See Home Value
$3,499,000
● House - Off Market

4906 Balcones DR

Austin, TX 78731
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,473 Ft²
$21,493
Est. Monthly

About This Property

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.
Unit Size
4,473 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$782
Property Type
House
Property Taxes
$4,311
HOA Dues
-
Year Built
1951

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Last updated: 4 months ago (Unlock MLS #ACT4245974)

Price History

Date / Event Date Event Price
Jun 19, 2026 In contract -
In contract
May 14, 2026 Listed by Compass RE Texas, LLC $3,499,000
Listed by Compass RE Texas, LLC

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 688
  • Garage Type: 1
  • Garage Square Area: 684
  • Parking Space Count: 2
  • Patio Type: 91
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,172
  • Lot Size Depth Feet: 1,905
  • Lot Size Frontage Feet: 959
  • Total Building Area: 6,131
  • Gross Building Area: 6,131
  • Building Area: 4,759
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,759
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK WEST
  • Land Acres: 0000000417
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: W14 FT OF LOT 27 & E81.88 FT OF LOT 28 BLK O HIGHLAND PARK WEST

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 000102

Geography

  • Assessors Map Reference: 0129040216
  • Account Number: 124670
  • Parcel: 124670
  • Block: O
  • Lot: 27,28
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3325
  • Longitude: -97.7623

    Address

  • Full Address: 4906 Balcones Dr
  • Address - House Number: 4906
  • Address - Street Name: Balcones
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C085
  • 4-Digit Zip Code: 5417
  • Zip Code: 78731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,804,711
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2372
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 2,337,059
  • High Value: 2,891,604
  • Low Value: 1,782,513

    Market Valuation

  • Market Total Value: $2,515,372
  • Market Land Value: $840,000
  • Market Improvement Value: $1,675,372

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,486,369

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Oct 28, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016180885
  • Previous Sale Recording Date: Apr 03, 2012
  • Previous Sale Contract Date: Mar 30, 2012
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Highland Park West


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Frequently Asked Questions

When was property at 4906 Balcones Drive built and last sold?
The property at 4906 Balcones Drive was built in 1951 and last sold on Oct 28, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 4906 Balcones Drive is $3,481,034.
What are some comparable homes to 4906 Balcones Drive?
There are currently no comparable homes to 4906 Balcones Drive.