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$1,044,000

NAL Estimated Property Value

1302 Falcon Cv, Austin, TX, 78745

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$407.89 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBar Fridge, Built-In Refrigerator, Dishwasher, Free-Standing Gas Range, Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size7,383 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces1

Land Information

APN04121004340000
Lot Number15
SubdivisionGlenwood Square
Land UseResidential
Legal DescriptionLOT 15 GLENWOOD SQUARE
Census Tract002002
Assessed Land Value$305,741
Assessed Improvement Value$692,171
Assessment Year2025

About this property

Great floorplan in arguably the most popular pocket of 78745. Wonderful lot with plenty of room to roam or for a pool. Walkable distance to Radio coffee bar for a craft latte, El Chilito for some tasty tacos, and Joslin Neighborhood Park for a round of tennis or pickle ball. Sitting 10 minutes from downtown, 12 minutes from the airport, and three and half miles from the shops and restaurants in SoCo, it’s easy to see why this pocket of south Austin is so popular. This floorplan has it all with one bedroom and a full bath on the main level and a second living area at the top of the stairs on the second floor. The gourmet kitchen boasts a large island and all the designer finishes you would expect from a luxury home in south Austin. The downstairs living space is open to the kitchen and easy access to the covered back patio, perfect for barbecues with friends and family. When you walk upstairs, you’ll find another large living space with plenty of room to relax with family after a long day. You’ll love the private laundry room and spacious guest bedrooms and guest bath. The master bedroom is tucked away off of the second floor living room with a spa-like master bath boasting designer finishes, a freestanding tub, walk in shower, double vanity and extra large walk-in closet. The balcony off of the master bedroom is the perfect spot to enjoy your morning coffee or get some work done on your laptop before you head into the office! This layout is super efficient and there’s plenty of room for the whole family and any guests you have in town seeking the Austin Experience!

Investor Tools

Property Icon
$1,044,000
Estimated Property Value
$864,397Estimated Mortgage Balance
$180,470Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,014 /month
Positive
Cash Flow Estimate:
$2,338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,889/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,450
$997,912
2025
$305,741
$692,171
$997,912
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,450
$997,912

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nmsi Inc
Conventional
$872,000
No
First
Jul 29, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$864,397
$186,603
17%
83%
$5,370/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$5,370/mo
$-2,830/mo
2.9%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1302 Falcon Cv | Property Details | No Agent List