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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Falkenstein Castle — Burnet, Texas
Inspired by the romantic castles of Bavaria and nestled atop 110 acres in the Texas Hill Country, Falkenstein Castle is a breathtaking private estate and architectural masterpiece. This distinct 14,000+/- sqft stone castle features 7 bedrooms, 4 full and 4 half baths, 6 charming tiny homes, and an additional apartment above a maintenance garage—offering versatility for a luxury residence, event venue, or exceptional investment.
With panoramic hilltop views of the Highland Lakes, unmatched privacy, and timeless European design, Falkenstein Castle is one of Texas’ most iconic properties and a rare opportunity to own the crown jewel of the Texas Hill Country.
Property Type
Residential
Year Built
1998
Lot Size
110.00 acres
$/Sq Ft
$643
Garage
100 spaces
Listed by Horseshoe Bay Living 2, LLC
Verified property facts
7400 Park Road 4 S is listed at $9,000,000 with 7 bedrooms, 4 full, 4 half bathrooms, 14,000 square feet, 110.00-acre lot. This places it above the 78611 median of $316,220.
7400 Park Road 4 S is zoned for BurnetCONSISD with assigned schools: RJ Richey (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.
7400 Park Road 4 S is a Residential built in 1998 featuring 7 bedrooms, 4 full, 4 half bathrooms, 14,000 square feet, 110.00-acre lot.
7400 Park Road 4 S 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 7400 Park Road 4 S is $38,938. 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
Listing timeline with current price, original ask, and market time.
BurnetCONSISD
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.
20% ($1.8M)
$9,000,000
Luxury property intelligence
A sourced read on Burnet Cnty Reg pricing, timing, and property scale. No automated valuation claim.
List price
$9,000,000
Price per sqft
$643/sqft
Vs. Burnet Cnty Reg median
Not available
Days on market
382 days
Original to current
$6M reduction
$15M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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
With 20% down ($1,800,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7400 Park Road 4 S is around $49,944 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $9,000,000, 7400 Park Road 4 S is in the Burnet Cnty Reg market where there are currently 150 active listings in 78611.
7400 Park Road 4 S sits on a 110.00-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$15,000,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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