Balcones Woods is a lovely tree-lined neighborhood located in north Austin, off Duval Road near Hwy. 183. I once heard a homeowner describe her neighborhood as "a bubble". What she was referring to was the wonderful close-knit attitude of the neighbors there.
There is a pretty strong neighborhood association that keeps all the properties looking well, and an architectual committee that works to uphold the uniformity and quality of improvements. Part of what makes this neighborhood wonderful is a neighborhood park complete with a swimming pool. Neighborhood children can participate on the neighborhood swim-team.
The webpage for the Balcones neighborhood is http://www.balconeswoods.org/.
This community is part of Austin ISD, and feeds into Davis Elementary, Murchison Middle, and Anderson High schools.