Market Overview for Balcones Terrace

There are 0 active listings in Balcones Terrace.

About Balcones Terrace

Balcones Terrace is an established neighborhood in Northwest Austin along the scenic Balcones Escarpment, located near the intersection of Anderson Lane and MoPac Boulevard (Loop 1). The area features the wooded, hilly terrain characteristic of the escarpment, with mature live oak trees and elevated lots that provide Hill Country views uncommon for a neighborhood this close to central Austin.

Homes in Balcones Terrace were built primarily in the 1970s through 1990s, with prices typically ranging from $450,000 to $750,000. The housing stock includes ranch-style homes, split-levels, and traditional two-story residences on wooded lots that are larger than typical Austin subdivisions. Many homes have been updated while retaining the neighborhood's mid-century and early-suburban character.

Balcones Terrace is served by the Austin Independent School District (Austin ISD). Students typically attend Highland Park Elementary, Lamar Middle School, and McCallum High School. The neighborhood's Northwest Austin location also provides access to private school options in the area.

MoPac Boulevard and Anderson Lane provide direct highway access, with downtown Austin approximately 12-15 minutes south via MoPac and The Domain approximately 10 minutes north. The Arboretum shopping area and Research Boulevard employers are within 5-10 minutes. The neighborhood's elevated, tree-covered setting creates a secluded feel despite the central location.

Living in Balcones Terrace

Balcones Terrace offers Hill Country terrain and mature tree cover in a Northwest Austin location just minutes from MoPac. Homes in the $450K-$750K range sit on wooded, hilly lots with the kind of natural character that flat-terrain developments cannot replicate — an appealing combination for buyers who want scenery without sacrificing commute times.

The Anderson Lane and MoPac intersection provides quick access to employment centers in every direction: downtown in 12-15 minutes, The Domain in 10, and the Research Boulevard tech corridor within 5-10 minutes. The neighborhood's interior streets wind through hilly terrain that discourages cut-through traffic and provides a quiet residential experience.

Things to Do in Balcones Terrace

• Balcones District Park: City of Austin park nearby with a swimming pool, tennis courts, playgrounds, and picnic areas — one of Northwest Austin's well-used community recreation spaces.
• Bull Creek Greenbelt: Popular Hill Country swimming hole and hiking area along Bull Creek, accessible from the neighborhood for nature walks and creek swimming.
• Arboretum at Great Hills: Shopping center within 10 minutes featuring 40+ stores, restaurants, and services.