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$7,668,641Estimated home value

Beds
5
Baths
7.0
sq ft
6,305

4203 Balcones Dr, Austin, TX 78731

4203 Balcones Dr

Austin, TX 78731

  • Off market
    • Price drop $995,000↓
Major Price Adjustment!Huge opportunity to own a one of a kind luxury custom home completed in 2021.Elegant living in this exquisite property nestled in the heart of Austin on coveted Balcones Dr was designed by Studio Steinbomber & built by Mulligan Construction.Gated & located on .511 acre boasting unparalleled sophistication,quality craftsmanship & design,this home offers a lifestyle of luxury and convenience.Spacious & meticulously designed interiors, beautifully landscaped outdoor spaces,main level open-concept living areas ideal for gatherings & family time.Main floor features a gourmet kitchen equipped w/high-end appliances, sub-zero refrigerators, 3 ovens, & premium custom cabinetry & finishes including quartz counters and a butler's pantry. Five ample bedrooms w/en-suite bathrooms, including a the primary suite retreat for ultimate comfort with spa-like bathroom with a steam shower and wood tub. Two dedicated offices & gym complete the main level.Main level guest suite can be converted to a primary bedroom.The first home in Austin to install a full Tesla solar roof, this home reaps the benefits of energy efficiency. The exterior is an entertainer's dream with easy access for indoor/outdoor gatherings and living, a sparkling heated and chilled pool and hot tub, fire pit, playscape & expansive decks.The lower level features an additional fully equipped kitchen with one full & half bathroom.The intentionally thought out lower level with its retractable doors easily serve the pool area & provide an open flow for catering events & additional space that could also be an in-law plan or game area.This home caters to many flexible uses.The circular drive & attached 2 car garage w/EV charging provides ample parking for up to 9 cars.Location highlights include living on one of Austin's most desirable neighborhoods & premium streets.Proximity to shopping, dining & access to parks, trails & downtown.Zoned to public & private top-rated schools nearby. Dream location!

Details

Property type

Single Family Residence

Est. home value

$7,668,641

Lot size

0.511 acres

Price per sq ft

$936

Year built

2020

Annual property taxes

$29,468.92

Price History

08/20/2024
Austin

Austin #8447316

Removed
08/11/2024
Austin

Austin #8447316

Price change
$5,900,000
-14.43%
06/20/2024
Austin

Austin #8447316

Price change
$6,895,000
-1.36%

Schools & Community

Elementary school: 

Highland Park

Middle school: 

Lamar (Austin ISD)

High school: 

McCallum

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Frost Bank

Loan start date

April 2023

Original loan amount

$1,430,733

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Credit Line (Revolving)

Seller

Mark F Davies and Nicola M L Davies

Lender

Regions Bank

Loan start date

September 2020

Original loan amount

$1,974,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Building or Construction Loan, 30 year

Seller

Mark Davies and Nicola Davies

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 7:50 PM

Listing updated: 08/20/2024 at 12:01 PM

Listed by: Noa Levy, The Agency Austin, LLC Phone #: (512) 607-5113

MLS: Austin #8447316

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