
3 bed, 2 bath, 2,170 sqft on 0.32 acres in Castlewood Forest Sec 07. Austin, TX 78748. $545,900. Austin ISD.
**OPEN HOUSE Saturday 9/26 1pm-3pm** Set beneath the mature canopy of Castlewood Forest, 2406 Lancaster offers the kind of South Austin setting that is increasingly hard to replicate: an established neighborhood, a generous .3157-acre lot, and a turnkey home with the space and flexibility to settle in and make your own. Inside, 2,160 square feet of conditioned living space includes 3 bedrooms, 2.5 baths, a 2-car garage, and a spacious conditioned sunroom overlooking an incredibly private backyard. With abundant natural light and views into the mature landscape, the sunroom feels like a true extension of the living space and an easy place to gather, work, read, or simply enjoy the quiet. The owner has thoughtfully prepared the property for market, making this a rare move-in-ready opportunity at an incredibly advantageous entry point into Castlewood Forest, where homes have sold into the high $900Ks. Just beyond the neighborhood, South Menchaca has become one of South Austin's favorite local destinations, with Lulu's, Armadillo Den, Moontower Saloon, The Hive, Sam's Town Point, Bouldin Acres, coffee, food trucks, patios, pickleball, and live music nearby: big trees, privacy, wide walkable streets, a 5- to 10-minute drive from public hiking trails, including the sculpture walk, and unmistakably South Austin.
Verified property facts
2406 Lancaster DR is listed at $545,900 with 3 bedrooms, 2 full, 1 half bathrooms, 2,170 square feet, 0.32-acre lot. This places it above the ZIP 78748 single-family closed-sale median price of $415,000 (ZIP 78748 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 27, 2026).
2406 Lancaster DR is zoned for Austin ISD with assigned schools: Cowan (elementary), Bailey (middle), Akins (high). School assignments should be verified directly with the district.
2406 Lancaster DR is a Residential built in 1975 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,170 square feet, 0.32-acre lot.
2406 Lancaster DR is listed by eXp Realty, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 27, 2026.
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1 record on file
Every recorded listing, sale, and lease at 2406 Lancaster 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 |
|---|---|---|---|---|
2025-7.3% | — | $587,354 | — | — |
2024+4.7% | — | $633,330 | $275,000 | $349,420 |
2023+53.7% | — | $604,641 | $275,000 | $358,330 |
2022 | — | $393,397 | $275,000 | $329,641 |

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% ($109K)
Adjustable assumption - not a lending recommendation.
$545,900
Luxury property intelligence
A sourced read on Castlewood Forest Sec 07 pricing, timing, and property scale. No automated valuation claim.
List price
$545,900
Price per sqft
$252/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
11 days
Original to current
No verified reduction
$545.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 27, 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
This page does not assume a mortgage rate or publish a monthly payment for 2406 Lancaster DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 27, 2026, 2406 Lancaster DR is offered at $545,900. The current MLS snapshot shows 127 active listings in 78748. Keenan Group has completed 35 verified transactions in 78748 within its 1,000+ completed transactions and $1B+ career volume across Austin.
2406 Lancaster DR was built in 1975 (51 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.
6 events on record
Current Price
$545,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.3% | — | $587,354 | — | — |
2024+4.7% | — | $633,330 | $275,000 | $349,420 |
2023+53.7% | — | $604,641 | $275,000 | $358,330 |
2022 | — | $393,397 | $275,000 | $329,641 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 9716 Alex LN | $520K |
| 3101 Lynnbrook DR | $550K |
| 2605 Bolton ST | $525K |
| 1834 Friars Tale Ln | $310K |
| 1423 Wheatfall Ln | $325K |
| 3101 Lynnbrook Dr | $399K |
| 10024 Milla Cir Unit #17 | $290K |
| 7407 Merrick Dr | $350K |
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