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3 bed, 2 bath, 2,142 sqft on 0.37 acres in Lost Creek. Austin, TX 78746. Last listed at $1,175,000, sold May 12, 2023. Eanes ISD.
About This Home
MULTIPLE OFFERS RECEIVED & BACKUP IN PLACE. Welcome to Lost Creek, one of the hottest neighborhoods in Westlake and Eanes ISD. This home has an oversized yard, privacy and a pool! Nestled among several large groves of oaks is an oversized 0.374 acre lot featuring privacy and long distance views from the private balcony off the primary suite. Once in the home you are greeted by an large dining room and living room anchored by a Texas limestone fireplace. This vaulted space is filled with natural light and sliding doors lead to a sitting area overlooking the gorgeous pool. The kitchen and breakfast rooms are also flooded by natural light and a covered porch. The walls between the living/dining/kitchen can be opened up to create more of an open concept space and the ceiling in the kitchen can be raised to match neighboring ceilings. The main level also includes a half bath, large laundry room and tons of storage. Enjoy an attached 2-car garage with space for an additional refrigerator. Heading upstairs you find two guest rooms and a large guest bathroom. The primary suite is strategically located at the other end of the hall and features vaulted ceilings, a private balcony, built-in retractable exterior screens, a large closet and double vanity. Lost Creek features one of the area's best community play grounds and parks, miles of hiking trails and a recreational park with large field for kids. Parks also feature grills and the gazebos can be reserved for private parties. Lost Creek has a voluntary HOA but a very active community with a 4th of July parade and fireworks celebration, Easter egg Hunt and Carnival, Dads Club Chili Cook Off, Moms Club Socials, Garden Club and more! Take your golf cart down to a residents only entrance to Barton Creek Greenbelt. Lost Creek Country Club is known as a lifestyle club and members enjoy tennis, golf, swimming, restaurants and fitness. *Sq Ft per Floor Plan Graphics
Lost Creek is the neighborhood where Forest Trail Elementary parents have been walking their kids to school along the same shaded sidewalks for over 40 years, and many of them grew up doing the exact same thing. That kind of generational continuity is rare in Austin, a city that has reinvented itself several times during Lost Creek's existence. The neighborhood has held steady through all of it.
Lost Creek sits between Loop 360 and Barton Creek, just south of Bee Caves Road in West Austin. Downtown is a straight 15-minute shot east on Bee Caves Road to MoPac. The Barton Creek Square area is about eight minutes east, and Bee Cave's commercial district is five minutes west. The location threads a needle that is hard to find elsewhere. You are close enough to everything urban but surrounded by enough topography and tree cover that the city feels distant.
Housing spans about four decades, with most original homes built between the late 1970s and early 1990s. Texas Traditional architecture accounts for roughly 35 percent, with brick and stone exteriors and pitched rooflines. Ranch-style homes make up about 25 percent, and Mediterranean and Hill Country Contemporary each represent about 15 percent. Lot sizes range from a third of an acre to over an acre, with mature oak and pecan canopy throughout. Pricing runs from the high $700s for smaller unrenovated homes to over $3 million for updated estates on premium lots. The median transaction for a four-bedroom in good condition falls between $1.2 million and $1.8 million.
Eanes ISD is the anchor. Forest Trail Elementary serves Lost Creek directly and carries a decades-long reputation as one of the strongest elementary campuses in Central Texas. Students feed into Hill Country Middle and Westlake High, which competes at the highest levels in academics and UIL activities. Westlake's college placement record is among the best in the state. The Eanes tax base funds facilities and staffing ratios that most districts cannot match.
