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$575,000

2101 Falcon Hill Dr, Austin, TX, 78745

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345.14 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size12,266 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04131601120000
Lot Number12
SubdivisionCherry Creek Ii
Land UseResidential
Legal DescriptionLOT 12 BLK C CHERRY CREEK II
Census Tract030400
Assessed Land Value$319,749
Assessed Improvement Value$161,084
Assessment Year2025

About this property

Beautifully remodeled corner-lot home in highly sought-after Cherry Creek offering the perfect blend of thoughtful updates, warm modern finishes, and an unbeatable South Austin lifestyle. Minutes from South Lamar, South Congress, Menchaca, and Sunset Valley shopping and dining, the location places some of Austin’s favorite restaurants, entertainment, and everyday conveniences within easy reach. Inside, hardwood floors, porcelain tile, quartz countertops, stainless steel appliances, and abundant natural light create a bright, inviting feel throughout. A flexible formal dining area works beautifully as an office or second living space, while the spacious living room features a charcoal-painted brick fireplace with built-in shelving, dual ceiling fans, a striking white beam detail, and a wall of windows overlooking the backyard and Garrison Park views beyond. The private primary suite includes a custom walk-in closet and a beautifully designed bath with dual vanities, a large walk-in shower, floor-to-ceiling cabinetry, and thoughtful built-in storage. Secondary bedrooms feature custom closets and updated ceiling fans. Outside, mature live oak trees frame a large patio and expansive backyard ideal for relaxing or entertaining, while the corner lot provides rare extra parking and added privacy.

Investor Tools

Property Icon
$591,000
Estimated Property Value
$459,920Estimated Mortgage Balance
$177,449Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,546 /month
Positive
Cash Flow Estimate:
$1,182 /month

Interested in this property?

Khani Zulu

Christies Intl Real Estate Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,085/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,060
$480,833
2025
$319,749
$161,084
$480,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,060
$480,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Western Trust Bank
Conventional
$459,920
No
First
Feb 22, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$413,551
$177,449
30%
70%
$2,758/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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2101 Falcon Hill Dr | Property Details | No Agent List