
Charming single-story 4-bedroom, 2-bath home in the heart of Lakeway with a spacious, private fenced backyard! The open-concept floor plan seamlessly connects the kitchen, living room, dining area, and backyard views, creating a bright, inviting space perfect for everyday living and entertaining. Enjoy casual meals at the breakfast bar or dining area, or host special occasions in the separate formal dining room.
The spacious living room features high ceilings and a cozy wood-burning fireplace, making it the perfect place to relax on cool evenings. With four bedrooms, there's room for everyone, and one bedroom easily functions as a home office.
Quality finishes throughout include high ceilings, wood and tile flooring, crown and base moldings, ceiling fans, and abundant natural light. The well-appointed kitchen offers stainless steel appliances, granite countertops, a large pantry, and ample cabinet space.
Step outside to a covered patio and extended deck overlooking a beautifully landscaped, fully fenced backyard complete with fruit and pecan trees, storage shed, and plenty of room for entertaining, gardening, pets, or play. A two-car garage provides additional convenience and storage.
Located just 2 miles from the heart of Lakeway in the acclaimed Lake Travis ISD, this home offers easy access to shopping, restaurants, golf, marinas, parks, hiking trails, and everything Lakeway has to offer. Low property tax rate adds even more value to this exceptional home!
Property Type
Residential
Year Built
2005
Lot Size
0.28 acres
$/Sq Ft
$272
HOA
$264/year
Garage
2 spaces
Listed by Keller Williams - Lake Travis
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
15204 Falcon DR is listed at $509,000 with 4 bedrooms, 2 full bathrooms, 1,873 square feet, 0.28-acre lot.
15204 Falcon DR is zoned for Lake Travis ISD with assigned schools: Lake Travis (elementary), Hudson Bend (middle), Lake Travis (high). School assignments should be verified directly with the district.
15204 Falcon DR is a Residential built in 2005 featuring 4 bedrooms, 2 full bathrooms, 1,873 square feet, 0.28-acre lot.
15204 Falcon DR is listed by Keller Williams - Lake Travis. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 15204 Falcon DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
6 records on file
Every recorded listing, sale, and lease at 15204 Falcon DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed 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 |
|---|---|---|---|---|
2025-15.7% | — | $522,048 | — | — |
2024-6.9% | — | $619,116 | $160,000 | $378,189 |
2023+66.7% | — | $664,836 | $160,000 | $459,116 |
2022 | — | $398,848 | $160,000 | $504,836 |

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% ($102K)
Adjustable assumption - not a lending recommendation.
$509,000
Luxury property intelligence
A sourced read on Cardinal Hills Unit 01 pricing, timing, and property scale. No automated valuation claim.
List price
$509,000
Price per sqft
$272/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
9 days
Original to current
No verified reduction
$509K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 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
As of Sep 5, 2026, 15204 Falcon DR is offered at $509,000. The current MLS snapshot shows 174 active listings in 78734. Keenan Group has completed 16 verified transactions in 78734 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing reports HOA or association dues of $264 annual for 15204 Falcon DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$509,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-15.7% | — | $522,048 | — | — |
2024-6.9% | — | $619,116 | $160,000 | $378,189 |
2023+66.7% | — | $664,836 | $160,000 | $459,116 |
2022 | — | $398,848 | $160,000 | $504,836 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Cardinal Hills Unit 01
Recent sales for market context