Mornings start with joggers heading to the Barton Creek Greenbelt, accessible from multiple trailheads nearby. Lost Creek Trail connects to Sculpture Falls, one of the most popular swimming holes on Barton Creek. Twin Falls is another favorite via a moderate hike from the eastern edge. The country club anchors social life with golf, tennis, swimming, and a dining room that serves as informal community gathering spot. County Line on the Hill is a longtime barbecue institution at the neighborhood's edge. Laurel Restaurant brings refined American cooking. The Grove on West 6th is a quick drive for patio dining. Lee's Kitchen handles casual weeknight meals, and Bob's Steak and Chop House covers the steakhouse occasions.
Lost Creek sits between higher-profile neighbors and benefits from the comparison. Rob Roy and Westlake Highlands to the east carry higher prices and more visible luxury signaling. Bee Cave's newer master-planned communities to the west offer updated homes but lack the tree cover and character. Lost Creek offers Eanes ISD at a lower entry point than Barton Creek or Rob Roy, with more personality than production communities further west.
Lost Creek is right for families who prioritize Eanes ISD, greenbelt access, and a mature tree-covered setting over new construction and resort amenities. The daily rhythm is school drop-off, trail run, work, evening walk, repeat. If you want a neighborhood where kids walk to elementary school and you can hike to a swimming hole the same morning, Lost Creek makes that possible. It is not trying to impress anyone, which is precisely what makes it impressive to the people who understand what they are looking at.
School District: Eanes ISD
View Lost Creek neighborhood guide- Property Type
- Residential
- Year Built
- 1981
- Lot Size
- 0.37 acres
- Price / Sq Ft
- $549
- HOA
- $60/year
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated May 12, 2023.
Listed by Compass RE Texas, LLC
MLS# 8193350 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Bookcases
- Ceiling Fan(s)
- Beamed Ceilings
- Vaulted Ceiling(s)
- Chandelier
- Laminate Counters
- Quartz Counters
- Double Vanity
- Interior Steps
- Multiple Dining Areas
- Pantry
- Recessed Lighting
- Smart Thermostat
- Walk-In Closet(s)
- Built-In Electric Oven
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Double Oven
- Carpet
- Tile
- Heating
- Central,Fireplace(s),Natural Gas,Zoned
- Cooling
- Ceiling Fan(s),Central Air,Zoned
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Lighting
- Private Yard
- Hardi
- Plank Type
- Stone
- Back Yard
- Corner Lot
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Wood
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.37 Acres
- Attached
- Concrete
- Door-Single
- Driveway
- Garage
- Inside Entrance
- Kitchen Level
- Garage Spaces
- 2
- Pool
- Yes
Financial
- HOA Fee
- $60 / year
- Original List Price
- $1,175,000
- Price per Sq Ft
- $549
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1404 Falcon Ledge DR, whoever represented it.
- SoldMay 12, 2023Listed at: $1,175,000MLS 8193350
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
- $1,175,000
- Original list
- $1,175,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 12, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,365,000
- Assessment Year
- 2025
- Year Built
- 1981
- Parcel ID
- 000000113712
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+19.6% | — | $1,365,000 | — | — |
2024+14.1% | — | $1,141,120 | $600,000 | $834,051 |
2023+46.1% | — | $1,000,000 | $525,000 | $616,120 |
2022 | — | $684,635 | $525,000 | $475,000 |
Virtual Tour

Zoned Schools
Westlake
West Ridge
Forest Trail
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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-04-25T02:51:50.833075+00:00; normalized from annual dues.
Illustrative down payment
20% ($235K)
Adjustable assumption - not a lending recommendation.
Home price
$1,175,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lost Creek pricing, timing, and property scale. No automated valuation claim.
List price
$1,175,000
Price per sqft
$549/sqft
Vs. Neighborhood guide reference price
-18.4%
$1.4M · Lost Creek neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.2M original
Active inventory context
9 listings
Price Position in Lost Creek
Listed 18% below the Lost Creek neighborhood guide reference price. Lost Creek neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Lost Creek Neighborhood Guide
Lifestyle, schools, market context, and homes in Lost Creek
Lost Creek Homes for Sale
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78746 ZIP Guide
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Eanes ISD Schools
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