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ActiveMLS #5483160

3501 Balcones DR, Austin TX 78731

Austin, TX 78731 · Colorado Foothills Sec 01 Amd

Single Family Residence for sale in Colorado Foothills Sec 01 Amd

5Bedrooms
4 full / 1 halfBathrooms
3,575Square Ft
0.37Acres
2Garage
2013Year Built
Open Sun 2–4pm
1 / 28
$3,570,000

Overview

Property Description

Set along one of Central Austin’s most established streets, 3501 Balcones Drive makes an immediate impression with its striking presence, generous proportions, and modern take on timeless architecture. Thoughtfully renovated in 2024 with interiors by Michelle Gerson, the home pairs a fresh, elevated aesthetic with a sense of warmth throughout. Soaring ceilings, expansive windows, and abundant natural light create an airy openness, while refined finishes bring warmth and sophistication to every space. The entry foyer opens to a flexible living space ideal for an office, lounge, or bar, setting the tone for the gracious proportions found throughout the main level. At the center of the home, the grand living room draws the eye upward with dramatic ceilings, while large windows showcase the expansive backyard and impressive canopy of mature oak trees. Filled with natural light, the space connects seamlessly to the dining area, kitchen, and outdoors. Privately positioned beyond the main living spaces, the primary suite offers a quiet retreat with direct access to the backyard, a spacious bath, and an oversized walk-in closet. A main-level laundry room and garage access complete the first floor. Upstairs, four notably spacious bedrooms offer generous accommodations for family and guests. A second laundry room adds an additional layer of everyday functionality. Outside, the expansive backyard feels like a natural extension of the home, with a broad lawn, mature oak trees, and generous space for gathering, entertaining, and enjoying the outdoors. Ideally positioned along Balcones Drive, the property is within walking distance of neighborhood favorites including Flo’s, Westwood Country Club, Mayfield Park, and Laguna Gloria, with Lake Austin and many of Central Austin’s most beloved destinations just moments away.

Financial Info
Price
$3,570,000
$ / Sqft
$999
HOA
None
Tax Rate
2.0465%
Est. Taxes
$51,608
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
3501 Balcones DR
County
Travis
City
Austin
State
TX
Zip
78731
Subdivision
Colorado Foothills Sec 01 Amd
Legal Description
LOT 1A COLORADO FOOTHILLS SEC 1 AMENDED PLAT OF LOTS 1&2 BLK 1
Parcel
01230505100000
Interior Features
Floor
Stone, Wood
Num Living
2
Dining
1
Kitchen
Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Gas Cooktop, Ice Maker, Microwave, Double Oven
Laundry
Laundry Room, Lower Level, Multiple Locations, Upper Level
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Bar, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, Primary Bedroom on Main, Walk-In Closet(s), None
General Info
Beds
5 Total / 1 Main Level / 4 Other Level
Full / Half Baths
4 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2013 / Resale
Square Feet
3,575 / Public Records
Garages
2
Garage Desc
None
Foundation
Slab
Roof
Spanish Tile
Construction
Stucco
Acres
0.37
Lot Description
Trees-Large (Over 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
1B
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Masonry, Wood
Exterior Features
Gutters Partial, Lighting, Private Yard, None
Pool On Property
No
Area Amenities
None

Rooms

Rooms1 room

Main level

  • Primary Bathroom

    Bidet, Stone Counters, Walk-In Closet(s), Walk-in Shower

Price history

Days on market
$3,570,000
List price
0
Price reductions
Active
Since Oct 20, 2026
Property history1 event
DateEventPriceChange
Oct 20, 2026New Listing

Taxes

2026 Estimated Property Taxes

TCAD account 783731

Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.

2026 taxing entities, rates per $100, taxable values and estimated taxes
Taxing EntityRate per $100Taxable ValueEstimated Tax
AUSTIN COMM COLL DIST0.103400$2,496,552$2,581.43
AUSTIN ISD0.925200$2,381,770$22,036.14
CITY OF AUSTIN0.524017$2,017,416$10,571.60
TRAVIS COUNTY0.375845$2,017,416$7,582.36
TRAVIS COUNTY HEALTHCARE DISTRICT0.118023$2,017,416$2,381.01
Ordinary property tax estimate2.046485$45,152.54

Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.

Source: Travis County

Historical Tax Summary

Annual taxes billed are the Tax Imposed amounts reported in the latest available Travis Tax Office statement. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2025—2.046485$40,930.02
2024—1.981814$36,861.46
2023—1.809247$30,512.58
2022—1.974923$36,510.11
2021—2.176679$33,004.65
2020—2.226665$31,528.85

Source: Travis County

Combined rates exclude PID placeholder rates. Historical amounts reflect the statement’s snapshot and may change after later corrections; they do not describe payment status. Appraisal values come from the legacy CAD source.

Schools

School Info
District
Austin ISD
Elementary
Casis
Middle
O Henry
High
Austin

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $3,570,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$25,328 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $25,328

Principal & interest
$18,052
Property taxes
$4,301
Homeowners insurance
$2,975

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$2,856,000$31,922$184,700$2,824,078
2$2,824,078$34,060$182,562$2,790,018
3$2,790,018$36,341$180,281$2,753,676
4$2,753,676$38,775$177,847$2,714,901
5$2,714,901$41,372$175,250$2,673,530
6$2,673,530$44,143$172,480$2,629,387
7$2,629,387$47,099$169,523$2,582,288
8$2,582,288$50,253$166,369$2,532,035
9$2,532,035$53,619$163,004$2,478,416
10$2,478,416$57,210$159,413$2,421,206
  • Year 1$2,824,078
    Principal paid
    $31,922
    Interest paid
    $184,700
    Starting balance
    $2,856,000
  • Year 2$2,790,018
    Principal paid
    $34,060
    Interest paid
    $182,562
    Starting balance
    $2,824,078
  • Year 3$2,753,676
    Principal paid
    $36,341
    Interest paid
    $180,281
    Starting balance
    $2,790,018
  • Year 4$2,714,901
    Principal paid
    $38,775
    Interest paid
    $177,847
    Starting balance
    $2,753,676
  • Year 5$2,673,530
    Principal paid
    $41,372
    Interest paid
    $175,250
    Starting balance
    $2,714,901
  • Year 6$2,629,387
    Principal paid
    $44,143
    Interest paid
    $172,480
    Starting balance
    $2,673,530
  • Year 7$2,582,288
    Principal paid
    $47,099
    Interest paid
    $169,523
    Starting balance
    $2,629,387
  • Year 8$2,532,035
    Principal paid
    $50,253
    Interest paid
    $166,369
    Starting balance
    $2,582,288
  • Year 9$2,478,416
    Principal paid
    $53,619
    Interest paid
    $163,004
    Starting balance
    $2,532,035
  • Year 10$2,421,206
    Principal paid
    $57,210
    Interest paid
    $159,413
    Starting balance
    $2,478,416
First 10 of 30 years

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Courtesy of Gottesman Residential R.E. · (512) 451-2422

Listings courtesy of ACTRIS as distributed by MLS GRID.