— bed, — bath, 1,584 sqft on 0.25 acres in Austin. Austin, TX 78745. $379,000. Austin ISD.
About This Home
DOUBLE OPPORTUNITY: Great Duplex or Lot for Double Million Dollar Home Build (HUGE LOT)
Nestled in one of South Austin’s most sought-after and rapidly evolving neighborhoods, this property offers a rare opportunity to own in the heart of a vibrant, high-growth area. Surrounded by modern new construction—where builders are transforming lots into stylish two-unit residences—this property sits right in the path of progress.
Currently configured as a duplex, the home provides immediate income potential or flexibility for multi-generational living. With the right vision, it can be thoughtfully remodeled to maximize value, updated for today’s lifestyle, or reimagined to align with the surrounding trend of contemporary new builds.
The lot itself is a standout feature—offering ample space and positioning ideal for redevelopment or expansion. Whether you’re an investor, builder, or homeowner looking to create something special, the possibilities here are wide open.
Located just minutes from South Austin’s best dining, live music, parks, and local hotspots, this property blends urban convenience with neighborhood charm. Opportunities like this—where location, flexibility, and upside all come together—don’t come around often.
- Property Type
- Residential Income
- Year Built
- 1971
- Lot Size
- 0.25 acres
- Price / Sq Ft
- $239
Listing information last updated November 9, 2026.
Listed by Webb Real Estate LLC
MLS# 6361594 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- High Speed Internet
- No Interior Steps
- Dishwasher
- Free-Standing Range
- Refrigerator
- Laminate
- No Carpet
- Heating
- Ceiling,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air
Exterior & Lot
- Frame
- Cul-De-Sac
- Few Trees
- Level
- Pie Shaped Lot
- Slab
- Roof
- Composition,Shingle
- Lot Size
- 0.25 Acres
- Off Street
- Outside
Financial
- Original List Price
- $399,000
- Price per Sq Ft
- $239
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Sewer Connected
- Underground Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1303 Falcon CV, whoever represented it.
- ActiveListed 2026Current price: $379,000Original list: $399,000MLS 6361594
- Listed · April 24, 2026$399,000
- Price changed · June 10, 2026$379,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $379,000
- Original list
- $399,000
- Price movement
- $20K reduction
- Listed / DOM
- Apr 24, 2026 · 200 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $470,891
- Assessment Year
- 2025
- Year Built
- 1971
- Parcel ID
- 000000316967
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-21.4% | — | $470,891 | — | — |
2024+0.2% | — | $598,754 | $450,000 | $130,129 |
2023+74.2% | — | $597,623 | $450,000 | $148,754 |
2022+0.0% | — | $343,131 | $450,000 | $147,623 |
2021 | — | $343,131 | $260,000 | $83,131 |
Zoned Schools
Crockett
Covington
Joslin
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($76K)
Adjustable assumption - not a lending recommendation.
Home price
$379,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$379,000
Price per sqft
$239/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
200 days
Original to current
$20K reduction
$399K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 9, 2026.
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