Located on an oversized .388-acre lot in one of Central Austin’s most sought-after neighborhoods, 4804 Balcones Drive presents a rare opportunity to reimagine a classic property in an exceptional location. This 3-bedroom, 2-bath home with two living areas and 2 dining areas offers a flexible layout and solid footprint, making it an ideal canvas for renovation, expansion, or a custom transformation. Complete with a basement and a full BBQ pit outside, this home provides great bones and a solid structure on a generous lot that provides ample room for future additions, outdoor living, or a complete redesign. Whether you’re a buyer with vision, an investor, or a builder, 4804 Balcones is perfectly suited for someone looking for a project in a premier setting. Surrounded by established homes, convenient to shopping, dining, and major thoroughfares, and located in a highly desirable pocket of Austin, the value here is truly in the potential. Opportunities like this — size, setting, and possibility — are increasingly rare on Balcones Drive. Bring your ideas and unlock what this property can become.