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Keenan Group#1 Austin Board of Realtors Team 2024

$540,000

3Beds
2.5Baths
2,170Sq Ft
0.32 acresLot

2406 Lancaster Dr, Austin, TX 78748

Reduced 1%$545,900
Austin·MLS# 7539123·Built 1975·55 days on market

3 bed, 2 bath, 2,170 sqft on 0.32 acres in Austin. Austin, TX 78748. $540,000. Austin ISD.

About This Home

Two-story home with 3 bedrooms, 2.5 baths and a heated and cooled sunroom on a 0.316-acre lot in Castlewood Forest, South Austin. 2,170 square feet, attached 2-car garage, no HOA.

The sunroom sits at the back of the house with three walls of windows and wooded views over a fully fenced backyard shaded by trees more than 40 feet tall. It works as a second living area, a reading room or a home office.

Inside are 2 living areas, an open floor plan and a wood-burning fireplace in the family room. All 3 bedrooms are upstairs, with a walk-in closet and ceiling fans. The kitchen has Silestone counters, a free-standing range with self-cleaning oven, dishwasher, disposal and microwave. Floors are wood, tile, vinyl and carpet.

The big-ticket items are done and dated. Roof 2016. Trane HVAC, ducts and attic insulation 2017. Double-paned Energy Star windows with a lifetime warranty 2021. Insulated garage door and opener 2021. Fiberglass entry door with triple-pane glass 2018.

The yard is level and landscaped, wood fenced, with a storage shed and a gate wide enough for a riding mower. Parking for 4.

Austin ISD: Cowan Elementary, Bailey Middle, Akins High. Public hiking trails and the sculpture walk are a 5 to 10 minute drive. Menchaca Road restaurants, coffee, food trucks and live music are close by.

Central air conditioning, central electric heat, energy-efficient water heater, owned security system, public water and sewer. Cash, conventional, FHA and VA considered.

Property Type
Residential
Year Built
1975
Lot Size
0.32 acres
Price / Sq Ft
$249
Garage
2 spaces

Listing information last updated November 9, 2026.

Listed by eXp Realty, LLC

MLS# 7539123 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 0.32-acre lot
Built-in Features
Ceiling Fan(s)
Entrance Foyer
Multiple Living Areas

Facts & Features

Interior

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Entrance Foyer
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Walk-In Closet(s)

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Oven
  • Free-Standing Range
  • Self Cleaning Oven

Flooring

  • Carpet
  • Tile
  • Vinyl
  • Wood
Heating
Central,Electric
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Private Yard

Construction

  • Brick
  • Wood Siding

Lot Features

  • Back Yard
  • Landscaped
  • Level
  • Private
  • Trees-Large (Over 40 Ft)
  • Trees-Medium (20 Ft - 40 Ft)

Fencing

  • Fenced
  • Full
  • Wood

Foundation

  • Slab

Patio / Porch

  • Porch
Roof
Composition
Lot Size
0.32 Acres

Parking

  • Attached
  • Door-Single
  • Garage Faces Front
Garage Spaces
2
Financial
Original List Price
$545,900
Price per Sq Ft
$249
Utilities
  • Electricity Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 2406 Lancaster DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $540,000Original list: $545,900MLS 7539123
    1. Listed · September 16, 2026$545,900
    2. Price changed · October 22, 2026$540,000

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

Listed with current price, original ask, and market time.

View Timeline
Current list
$540,000
Original list
$545,900
Price movement
$5.9K reduction
Listed / DOM
Sep 16, 2026 · 55 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$587,354
Assessment Year
2025
Year Built
1975
Parcel ID
000000342079
$633K
$393K
$393,397
2022
$604,641
+53.7% from prev
2023
$633,330
+4.7% from prev
2024
$587,354
-7.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
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
5-Year Change49.3%

Virtual Tour

Virtual tour of 2406 Lancaster Dr
Map showing 2406 Lancaster DR
2406 Lancaster DR
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Akins

High SchoolGrades 9-12Zoned assignment

Bailey

Middle SchoolGrades 6-8Zoned assignment

Cowan

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$2,927

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($108K)

Adjustable assumption - not a lending recommendation.

Home price

$540,000

Loan: $432K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-05
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Luxury property intelligence

Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$540,000

Price per sqft

$249/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

55 days

Original to current

$5.9K reduction

$545.9K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Nov 9, 2026.

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Frequently Asked Questions

How much is 2406 Lancaster Dr?

2406 Lancaster Dr is listed at $540,000 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 $420,000 (ZIP 78748 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 10, 2026).

What school district is 2406 Lancaster Dr in?

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.

What are the property details for 2406 Lancaster Dr?

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.

What are the property taxes for 2406 Lancaster Dr?

The most recent annual property tax for 2406 Lancaster Dr is $11,279. 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.

How should a buyer estimate the monthly payment for 2406 Lancaster Dr?

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.

How does 2406 Lancaster Dr compare with other homes in Austin?

As of Nov 9, 2026, 2406 Lancaster Dr is offered at $540,000. The current MLS snapshot shows 115 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.

When was 2406 Lancaster Dr built?

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.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 11/9/2026, 11:01:01 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 11/9/2026, 11:01:01 AM

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