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$802,000

NAL Estimated Property Value

16017 Zagros Way, Austin, TX, 78738

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,096 Sq Ft
price_per_sqft$258.4 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Oven, Built In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBarbecue, Exterior Steps, Gas Grill, Outdoor Grill, Rain Gutters
Lot Size9,426 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01258001590000
Lot Number190
SubdivisionFalconhead West Phs 1 Sec 2 & Phs 2
Land UseResidential
Legal DescriptionLOT 190 BLK C FALCONHEAD WEST PHS 1 SEC 2 & PHS 2
Census Tract037000
Assessed Land Value$392,785
Assessed Improvement Value$300,572
Assessment Year2025

About this property

3-D Virtual Tour & Videos Loading Soon! Welcome to this exceptionally well -maintained family home in the sought after Falconhead community! Get ready to move into this spacious, 3,096 sqft, one-story, 4 bed/3.5 bath, open floor plan. Featuring solar panels for added savings, seller estimates their annual electric bill is approximately $400 per year! This home hosts a separate office, formal dining room, cozy breakfast nook, and game room/multi purpose room off the kitchen, this home has an abundance of natural light and is perfect for entertaining. There’s a large, inviting, covered patio with built-in kitchen (gas grill, sink, and more) overlooking a green, well-manicured lawn with hill country views. It’s the perfect yard for relaxing after a long day, playing with the kids or pets and maybe dreaming up your perfect pool oasis. This home is just a short drive to the Hill Country Galleria and located close to the amazing, award winning schools. Within walking distance to the 145 acre Falconhead West Primitive Park, a 3+ mile hiking/biking trail with scenic views. Fridge, washer & dryer negotiable. Low 1.9% tax rate, Pre-Inspected! Over 65 exemption will remain this year.

Investor Tools

Property Icon
$802,000
Estimated Property Value
$622,248Estimated Mortgage Balance
$182,139Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,812 /month
Positive
Cash Flow Estimate:
$1,604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,443
$693,357
2025
$392,785
$300,572
$693,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,443
$693,357

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$684,000
No
First
Jun 17, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$622,248
$162,752
20%
78%
$4,101/mo

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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