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$802,000

NAL Estimated Property Value

15109 Falconhead Grove Loop, Austin, TX, 78738

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,069 Sq Ft
price_per_sqft$276.96 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Range, Built In Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave, Stainless Steel Appliances, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Rain Gutters
Lot Size5,576 sqft

Building Information

Year Built2013
Stories2
Roof Type104
Garage Spaces2

Land Information

APN01237306060000
Lot Number11
SubdivisionSpillman Ranch Phs 1 Sec 9
Land UseResidential
Legal DescriptionLOT 11 BLK I SPILLMAN RANCH PHS 1 SEC 9
Census Tract037000
Assessed Land Value$224,952
Assessed Improvement Value$505,371
Assessment Year2025

About this property

**Second HOA: The Grove at Falconhead - $170/month ** Everything about 15109 Falconhead Grove Loop speaks to both style and function. In the kitchen, you’ll find the oversized island with microwave drawer and warming drawer and the brand-new professional gas range, as well as custom light fixtures in both the kitchen and dining rooms. The plantation shutters in front and shades at the back provide beauty and privacy. Many built-ins throughout the house, including in the study, game room, primary and secondary bedroom closets, and garage workshop mean that storage will not be an issue. Neither is guest parking, with extra spaces to the left and right of the house, and parking on Spillman Ranch just behind when hosting a party or Friday night tailgating. The house is well equipped for entertaining with a 5:1 surround sound system in the living room and a 7:1 system in the media room, which also boasts a high-end projector and screen. Both the game room and dining room are wired for speakers as well. In the back yard, you’ll find an extended patio for family gatherings under the beautiful large oak trees, and there are three rain barrels for water collection. The numerous neighborhood amenities are convenient to this home’s location. The Grove at Falconhead community pool and covered outdoor living space is right next door, with gate access from the backyard, and the community park and playground are just a short walk across the street from the backyard. The nature trails located throughout the neighborhood are perfect for morning walks with friends or evening strolls with family, and the acclaimed Falconhead Golf Course and driving range are just across the street. Tucked away in its own pocket of Falconhead, and with just a short walk to Lake Travis High School and proximity to shopping, restaurants, and other community features, this is the perfect lock-and-leave home.

Investor Tools

Property Icon
$802,000
Estimated Property Value
$496,826Estimated Mortgage Balance
$305,174Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$935/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,216
$730,323
2025
$224,952
$505,371
$730,323
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,216
$730,323

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Conventional
$540,000
No
First
Feb 24, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,826
$260,174
34%
62%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$3,363/mo
$-343/mo
4.5%

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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15109 Falconhead Grove Loop | Property Details | No Agent List