This property has sold on March 27, 2026. Looking for something similar? Contact us or browse available homes.

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$550,000
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As the day winds down, golden light filters through mature oaks, casting dancing shadows on the warm stone façade of this beautifully updated retreat in sought-after Cardinal Hills. You arrive home to the gentle hush of nature—just minutes from Lakeway’s vibrant heart, yet peacefully removed. Step inside and feel the calming contrast of crisp white walls and sun-washed luxury vinyl plank floors underfoot. The dining room welcomes you with the glow of a modern chandelier against a backdrop of natural wood tones, setting the stage for lively dinners and quiet morning coffees alike. In the kitchen, veined quartz counters gleam beside sleek stainless appliances, while the oversized island invites you to linger over a glass of wine or prep a weekend brunch with ease. Picture windows frame backyard views, flooding the breakfast nook with soft daylight. The expansive primary suite whispers rest and relaxation with its moody tray ceiling, deep coral accent wall, and garden views. In the ensuite bath, a spa-sized shower with dual heads and frameless glass enclosure offers a daily ritual of indulgence. Step out back and inhale the scent of cedar and fresh-cut grass as you settle into your favorite chair on the shaded deck. With nearly a third of an acre, the level, fenced yard offers room to dream—whether that’s adding a pool, a garden, or simply enjoying the open space. Upstairs, a bonus room gives flexibility for a fourth bedroom, office, or media retreat. And beyond your doorstep, the lifestyle of Lakeway awaits—boating on Lake Travis, championship golf, tennis, hiking trails, upscale dining, and Hill Country sunsets just minutes away. Zoned to top-rated Lake Travis ISD, and just a short drive to the Hill Country Galleria and Baylor Scott & White Medical Center, this location seamlessly blends convenience with community. Homes with this level of updating at this price point are a rare find—15200 Falcon Drive is your chance to claim it.
Property Type
Residential
Year Built
2005
Lot Size
0.28 acres
$/Sq Ft
$269
HOA
$264/mo
Garage
2 spaces
Listed by eXp Realty, LLC
Verified property facts
15200 Falcon DR is listed at $550,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,045 square feet, 0.28-acre lot.
15200 Falcon DR is zoned for Lake Travis ISD with assigned schools: Lake Travis (8/10) (elementary), Hudson Bend (7/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
15200 Falcon DR is a Residential built in 2005 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,045 square feet, 0.28-acre lot.
15200 Falcon 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.
The most recent annual property tax for 15200 Falcon DR is $8,504. 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
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 |
|---|---|---|---|---|
2025-20.3% | — | $512,646 | — | — |
2024-7.0% | — | $642,931 | $160,000 | $396,628 |
2023+66.4% | — | $691,022 | $160,000 | $482,931 |
2022 | — | $415,390 | $160,000 | $531,022 |

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% ($110K)
$550,000
Luxury property intelligence
A sourced read on Cardinal Hills Unit 01 pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
$269/sqft
Vs. Cardinal Hills Unit 01 median
Not available
Days on market
Not available
Original to current
No verified reduction
$550K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($110,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 15200 Falcon DR is around $3,562 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $550,000, 15200 Falcon DR is in the Cardinal Hills Unit 01 market where there are currently 197 active listings in 78734. The Keenan Group has completed 16 transactions in 78734 as part of 1,000+ career sales totaling $1B+ across Austin.
15200 Falcon DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
15200 Falcon DR is part of a managed community with HOA dues of $264 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$550,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.3% | — | $512,646 | — | — |
2024-7.0% | — | $642,931 | $160,000 | $396,628 |
2023+66.4% | — | $691,022 | $160,000 | $482,931 |
2022 | — | $415,390 | $160,000 | $531,022 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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