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5101 Balcones Dr, Austin, TX, 78731

$649,999

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths
1,248 SqFt
$521/SqFt
House
Schools Nearby

Location

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5101 Balcones Dr, Austin$649,999

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Garage1 space
Year Built1950
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontNone
ViewNeighborhood
MLS #4274607
Lot Size0.21 Acres
StatusActive

About 5101 Balcones Dr

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!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Eric Pugatch

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Refrigerator, Gas Cooktop, Disposal, Gas Range, Microwave, Range, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Crown Molding, Kitchen Island, Main Level Primary, Pantry, See Remarks, Smart Thermostat, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Neighborhood
  • Exterior: See Remarks

Parking Information:

  • Garage Space: 1 space
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • McCallum High School, Public District Grades 9-12
  • Lamar Middle School, Public District Grades 6-8
  • Highland Park Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Mopac to 2222, Left on Balcones, home is on left side when you get to corner of Balcones & Hancock.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,999
  • Price Per SqFt: $521/SqFt

Tax Information:

  • Annual Amount: $9,040
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

5101 Balcones Dr vs Austin

49 DAYS ON ROCKET

+3 Days

$649,999

+$81.6K More

$521/SqFt

+$210 More

KEY TAKEAWAY

This property is $81.6K more than the Median Sold Price and $210/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #4274607

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Eric Pugatch

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/2/2024, 6:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,040$406,000
2019$8,708$406,000
2018$7,848$385,871
2017$7,187$354,476

History based on county public records data.

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$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4908462
7
/10
  • Highland Park Elementary School

  • 4900 Fairview Dr

  • 0.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4908463
6
/10
  • Lamar Middle School

  • 6201 Wynona Ave

  • 1.17 miles

  • Public District Grades 6-8

High School

school-card-donut-4908464
7
/10
  • McCallum High School

  • 5600 Sunshine Dr

  • 1.90 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,629. The majority of Austin, TX residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5101 Balcones Dr

What is the listing price of this property?

The listing price of 5101 Balcones Dr property is $649,999.

What type of property is this?

The property 5101 Balcones Dr is a house located in Austin, Texas, 78731.

Is this property for sale now?

Active Listing: 5101 Balcones Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5101 Balcones Dr are:
Highland Park Elementary School: GreatSchools Rating 7/10
Lamar Middle School: GreatSchools Rating 6/10
McCallum High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,040 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5101 Balcones Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5101 Balcones Dr is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5101 Balcones Dr is 1950.

Rocket HomesTexasTravis CountyAustin787315101 Balcones Dr

This home is located at 5101 Balcones Dr in Austin, TX and zip code 78731 in the Highland Park West / Balcones neighborhood. This 1,248 square foot home, which was built in 1950, sits on a 0.21 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $649,999.

While more than 195 listings in Austin, TX in April 2024 were sold above asking price, there were more than 158 listings sold at asking price, and more than 571 were sold below. In April 2024 in Austin, TX there were 18.7% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $568,336, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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