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10101 Falcon Ridge DR
Austin, TX, 78733
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This Private Eanes Oasis is what you've been waiting for! Secluded and totally xeriscaped with native habitat plants, the tastefully updated indoors flows outside to the shaded stone patios and water features surrounded by nature on this 0.48 acre homesite. Lovingly cared for, the home and entire property have been a labor of love and it shows. Whether you’re enjoying the stone courtyard, the large screened in back porch, or the 92” projection screen in the family room, you’ll feel the relaxation that Lake Ridge Estates offers, not to mention low property taxes. The main level has a living and dining room as you enter, then a galley kitchen that opens to the family room and office-study as well as a secondary bedroom, full bath and utility room. Upstairs is the owner’s bedroom, another bedroom and a full bath with walk-in shower. Outside there are beautiful hill country views, a large workshop and greenhouse, as well as a storage building tucked in the back yard. It’s easy to show but please give the owner ample notice.
Property Type
Residential
Year Built
1979
Lot Size
0.48 acres
$/Sq Ft
$424
Garage
4 spaces
Listed by Berkshire Hathaway TX Realty
Verified property facts
10101 Falcon Ridge DR is listed at $879,000 with 3 bedrooms, 2 full bathrooms, 2,075 square feet, 0.48-acre lot.
10101 Falcon Ridge DR is zoned for Eanes ISD with assigned schools: Valley View (8/10) (elementary), West Ridge (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
10101 Falcon Ridge DR is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
10101 Falcon Ridge DR is a Residential built in 1979 featuring 3 bedrooms, 2 full bathrooms, 2,075 square feet, 0.48-acre lot.
10101 Falcon Ridge DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.6% | — | $784,517 | — | — |
2024+17.0% | — | $867,825 | $350,000 | $444,888 |
2023+72.9% | — | $741,897 | $350,000 | $517,825 |
2022 | — | $429,144 | $350,000 | $391,897 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($176K)
$879,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$879,000
Price per sqft
$424/sqft
Vs. Westlake Hills median
-62.6%
$2.4M median
Days on market
1,584 days
Original to current
No verified reduction
$879K original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 63% below the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
10101 Falcon Ridge DR is priced at $424 per square foot across 2,075 sqft. The Westlake Hills median list price is $2,351,000.
The most recent annual property tax for 10101 Falcon Ridge DR is $4,582. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($175,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 10101 Falcon Ridge DR is around $4,943 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $879,000, 10101 Falcon Ridge DR is in the Westlake Hills market where there are currently 27 active listings in 78733. The Keenan Group has completed 2 transactions in 78733 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
10101 Falcon Ridge DR was built in 1979 (47 years ago). Buyers should budget for potential updates to major systems.
10101 Falcon Ridge DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Westlake Hills is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78733 area. The Keenan Group has specialized in Westlake Hills real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$879,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.6% | — | $784,517 | — | — |
2024+17.0% | — | $867,825 | $350,000 | $444,888 |
2023+72.9% | — | $741,897 | $350,000 | $517,825 |
2022 | — | $429,144 | $350,000 | $391,897 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Westlake Hills is an incorporated city in Austin's 78746 ZIP code, five minutes west of downtown via Bee Caves Road. Eanes ISD - ranked #1 in Texas by Niche 2026 - draws most buyers. Median home price $2.4M, with estates from $1.2M updates to $10M+ hilltop compounds. Roughly 1,000 total homes sit on wooded lots averaging half an acre to two acres, spread across the hills south of the Colorado River. Lost Creek, Davenport Ranch, The Oaks, and Bee Caves Woods each have a different character - from 1970s ranches on established lots to new-build Hill Country Contemporary estates with 20-foot ceilings and limestone facades. The housing stock is in a generational transition. Original 1970s-80s ranch homes sell as teardowns at $1-2M for land alone, replaced by $3-8M contemporary builds. At any given time, 25-30 homes are actively listed. Inventory is tight, and a meaningful share of deals happen off-market through agent networks. What defines daily life here: morning coffee at Swedish Hill, school drop-off at Eanes Elementary or Bridge Point, a trail run at Wild Basin Preserve, and dinner at Sway or Las Palomas without crossing MoPac. This is a quiet neighborhood built around schools and outdoor access, not nightlife or walkable retail. The people who live here chose it for exactly that trade-off.
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