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$501,809

NAL Estimated Property Value

15212 Falcon Dr, Austin, TX, 78734

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,814 Sq Ft
price_per_sqft$204.47 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size12,001 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01416612030000
Lot Number59
SubdivisionCardinal Hills Unit 1
Land UseResidential
Legal DescriptionLOT 59 BLK E CARDINAL HILLS UNIT 1
Census Tract031500
Assessed Land Value$181,819
Assessed Improvement Value$319,990
Assessment Year2025

About this property

Highly sought after Lake Travis ISD in Canyons At Cardinal Hills located just off RR620 across from Lake Travis and just 4 miles to Mansfield Dam. Rare 3/2 former Reytex model home on corner lot, .2755 acres, 16x12 covered patio, park like setting with large Oak and Cedar trees, landscaped front. Many upgrades throughout include new roof, gutters, eaves in 2015, new HVAC in 2017, silestone counters, new fixtures, new microwave and dishwasher. Sprinkler system front and back. BY APPOINTMENT ONLY!Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$501,809
Estimated Property Value
$266,458Estimated Mortgage Balance
$235,907Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,011 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,748
$501,809
2025
$181,819
$319,990
$501,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,748
$501,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$302,400
No
First
Mar 3, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,458
$245,542
47%
53%
$1,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,078/mo
+$802/mo
6.9%

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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15212 Falcon Dr | Property Details | No Agent List