Active Listing  ·  14 days on market

4514 Spanish Oak Trl

Austin, TX 78731
$4,725,000
5 Bed 4 Bath 4,993 sqft $946/sqft Built 2025 0.43 acres 2-Car Garage Pool New Construction Balcones Park 01

Exceptional new construction in Austin’s coveted Highland Park West neighborhood, offering nearly 5,000 square feet of living space on a .43-acre lot. Featuring five bedrooms, four full bathrooms, and a custom-designed swimming pool, this home combines timeless architecture, refined interiors, and indoor-outdoor living. Just minutes from Flo’s Wine Bar, Yamas, Mount Bonnell, neighborhood parks, shopping, and downtown Austin.

A collaboration between architect Jimmy Holland, interior designer Lindsey Hanna, and builder Daniel Madera, the home showcases craftsmanship, curated finishes, and a multi-level floor plan designed for privacy and flexibility.

The main level features a private primary suite and a secondary bedroom or home office with a full bathroom. Upstairs, two bedrooms share a connecting bathroom and an additional living area. The lower level offers an expansive second living room with panoramic slide-and-stack glass doors opening directly to the pool. A 550-square-foot flex space is ideal for a home gym, media room, or game room, while a private guest suite with a full bathroom and exterior pool access completes the space.

The beautifully appointed kitchen features soaring 13-foot ceilings, premium Thermador appliances, a pot filler, antique brass hardware, and a fully equipped butler’s pantry with a prep sink and second dishwasher. Warm oak flooring, Delta Millworks wood siding, and expansive Lincoln windows introduce natural light, rich texture, and architectural warmth throughout.

Designer Lindsey Hanna’s aesthetic is reflected in carefully selected finishes, including Carrara marble checkerboard flooring and handcrafted zellige shower tile in the primary bathroom. Thoughtful details create a cohesive design throughout. Set in one of Central Austin’s most desirable neighborhoods, this property offers a rare opportunity to enjoy custom new construction, architectural character, and generous indoor and outdoor living spaces.

At $946/sqft, this home is priced 143% above the Austin active market average of $390/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 $4,725,000
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 $946/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $32,215.87
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT251107837
List Date October 29, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Highland Park · Lamar (Austin ISD) · McCallum

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
3418 Mount Bonnell Cir
Balcones Park Sec 08
$4,800,000 $1,125 4 bd / 4 ba 4,266 sqft , 2026-08-19
5307 Tortuga Trl
Mount Bonnell Shores
$4,607,500 $1,194 4 bd / 6 ba 3,858 sqft , 2026-07-15
3604 Westlake Dr
Westview On Lake Austin Ph A A
$4,999,000 $880 5 bd / 5 ba 5,679 sqft , 2026-09-01
5605 CREEK MOUNTAIN None
Stoneledge 01
$3,550,000 $631 5 bd / 7 ba 5,624 sqft , 2026-08-21
3501 Balcones Dr
Colorado Foothills Sec 01 Amd
$3,495,000 $978 5 bd / 5 ba 3,575 sqft , 2026-10-19

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
$22,680/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
$945,000
20% conventional investment loan

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

Estimated Gross Rent+$22,680
Principal + Interest−$25,786
Property Tax (assumed ~2.1%)−$8,269
Insurance (assumed ~0.5%)−$1,969
Est. Monthly Cash Flow $-13,344

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 · 41 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. The written content was last updated on November 10, 2026.

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

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