— bed, — bath on 0.56 acres in Highland Park West. Austin, TX 78731. $2,900,000. Austin ISD.
About This Home
Stately Balcones Drive is one of Austin’s most beloved streets—and now you have the rare opportunity to own over half an acre backing to Camp Mabry. Bring your architect and imagination to re-envision what the next chapter of 3917 Balcones Drive could be. Whether you dream of a modern masterpiece or a timeless estate, this property offers the perfect canvas in one of Austin’s most prestigious locations.
Half an acre on Balcones Drive backing to Camp Mabry represents the kind of unrestricted land ownership that defines Austin's most coveted addresses. At 3917 Balcones Dr in the Highland Park West, you're looking at 0.5619 acres of unimproved property in Travis County, a canvas with mature trees rising 20 to 40 feet that frame views across open space few urban lots in Austin can claim.
The land itself tells the story here. Level topography means no expensive grading or foundation complications. Those medium-height trees create natural screening while preserving sight lines toward the expansive grounds that border Camp Mabry to the south, one of Austin's largest green spaces and a defining feature that protects this neighborhood from future development pressure. Balcones Drive itself carries weight in Austin's real estate history. The street runs through one of the city's most architecturally significant neighborhoods, where homes range from mid-century modernist statements to traditional estates, all sharing this common thread of substantial land and distance from the urban sprawl of downtown Austin.
You're in the Austin ISD boundary with Casis Elementary, Lamar Middle School, and McCallum High School serving the neighborhood. The location puts you minutes from major employment corridors. Apple, Dell, Tesla, Domain, and Oracle campuses range from 20 to 45 minutes depending on traffic patterns and which corporate headquarters you're commuting toward. Austin Bergstrom Airport sits roughly 25 minutes south. Downtown Austin requires a similar drive north, though traffic patterns on Congress Avenue and Lamar Boulevard make commute times variable by time of day.
The horizontal expanse of this property changes how you think about living in Austin. You're not buying a finished product, not constrained by someone else's architectural choices or interior decisions. Instead you're acquiring the rarest commodity in this market: room to breathe at the edge of the city while remaining connected to it. Whether the next chapter features a modern compound with clean lines and glass, a traditional estate in limestone and limestone, or something that hasn't been imagined yet, the land gives you the freedom to define it. That's the real value of half an acre in Highland Park West, where development pressure is relentless but this one address remains genuinely available.
The numbers behind this insight
- Offered at
- $2,900,000
- Listed
- May 13, 2026
Highland Park West market
- Homes sold
- 19
- Median sale price
- $1,650,000
- Median price per sq ft
- $476
- Median days on market
- 76
- Homes for sale now
- 3
- Months of supply
- 1.9
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (383 sales), as of November 4, 2026.
Highland Park West has the highest concentration of original mid-century ranch homes still standing in any Austin neighborhood west of MoPac. While other areas have torn down their 1950s houses to build new, Highland Park West has largely preserved its character, and that combination of period homes, big lots, and a live oak canopy with 60 years of growth gives the neighborhood a feel that no new construction can reproduce.
Highland Park West sits between MoPac to the east, Mount Bonnell and Lake Austin to the west, Bull Creek Road to the north, and Balcones Drive to the south. Downtown is about 12 minutes south on MoPac. The 35th Street corridor provides walkable access to Central Market, Tiny Boxwoods, and local shops. Mount Bonnell Road runs along the western edge, giving direct access to one of Austin's most iconic overlooks. The location is genuinely central - equidistant from downtown, the Domain, and the Arboretum.
Mid-Century Ranch homes account for roughly 45% of stock, defining the neighborhood's identity. These are single-story, three- and four-bedroom homes built between 1950 and 1970, typically 1,500 to 2,500 square feet on quarter-acre to half-acre lots. Many retain original rooflines, stone fireplaces, and terrazzo floors. Updated Ranch homes with modernized interiors make up about 25% and represent the sweet spot for buyers wanting character without a full renovation. Modern Hill Country builds account for 15%. Pricing starts around $800,000 for unrenovated originals and reaches $2 million for updated homes on premium greenbelt lots.
