#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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
$/Sq Ft
$239
Listed by Webb Real Estate LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1303 Falcon CV is listed at $379,000 with 0 bedrooms, 1,584 square feet, 0.25-acre lot.
1303 Falcon CV is zoned for Austin ISD with assigned schools: Joslin (elementary), Covington (middle), Crockett (high). School assignments should be verified directly with the district.
1303 Falcon CV is a Residential Income built in 1971 featuring 0 bedrooms, 1,584 square feet, 0.25-acre lot.
1303 Falcon CV 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.
The most recent annual property tax for 1303 Falcon CV is $9,637. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Glenwood Square
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 |
|---|---|---|---|---|
2025-21.4% | — | $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 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.
20% ($76K)
$379,000
Luxury property intelligence
A sourced read on Glenwood Square pricing, timing, and property scale. No automated valuation claim.
List price
$379,000
Price per sqft
$239/sqft
Vs. Glenwood Square median
Not available
Days on market
59 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 Jun 22, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($75,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1303 Falcon CV is around $2,770 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $379,000, 1303 Falcon CV is in the Glenwood Square market where there are currently 176 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
1303 Falcon CV was built in 1971 (55 years ago). Buyers should budget for potential updates to major systems.
1303 Falcon CV 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.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| 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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Active listings near 1303 Falcon CV
Recent sales for market context
