Active Listing  ·  13 days on market

4514 Spanish Oak Trl

Austin, TX 78731
$4,995,000
5 Bed 4 Bath 4,993 sqft $1,000/sqft Built 2025 0.43 acres 2-Car Garage Pool New Construction Balcones Park 01

Thoughtfully designed with both functionality and luxury in mind, this custom home offers five bedrooms and four full bathrooms across a sophisticated multi-level floor plan. Nestled in Highland Park West, enjoy a peaceful setting just moments from parks, dining, shopping, and downtown Austin. A remarkable collaboration between architect Jimmy Holland, designer Lindsey Hanna, and builder Daniel Madera, this exceptional new construction residence blends timeless architecture with elevated modern living across nearly 5,000 square feet on a beautifully sized .43-acre lot.

The main level features a private primary suite, plus a secondary bedroom or office with a full bath. Upstairs, two secondary bedrooms share a Jack-and-Jill bath and an additional living area. The lower level is designed for entertaining with a spacious living room featuring panoramic slide-and-stack doors opening directly to the pool, a 550-square-foot flex space ideal for a gym or media room, a private guest suite, and a full bath with exterior pool access. Soaring 13-foot ceilings anchor the kitchen, complemented by warm oak flooring, Delta Millworks wood siding, and Lincoln windows that fill the home with natural light. The kitchen features a premium Thermador appliance package, pot filler, antique brass cabinet hardware, unlacquered brass appliance pulls, and a fully equipped butler's pantry with a prep sink and second dishwasher. Designer Lindsey Hanna thoughtfully curated every finish throughout the home. The primary bath showcases Carrara marble checkerboard flooring, zellige shower walls, and refined designer finishes, while carefully selected tile and lighting create a cohesive design throughout. Outdoor living includes a Brighton Pools resort-style pool and seamless indoor-outdoor living. Every detail has been carefully considered, creating a home that is both architecturally distinctive and designed for everyday living.

At $1,000/sqft, this home is priced 154% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4514 Spanish Oak Trl, Austin, TX 78731

Property Details

Price $4,995,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 4,993 sqft
Lot Size 0.43 acres (18,743.87 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Balcones Park 01
County Travis
Zip Code 78731
$/sqft $1,000/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $32,215.87
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT246139174
List Date September 9, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
5307 Tortuga Trl
Mount Bonnell Shores
$4,850,000 $1,257 4 bd / 6 ba 3,858 sqft , 2026-07-15
3604 Westlake Dr
Westview On Lake Austin Ph A A
$5,400,000 $951 5 bd / 5 ba 5,679 sqft , 2026-09-01
3418 Mount Bonnell Cir
Balcones Park Sec 08
$5,800,000 $1,360 4 bd / 4 ba 4,266 sqft , 2026-08-19
5605 CREEK MOUNTAIN None
Stoneledge 01
$3,995,000 $710 5 bd / 7 ba 5,624 sqft , 2026-08-21
4301 Balcones Dr
Balcones Park Add Sec 02
$3,400,000 $702 4 bd / 4 ba 4,841 sqft , 2026-04-23

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$23,976/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$999,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$23,976
Principal + Interest−$27,260
Property Tax (~2.1% TX avg)−$8,741
Insurance (~0.5%)−$2,081
Est. Monthly Cash Flow $-14,106

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 20, 2026.

📞 (254) 718-2567 [email protected] More about Luke →