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Keenan Group#1 Austin Board of Realtors Team 2024

$22,000,000

5Beds
8.3Baths
15,000Sq Ft
1.19 acresLot

3808 Balcones Dr, Austin, TX 78731

Austin·MLS# 1191266·Built 2027·New today

5 bed, 8 bath, 15,000 sqft on 1.19 acres in Austin. Austin, TX 78731. $22,000,000. Austin ISD.

About This Home

Set behind private gates on prestigious Balcones Drive, The Gatsby is the ultimate trophy estate, where exceptional scale, craftsmanship, and timeless design converge. Spanning approximately 15,000 square feet across 1.19 beautifully landscaped acres, this remarkable residence offers seven bedrooms, eight full baths, three half baths, and an extraordinary collection of luxury amenities.

Designed for grand entertaining and everyday living, the estate features a private wellness center with gym, sauna, and cold plunge, custom whiskey room, temperature-controlled wine cellar, elevator, private office with separate entry, dedicated playroom, and a resort-style pool with grotto.

At the heart of the home, a showpiece kitchen features rift-sawn white oak cabinetry, Wolf and Sub-Zero appliances, and a full catering kitchen, complemented by exceptional materials and custom finishes throughout.

The primary suite occupies its own private wing with a fireplace, dedicated vanity, an extraordinary walk-in closet, and beautifully appointed bath.

Two separate guest houses provide exceptional privacy and flexibility for family, guests, or staff. Seven garage spaces, room for vehicle lifts, and generous additional parking accommodate an impressive automotive collection.

With its remarkable scale, extensive amenities, lush grounds, and coveted Balcones Drive setting, The Gatsby represents one of Austin’s most exceptional private estate offerings.

Property Type
Residential
Year Built
2027
Lot Size
1.19 acres
Price / Sq Ft
$1,467
Garage
7 spaces
Pool
Yes

Listing information last updated October 30, 2026.

Listed by Kuper Sotheby's Int'l Realty

MLS# 1191266 • Active

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

Highlights

Private pool and outdoor entertaining setup
7-car garage with additional parking capacity
New construction completed in 2027
Generous 1.19-acre lot
Bookcases
Breakfast Bar

Facts & Features

Interior

Features

  • Bar
  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling-High
  • Ceiling-Vaulted
  • Chandelier
  • Stone Counters
  • Crown Molding
  • Eat-in Kitchen
  • Elevator
  • Entrance Foyer
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Storage
  • Study
  • Home Office
  • Walk-In Closet(s)
  • Wet Bar

Appliances

  • Built-In Oven(s)
  • Built-In Refrigerator
  • Dishwasher
  • Disposal
  • Double Oven
  • Washer
  • Dryer

Flooring

  • Marble
  • Wood
Cooling
Central Air
Fireplaces
5
Exterior & Lot

Features

  • Outdoor Grill
  • Private Yard

Construction

  • Stucco

Lot Features

  • Back Yard
  • Front Yard
  • Level
  • Private
  • Public Maintained Road
  • Trees-Large (Over 40 Ft)

Fencing

  • Back Yard
  • Fenced
  • Front Yard
  • Full
  • Gate
  • Privacy

Foundation

  • Slab

Patio / Porch

  • Covered
  • Patio
  • Porch
  • Rear Porch
Roof
Spanish Tile
Lot Size
1.19 Acres

Parking

  • Attached
  • Detached
Garage Spaces
7
Pool
Yes
Financial
Original List Price
$22,000,000
Price per Sq Ft
$1,467
Utilities
  • Electricity Available
  • Natural Gas Available
  • Phone Available
Water Source
Public
Sewer
Public Sewer

Transaction History

4 records on file

Every recorded listing, sale, and lease at 3808 Balcones DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $22,000,000Original list: $22,000,000MLS 1191266
    1. Listed · October 30, 2026$22,000,000
  2. SoldJune 22, 2009
    Listed at: $845,000MLS 5190173
  3. WithdrawnListed date not recorded
    Current price: $2,250,000Original list: $2,250,000MLS 6534701
  4. ExpiredListed date not recorded
    Current price: $925,000Original list: $925,000MLS 6106447

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
$22,000,000
Original list
$22,000,000
Price movement
No verified reduction
Listed / DOM
Oct 30, 2026 · 0 days

Tax Record

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

Assessed Value
$4,699,463
Assessment Year
2025
Year Built
2022
Parcel ID
000000699361
$4.7M
$950K
$950,000
2021
$1,900,000
+100.0% from prev
2024
$4,699,463
+147.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+147.3%
—$4,699,463$1,344,333—
2024+100.0%
—$1,900,000$1,900,000$2,206,263
2021
—$950,000$950,000—
5-Year Change394.7%

Virtual Tour

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Map showing 3808 Balcones DR
3808 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
$119,944

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

Illustrative down payment

20% ($4.4M)

Adjustable assumption - not a lending recommendation.

Home price

$22,000,000

Loan: $17.6M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$22,000,000

Price per sqft

$1,467/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

0 days

Original to current

No verified reduction

$22M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 30, 2026.

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Frequently Asked Questions

How much is 3808 Balcones Dr?

3808 Balcones Dr is listed at $22,000,000 with 5 bedrooms, 8 full, 3 half bathrooms, 15,000 square feet, 1.19-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,222,500 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 30, 2026).

What school district is 3808 Balcones Dr in?

3808 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 3808 Balcones Dr?

3808 Balcones Dr is a Residential built in 2027 featuring 5 bedrooms, 8 full, 3 half bathrooms, 15,000 square feet, 1.19-acre lot.

What are the property taxes for 3808 Balcones Dr?

The most recent annual property tax for 3808 Balcones Dr is $132,090. 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 3808 Balcones Dr?

This page does not assume a mortgage rate or publish a monthly payment for 3808 Balcones Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 3808 Balcones Dr compare with other homes in Austin?

As of Oct 30, 2026, 3808 Balcones Dr is offered at $22,000,000. 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.

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

Why Choose the #1 Austin Board Team for Austin

#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

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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 10/30/2026, 5:26:54 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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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/30/2026, 5:26:54 PM

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