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4515 Balcones DR
Austin, TX, 78731
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$1,295,000
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Amazing split level mid-century modern in Balcones Park! Designed and custom built by owner / architect Barton Riley in 1960, this home features clerestory windows, vaulted wood ceilings with exposed beams, interior stone accent walls, and concrete cantilevered hearth at fireplace. Gourmet kitchen with stainless appliances, quartz counters and marble backsplash. Three living areas. Southern Cal style landscaping on large 1/2 acre lot. Sprinkler Sys:Yes
Property Type
Residential
Year Built
1960
Lot Size
0.50 acres
$/Sq Ft
$469
Listed by The Marye Company
Verified property facts
4515 Balcones DR is listed at $1,295,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,762 square feet, 0.50-acre lot. This places it above the 78731 median of $1,253,075.
4515 Balcones DR is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
4515 Balcones DR is in Highland Park West, Austin, Texas. See the full [Highland Park West neighborhood guide](/neighborhoods/highland-park-west-austin) for market data, schools, and lifestyle details.
4515 Balcones DR is a Residential built in 1960 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,762 square feet, 0.50-acre lot.
4515 Balcones DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Property Details
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.3% | — | $1,439,357 | — | — |
2024+5.2% | — | $1,700,100 | $1,500,000 | $500,000 |
2023+22.0% | — | $1,616,818 | $1,500,000 | $200,100 |
2022 | — | $1,325,575 | $1,500,000 | $116,818 |
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. Ratings from GreatSchools.org.
20% ($259K)
$1,295,000
Luxury property intelligence
A sourced read on Highland Park West pricing, timing, and property scale. No automated valuation claim.
List price
$1,295,000
Price per sqft
$469/sqft
Vs. Highland Park West median
-41.5%
$2.2M median
Days on market
28 days
Original to current
No verified reduction
$1.3M original
Active inventory context
10 listings
Price Position in Highland Park West
Listed 42% below the Highland Park West median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 27, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Highland Park West
Active listings and buyer search context in Highland Park West
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
4515 Balcones DR is priced at $469 per square foot across 2,762 sqft. The Highland Park West median list price is $2,214,263.
With 20% down ($259,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4515 Balcones DR is around $9,094 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,295,000, 4515 Balcones DR is in the Highland Park West market where there are currently 67 active listings in 78731. The Keenan Group has completed 104 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Highland Park West guide](/neighborhoods/highland-park-west-austin).
4515 Balcones DR was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
9 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.3% | — | $1,439,357 | — | — |
2024+5.2% | — | $1,700,100 | $1,500,000 | $500,000 |
2023+22.0% | — | $1,616,818 | $1,500,000 | $200,100 |
2022 | — | $1,325,575 | $1,500,000 | $116,818 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
