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4 bed, 3 bath, 4,473 sqft on 0.42 acres in Highland Park West. Austin, TX 78731. Last listed at $3,499,000, sold June 26, 2026. Austin ISD.
About This Home
Rarely do nearly 180-degree downtown views, privacy, and Central Austin convenience come together in one luxury home. Originally built as a one-story residence, the home underwent a comprehensive renovation, including replumbing, rewiring, stucco, major systems updates, 3 HVAC units, 3 tankless water heaters, spray foam insulation, and thoughtful architectural and aesthetic refinements. Designed to make the downtown skyline part of everyday life, the residence sits above the city with sweeping views across the tree canopy. Clean architectural lines are softened by warm materials, wide-plank white oak floors, grasscloth, natural stone, and richly grained wood millwork. Windows and doors are scaled to the view, from the oversized pivot entry to the dramatic corner glass on the main living level. Antique pendant lighting salvaged from the 1905 Berkeley City Library adds detail. The main level is oriented toward the views and opens onto a covered balcony via floor-to-ceiling glass. The open living and dining areas are ideal for entertaining, with the dining area, office, and one of the living spaces capturing skyline views. The kitchen features flat-front cabinetry and natural wood millwork. The primary suite and office are both on the main level. Upstairs, 3 additional bedrooms, each with an attached bath, are anchored by a dedicated living area with skyline views. The outdoor spaces offer plenty of room to enjoy the private setting, with an expansive front porch, a covered balcony, a covered patio, an outdoor kitchen, generous patio space, live oaks, a tranquil water feature, and a large fenced backyard. A four-car garage, a wide semicircular driveway with ample on-site parking. The main home is 4,473 SQFT/tax, not including the detached ADU or the partially finished basement/workshop, which has lighting, electrical, windows, and a rear entrance, adding exceptional versatility. Minutes from Central Austin, Lake Austin, parks, dining, and everyday conveniences.
This 1951 Highland Park West residence at 4906 Balcones Dr commands nearly 180-degree views of downtown Austin's skyline from a private hilltop setting that feels worlds away from the urban core. Built as a single-story home, the property has undergone a comprehensive restoration that respected its original bones while introducing the systems and finishes required by contemporary living. The masonry construction has been reinforced with spray foam insulation, three HVAC units, and three tankless water heaters. Electrical and plumbing were completely replaced. The home now stands as a study in restraint, where modern infrastructure works invisibly behind restored and reimagined spaces.
The main level opens toward the downtown views through floor-to-ceiling glass and oversized pivot doors onto a covered balcony, with the architecture scaled deliberately to frame the skyline. Wide-plank white oak flooring, natural stone, and millwork in richly grained wood create warmth against the visual drama of the 180-degree view corridor. An antique pendant salvaged from the 1905 Berkeley City Library adds historical texture to the updated spaces. The kitchen features a gas range, flat-front cabinetry, and a walk-in pantry. The primary suite and a dedicated home office anchor the main level, both capturing the view. Upstairs, three additional bedrooms each have attached baths, anchored by a living area with skyline exposure. The 4,473 square foot layout includes a wet bar, soaking tub, wine refrigerator, and smart thermostat throughout. Outdoor spaces span a covered balcony, front porch, covered patio, and expansive rear yard with mature live oaks, a water feature, gas grill, and fenced perimeter.
Located in the Highland Park Elementary attendance zone within Austin ISD, with Lamar Middle and McCallum High serving the area, the home sits minutes from Lake Austin, Zilker Park, and downtown via Lamar Boulevard. The property includes a four-car garage and sits on 0.42 acres. This is a home where original character and modern performance have been thoughtfully balanced, creating a space that functions flawlessly for today's needs while honoring its 1951 heritage and commanding position above the city.
The numbers behind this insight
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
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
- Residential
- Year Built
- 1951
- Lot Size
- 0.42 acres
- Price / Sq Ft
- $782
- Garage
- 4 spaces
Listing information last updated June 18, 2026.
Listed by Compass RE Texas, LLC
MLS# 4245974 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling-High
- Ceiling-Vaulted
- Chandelier
- Stone Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- High Speed Internet
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Natural Woodwork
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Storage
- Study
- Home Office
- Walk-In Closet(s)
- Wet Bar
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Range
- Microwave
- Stainless Steel Appliance(s)
- Water Heater
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central,Fireplace(s),Natural Gas
- Cooling
- Central Air,Electric,Wall/Window Unit(s)
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Gas Grill
- Gutters Full
- Lighting
- Outdoor Grill
- Private Entrance
- Private Yard
- Masonry – All Sides
- Back Yard
- Front Yard
- Landscaped
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Views
- Back Yard
- Full
- Privacy
- Wood
- Concrete Perimeter
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Porch
- Roof
- Composition
- Lot Size
- 0.42 Acres
- Attached
- Circular Driveway
- Direct Access
- Door-Single
- Driveway
- Garage Faces Front
- Inside Entrance
- Oversized
- Tandem
- Workshop in Garage
- Garage Spaces
- 4
Financial
- Original List Price
- $3,499,000
- Price per Sq Ft
- $782
Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $3,499,000
- Original list
- $3,499,000
- Price movement
- No verified reduction
- Listed / DOM
- May 14, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,655,085
- Assessment Year
- 2025
- Year Built
- 1951
- Parcel ID
- 000000124670
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+5.6% | — | $2,655,085 | — | — |
2024+0.1% | — | $2,515,372 | $875,000 | $1,423,215 |
2023+22.3% | — | $2,512,979 | $840,000 | $1,675,372 |
2022 | — | $2,054,850 | $840,000 | $1,672,979 |
Virtual Tour

Zoned Schools
McCallum
Lamar
Highland Park
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% ($700K)
Adjustable assumption - not a lending recommendation.
Home price
$3,499,000
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
$3,499,000
Price per sqft
$782/sqft
Vs. Neighborhood guide reference price
+112.1%
$1.7M · Highland Park West neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$3.5M original
Active inventory context
3 listings
Price Position in Highland Park West
Listed 112% above the Highland Park West neighborhood guide reference price. Highland Park West neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jun 26, 2026.
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