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Austin · Balcones Woods Sec 02

$600,000 66 days on market

11002 Alhambra Dr, Austin, TX 78759

  • 3bedrooms
  • 2bathrooms
  • 2,191sqft
  • 0.27acres
  • 1976year built

About this home

Welcome to Balcones Woods – a rare, charming neighborhood that can feel like the iconic Mayberry w/ golf carts. This bike-friendly enclave features a pool, clubhouse, expansive sports courts for tennis, pickleball, basketball, and volleyball, plus a playground to keep the whole family active. Many families are drawn here by the highly regarded BW Blue Wave summer swim team. It’s one of the few HOA communities in Austin proper where it feels safe for kids to walk & bike along the wide, tree-lined streets.
Tucked into a desirable pocket of the neighborhood, this home offers outstanding walkability to The Domain and Q2 Stadium. The area is poised home appreciation with Austin’s new UT Dell Medical Center (integrating MD Anderson Cancer Center) just south of Balcones Woods. Top-rated schools complete the picture, especially Anderson High School with its acclaimed IB program.
Balcones Woods was founded in 1976, and this is the first time this property has been on the market – a true generational opportunity. A creek borders the backyard, creating a privacy & buffer with green space & oversized trees. Note this portion of the neighborhood is in the FEMA 500-year floodplain mapping. Covered back patio & oversized backyard.

Currently a 3-bedroom home, the generous square footage & oversized rooms provide excellent potential to convert it into a 4+ bedroom residence. Much of the home remains in original condition and will be sold as-is. The seller requests a 60-day leaseback after closing.

Exciting renovation possibilities include expanding the vaulted ceilings into a modern open-concept kitchen & living area. The oversized garage could turn into a bedroom/bathroom suite or office. Be sure to explore the Matterport virtual tour for a detailed walkthrough of the layout/floorplan and plan for your make-ready or full remodel. This is a rare chance to be in a desired part of BW w/ tremendous upside in one of Austin’s most beloved family neighborhoods.

Property

Type
Single Family Residence
Levels
One
Year built
1976
Lot size
0.27 acres
Subdivision
Balcones Woods Sec 02
MLS #
ACT5050887

Inside

Bedrooms
3
Bathrooms
2
Living area
2,191 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Davis
High school
Anderson
District
Austin ISD

Costs

HOA
$173 / quarterly
Est. annual taxes
$13,000 (2025)

Listing

First listed
May 22, 2026
Days listed
66
Status
Active

Listed by Stephen Stephanian, ARCH Properties · [email protected] · MLS# ACT5050887 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

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