570,000Original list: $3,570,000MLS 5483160
    1. Listed · October 19, 2026$3,570,000
  2. SoldJuly 31, 2012
    Listed at: $430,000MLS 4267962
  3. WithdrawnListed date not recorded
    Current price: $489,976Original list: $489,976MLS 5089806

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$3,570,000
Original list
$3,570,000
Price movement
No verified reduction
Listed / DOM
Oct 19, 2026 · 5 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$2,292,518
Assessment Year
2025
Year Built
2013
Parcel ID
000000783731
$2.3M
$1.9M
$2,223,900
2022
$2,052,754
-7.7% from prev
2023
$1,915,230
-6.7% from prev
2024
$2,292,518
+19.7% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+19.7%
—$2,292,518——
2024-6.7%
—$1,915,230$1,120,000$1,992,938
2023-7.7%
—$2,052,754$1,120,000$795,230
2022
—$2,223,900$1,120,000$932,754
5-Year Change3.1%
Map showing 3501 Balcones DR
3501 Balcones DR
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$19,619

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($714K)

Adjustable assumption - not a lending recommendation.

$3,570,000

Loan: $2.9M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Highland Park West pricing, timing, and property scale. No automated valuation claim.

List price

$3,570,000

Price per sqft

$999/sqft

Vs. Neighborhood guide reference price

+123.1%

$1.6M · Highland Park West neighborhood guide · reference price

Days on market

5 days

Original to current

No verified reduction

$3.6M original

Active inventory context

3 listings

Price Position in Highland Park West

Neighborhood guide reference price $1.6MThis home $3.6M

Listed 123% above the Highland Park West neighborhood guide reference price. Highland Park West neighborhood guide · reference price.

Seller's Market - 3 active listings, 5 days on market

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 22, 2026.

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Frequently Asked Questions

How much is 3501 Balcones Dr?

3501 Balcones Dr is listed at $3,570,000 with 5 bedrooms, 4 full, 1 half bathrooms, 3,575 square feet, 0.37-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,220,000 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 23, 2026).

What school district is 3501 Balcones Dr in?

3501 Balcones Dr is zoned for Austin ISD with assigned schools: Casis (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.

What are the property details for 3501 Balcones Dr?

3501 Balcones Dr is a Residential built in 2013 featuring 5 bedrooms, 4 full, 1 half bathrooms, 3,575 square feet, 0.37-acre lot.

What is the price per square foot at 3501 Balcones Dr?

3501 Balcones Dr is priced at $999 per square foot across 3,575 sqft. The Highland Park West neighborhood guide reference price is $1,600,000 (Highland Park West neighborhood guide · reference price).

What are the property taxes for 3501 Balcones Dr?

The most recent annual property tax for 3501 Balcones Dr is $51,608. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 3501 Balcones Dr?

This page does not assume a mortgage rate or publish a monthly payment for 3501 Balcones Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 3501 Balcones Dr compare with other homes in Highland Park West?

As of Oct 22, 2026, 3501 Balcones Dr is offered at $3,570,000. The current MLS snapshot shows 58 active listings in 78731. Keenan Group has completed 91 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Highland Park West guide for current neighborhood analysis.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Highland Park West?

Highland Park West is one of Austin's established neighborhoods, zoned for Austin ISD in the 78731 area. The Keenan Group has specialized in Highland Park West real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.

  • Highland Park West area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Highland Park West

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/22/2026, 12:41:38 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/22/2026, 12:41:38 PM

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