Highland Park West is served by Austin ISD. Casis Elementary draws families from across west Austin and consistently ranks among the district's top elementary schools. O. Henry Middle School continues the pipeline, and Austin High School completes it. Austin High's central location and strong college placement make it a draw for families wanting quality public education. Many Casis families walk to school along shaded residential streets, adding to the community feel.
The lifestyle is defined by what it is not. It is not a see-and-be-seen neighborhood. Streets curve with the terrain rather than following a grid, and lots are large enough that houses feel spaced apart. Perry Park and Dellana Park provide green space. Mount Bonnell and Mayfield Park are within five minutes. Bull Creek Greenbelt is accessible from the northern edge. For dining, Chez Zee has served comfort food on Balcones Drive for decades. Tiny Boxwoods brings its garden-setting farm-to-table concept. Postino in Bryker Woods does wine and bruschetta. Eldorado Cafe handles Tex-Mex. Bartlett's offers steaks and an old-school bar. Central Market on North Lamar serves as the de facto town square.
Highland Park West threads the needle between Tarrytown's higher prices and Rosedale's more modest scale. It offers larger lots and more character than Northwest Hills' production builds. It is more affordable than the Eanes ISD neighborhoods across MoPac. And it has a more residential feel than Clarksville, which has absorbed more commercial development. The main consideration is that many original homes need meaningful investment - new roofs, updated electrical, HVAC replacement, and kitchen renovations.
Highland Park West fits buyers who value architectural character and mature landscaping over new construction. It works for families wanting Casis Elementary and Austin High without the Tarrytown premium. It suits people who want proximity to downtown but prefer quiet, curving streets. And it draws buyers who appreciate mid-century design and want a home that feels like Austin rather than a suburb. If you need a brand-new kitchen and a four-car garage, you will pay a renovation premium. But if you want to live under a canopy of live oaks in a neighborhood that has resisted tearing everything down, Highland Park West is one of the few central Austin places where that is still possible.
School District: Austin ISD
View Highland Park West neighborhood guide- Property Type
- Land
- Lot Size
- 0.56 acres
Listing information last updated May 13, 2026.
Listed by Compass RE Texas, LLC
MLS# 2366476 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Level
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 0.56 Acres
Financial
- Original List Price
- $2,900,000
Utilities
- Electricity Available
- High Speed Internet
- Underground Utilities
- Water Available
- Water Source
- Public
- Sewer
- Private Sewer
Transaction History
4 records on file
Every recorded listing, sale, and lease at 3917 Balcones Dr, whoever represented it.
- ActiveListed 2026Current price: $2,900,000Original list: $2,900,000MLS 2366476
- Listed · May 13, 2026$2,900,000
- ExpiredListed 2025Current price: $2,900,000Original list: $2,990,000MLS 5646794
- Price changed · April 22, 2026$2,900,000
- SoldJune 16, 2023Listed at: $3,500,000MLS 1449553
- WithdrawnListed 2022Current price: $3,995,000Original list: $3,995,000MLS 6151454
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,900,000
- Original list
- $2,900,000
- Price movement
- No verified reduction
- Listed / DOM
- May 13, 2026 · 175 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,112,658
- Assessment Year
- 2025
- Parcel ID
- 000000122937
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-45.9% | — | $1,112,658 | — | — |
2024-2.1% | — | $2,057,103 | $1,500,000 | — |
2023+17.0% | — | $2,101,068 | $1,500,000 | $557,103 |
2022 | — | $1,795,523 | $1,500,000 | $601,068 |
Zoned Schools
McCallum
Lamar
Casis
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.
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% ($580K)
Adjustable assumption - not a lending recommendation.
Home price
$2,900,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Highland Park West pricing, timing, and property scale. No automated valuation claim.
List price
$2,900,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+75.8%
$1.7M · Highland Park West neighborhood guide · reference price
Days on market
175 days
Original to current
No verified reduction
$2.9M original
Active inventory context
3 listings
Price Position in Highland Park West
Listed 76% above the Highland Park West neighborhood guide reference price. Highland Park West neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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