#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
7 bed, 4 bath, 14,000 sqft on 110.00 acres in Burnet Cnty Reg. Burnet, TX 78611. $8,000,000. BurnetCONSISD.
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.
Verified property facts
7400 Park Road 4 is listed at $8,000,000 with 7 bedrooms, 4 full, 4 half bathrooms, 14,000 square feet, 110.00-acre lot. This places it above the ZIP 78611 single-family closed-sale median price of $314,830 (ZIP 78611 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
7400 Park Road 4 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 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 is listed by Horseshoe Bay Living 2, 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 25, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 7400 Park Road 4, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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% ($1.6M)
Adjustable assumption - not a lending recommendation.
$8,000,000
Luxury property intelligence
A sourced read on Burnet Cnty Reg pricing, timing, and property scale. No automated valuation claim.
List price
$8,000,000
Price per sqft
$571/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
498 days
Original to current
$7M reduction
$15M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 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
The most recent annual property tax for 7400 Park Road 4 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.
This page does not assume a mortgage rate or publish a monthly payment for 7400 Park Road 4. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 7400 Park Road 4 is offered at $8,000,000. The current MLS snapshot shows 165 active listings in 78611. Keenan Group has completed 1 verified transactions in 78611 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Current Price
$8,000,000
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.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Burnet Cnty Reg
Active listings near 7400 Park Road 4
