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$550,000
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Welcome to 2203 Falcon Hill Dr, a light-filled 3-bedroom, 2-bath home where thoughtful updates, flexible living spaces, and an unbeatable South Austin location come together seamlessly. Designed for both everyday comfort and easy entertaining, the home features two distinct living areas, one ideal as a cozy library with built-in bookcases, a home office, or a formal dining space, and the other serving as the main gathering area. New French doors create an effortless indoor-outdoor flow, opening to an expansive backyard with mature landscaping, a sprinkler system, and no rear neighbors, just peaceful greenbelt access and a walking trail directly behind the home. Whether you’re tending the garden, entertaining friends, or enjoying a quiet sunset, the backyard is truly a highlight.
Fresh interior paint, new doors, updated light fixtures, and energy-efficient windows give the home a bright, refreshed feel throughout. The kitchen stands out with painted cabinetry, new hardware, a stylish backsplash, and a layout that’s perfect for hosting. Added peace of mind comes from practical upgrades including a UV light in the HVAC system for improved air quality, garage door openers, and an electrical panel replaced in 2022.
Located directly across from Garrison Park and within walking distance to Jo's Coffee and Golden Hour, this home offers easy access to South Lamar, downtown Austin, and local favorites like Zilker and Barton Springs. Close to Westgate Shopping Center and Whole Foods Market, the location blends neighborhood charm with everyday convenience, making it easy to feel right at home.
Property Type
Residential
Year Built
1968
Lot Size
0.18 acres
$/Sq Ft
$390
Garage
4 spaces
Listed by Christie's Int'l Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
2203 Falcon Hill Dr is listed at $550,000 with 3 bedrooms, 2 full bathrooms, 1,412 square feet, 0.18-acre lot. This places it above the 78745 median of $479,000.
2203 Falcon Hill Dr is zoned for Austin ISD with assigned schools: Sunset Valley (8/10) (elementary), Covington (6/10) (middle), Crockett (high). School assignments should be verified directly with the district.
2203 Falcon Hill Dr is a Residential built in 1968 featuring 3 bedrooms, 2 full bathrooms, 1,412 square feet, 0.18-acre lot.
2203 Falcon Hill 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 2203 Falcon Hill Dr is $6,955. 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
Pending 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 |
|---|---|---|---|---|
2025-23.2% | — | $447,977 | — | — |
2024-19.6% | — | $583,664 | $300,000 | $165,637 |
2023+58.5% | — | $726,348 | $375,000 | $208,664 |
2022+31.4% | — | $458,263 | $375,000 | $351,348 |
2021 | — | $348,785 | $175,000 | $283,263 |

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 Cherry Creek 02 pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
$390/sqft
Vs. Cherry Creek 02 median
Not available
Days on market
102 days
Original to current
No verified reduction
$550K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Mar 29, 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 2203 Falcon Hill Dr is around $3,433 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $550,000, 2203 Falcon Hill Dr is in the Cherry Creek 02 market where there are currently 169 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
2203 Falcon Hill Dr was built in 1968 (58 years ago). Buyers should budget for potential updates to major systems.
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 |
|---|---|---|---|---|
2025-23.2% | — | $447,977 | — | — |
2024-19.6% | — | $583,664 | $300,000 | $165,637 |
2023+58.5% | — | $726,348 | $375,000 | $208,664 |
2022+31.4% | — | $458,263 | $375,000 | $351,348 |
2021 | — | $348,785 | $175,000 | $283,263 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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