See Home Value
$635,000
● House - Off Market

5101 Balcones DR

Austin, TX 78731
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$4,296
Est. Monthly
3.43%
Cap Rate

About This Property

Welcome to the Bungalow on Balcones! Discover an incredible opportunity to own a charming 3BR, 2BA bungalow in the highly desirable Highland Park West neighborhood. This home offers a perfect blend of comfort and convenience located just across the street from Russell's Bakery and a stone's throw away from Highland Park Elementary, Perry Park, Juiceland, Chez Zee, Yamas Greek Kitchen, Randall's, Starbucks, and more. Embrace the walkable lifestyle and get into one of Austin's most sought-after neighborhoods at a price point rarely offered.

5101 Balcones Drive combines historic character with a functional floor plan. Enjoy a large kitchen with island seating, a light-filled living area, and an extra dining space. The primary suite showcases vaulted wood ceilings and an en-suite bathroom. Unwind on the brand-new front porch, the perfect spot to sip your morning coffee or an evening glass of wine overlooking the comings and goings of this special part of Austin. A huge side yard is full of possibilities. The property is situated on a large corner lot, just under 1/4 of an acre and also offers great redevelopment potential. It is zoned SF-3, allowing for possible Duplex development. Over $90K invested in recent updates and improvements!
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$509
Property Type
House
Property Taxes
$1,177
HOA Dues
-
Year Built
1950

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Last updated: 3 years ago (Unlock MLS #ACT4274607)

Price History

Date / Event Date Event Price
May 11, 2024 In contract -
In contract
May 9, 2024 Price Decreased $635,000
↓ $15K (2.3%)
Price Decreased
Apr 18, 2024 Price Decreased $649,999
↓ $25K (3.7%)
Price Decreased
Apr 4, 2024 Price Decreased $675,000
↓ $24K (3.4%)
Price Decreased
Mar 14, 2024 Listed by Compass RE Texas, LLC $699,000
Listed by Compass RE Texas, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 91
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,972
  • Lot Size Depth Feet: 1,449
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,566
  • Gross Building Area: 1,566
  • Building Area: 1,206
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,206
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND PARK WEST
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 8 BLK K HIGHLAND PARK WEST

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 000101

Geography

  • Assessors Map Reference: 0130020516
  • Account Number: 126009
  • Parcel: 126009
  • Block: K
  • Lot: 8
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3332
  • Longitude: -97.76

    Address

  • Full Address: 5101 Balcones Dr
  • Address - House Number: 5101
  • Address - Street Name: Balcones
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C085
  • 4-Digit Zip Code: 5412
  • Zip Code: 78731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,593,452
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 756,406
  • High Value: 945,382
  • Low Value: 567,430

    Market Valuation

  • Market Total Value: $780,939
  • Market Land Value: $665,000
  • Market Improvement Value: $115,939

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,939
  • Assessed Land Value: $665,000
  • Assessed Improvements Value: $115,939

    Sales

  • Current Sale Contract Date: Apr 29, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019061305
  • Previous Sale Recording Date: Jul 22, 1999
  • Previous Sale Contract Date: Jul 20, 1999
  • Previous Sale Amount: $129,700
  • Previous Sale Document Type: 70
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 5101 Balcones Drive built and last sold?
The property at 5101 Balcones Drive was built in 1950 and last sold on Apr 29, 2019 for $406,000.
How much is this home worth?
The estimated value of the home located at 5101 Balcones Drive is $0.
What are some comparable homes to 5101 Balcones Drive?
There are currently no comparable homes to 5101 Balcones Drive.