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15105 Falcon DR
About This Property
The dedicated office with elegant French doors offers a quiet space to work from home. The main floor primary suite provides a serene retreat, featuring dual vanities, a soaking tub with a frosted window for added privacy, a walk-in shower, and a spacious walk-in closet. Two additional well-sized bedrooms are located on the main floor, sharing another full bath for convenience.
Upstairs, you'll find a charming bedroom with vaulted, beamed ceilings, offering a peaceful space to unwind. The enclosed sunroom, complete with windows, serves as a versatile covered area, ideal for entertaining guests year-round.
Make your way outside into the spacious backyard, where mature landscaping creates a private oasis. Enjoy the outdoors under the pergola, or gather around the custom stone fire pit and bench for cozy evenings with loved ones. The front porch provides a welcoming entry, while the two-car garage offers ample storage.
With gorgeous curb appeal featuring native stone, this home is just minutes away from the recreation activities at Lake Travis, making it the perfect location for both relaxation and adventure. Don't miss out on this beautiful home in one of Austin's most desirable areas!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$599,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| May 28, 2025 | Price Decreased |
$613,342
↓ $26K
(4%) | |
| Price Decreased | |||
| May 1, 2025 | Listed by Keller Williams - Lake Travis | $639,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Versatile 3-Bedroom, 2-Bath home offers a unique blend of comfort and versatility, Single-Story Living with the Bonus of an Additional Large Second-Floor Living Space—perfect for an additional bedroom, 2nd home office, exercise studio, media room or whatever fits your lifestyle! The 1st-floor layout places the master bedroom on one side of the home, creating privacy, while two additional bedrooms are located on the opposite side. It also features a Dedicated Office Space w/French doors, cozy living room with Wood Burning Fireplace, and an incredible Enclosed Sunroom, where you can enjoy the beauty of the outdoors from the comfort of your home year-round.
Step outside to a large backyard oasis with a Patio, Pergola fitted with a 4K LED Compatible Home Theater Projector and 120” Motorized Screen, Stone Fire Pit and Bench—ideal for entertaining or relaxing. The spacious backyard provides plenty of space to unwind or play. The Stone Front Exterior, Wide Front Porch, and gleaming wood floors throughout add to the home’s appeal. Located just 2 miles from the heart of Lakeway, within the highly acclaimed Lake Travis School District, this home offers both privacy and convenience to local amenities, shops, and restaurants. Don’t miss your chance to make this one-of-a-kind property your own!
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| Apr 15, 2025 | Delisted | - | |
| Delisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017