#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on October 27, 2011. Looking for something similar? Contact us or browse available homes.
5011 Balcones DR
Austin, TX, 78731
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$399,900
last listedWhy you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
Amazing surprise to find this spacious lot zoned MF-3 in the heart of town with all that you need at your finger tips, including immediate access to Mopac! Variety of building options available to suit many lifestyles plus CLOSE-IN CONVENIENCE--what a combo!! Site Plan approved.FEMA - Unknown Restrictions: Yes
Property Type
Land
Lot Size
0.48 acres
Listed by Garrison, Realtors
Verified property facts
5011 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.
5011 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.
With 20% down ($79,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5011 Balcones DR is around $2,808 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $399,900, 5011 Balcones DR is in the Highland Park West market where there are currently 60 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).
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
Comparable homes that recently closed in this area
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 |
|---|---|---|---|---|
2025-10.3% | — | $704,896 | — | — |
2024+39.9% | — | $786,027 | $366,048 | $211,430 |
2023+50.9% | — | $561,655 | $640,584 | $145,443 |
2022 | — | $372,122 | $173,873 | $387,782 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($80K)
$399,900
Luxury property intelligence
A sourced read on Highland Park West pricing, timing, and property scale. No automated valuation claim.
List price
$399,900
Price per sqft
Not available
Vs. Highland Park West median
-81.9%
$2.2M median
Days on market
186 days
Original to current
$50.1K reduction
$450K original
Active inventory context
10 listings
Price Position in Highland Park West
Listed 82% below the Highland Park West median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Mar 25, 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
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 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)
Somewhat Walkable
Some Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.3% | — | $704,896 | — | — |
2024+39.9% | — | $786,027 | $366,048 | $211,430 |
2023+50.9% | — | $561,655 | $640,584 | $145,443 |
2022 | — | $372,122 | $173,873 | $387,782 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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