1303 Falcon Cove

Austin, TX 78745

$399,000
Price
5
Beds
1,584 Sq. Ft.
$252 / Sq. Ft.
1,584
Sq. Ft.
$252
per Sq. Ft.
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Description

DOUBLE OPPORTUNITY: Great Duplex or Lot for Double Million Dollar Home Build (HUGE LOT)
Nestled in one of South Austin’s most sought-after and rapidly evolving neighborhoods, this property offers a rare opportunity to own in the heart of a vibrant, high-growth area. Surrounded by modern new construction—where builders are transforming lots into stylish two-unit residences—this property sits right in the path of progress. Currently configured as a duplex, the home provides immediate income potential...DOUBLE OPPORTUNITY: Great Duplex or Lot for Double Million Dollar Home Build (HUGE LOT)

Nestled in one of South Austin’s most sought-after and rapidly evolving neighborhoods, this property offers a rare opportunity to own in the heart of a vibrant, high-growth area. Surrounded by modern new construction—where builders are transforming lots into stylish two-unit residences—this property sits right in the path of progress. Currently configured as a duplex, the home provides immediate income potential or flexibility for multi-generational living. With the right vision, it can be thoughtfully remodeled to maximize value, updated for today’s lifestyle, or reimagined to align with the surrounding trend of contemporary new builds. The lot itself is a standout feature—offering ample space and positioning ideal for redevelopment or expansion. Whether you’re an investor, builder, or homeowner looking to create something special, the possibilities here are wide open. Located just minutes from South Austin’s best dining, live music, parks, and local hotspots, this property blends urban convenience with neighborhood charm. Opportunities like this—where location, flexibility, and upside all come together—don’t come around often.
  1. Listed by Bryan Webb • TREC #0515234 • Webb Real Estate LLC
    P: (512)-415-7379 C: (512)-415-7379 bryantxre@gmail.com

Property Details for 1303 Falcon Cove

Subdivision Name
Glenwood Square
Waterfront
No
Waterfront Description
None
Water Access Description
Public
View
None
View YN
No
Pets Allowed
Yes
Parcel Number
04121004310000
LISTING UPDATED: 04/25/2026 04:01 AM

Property Details for 1303 Falcon Cove

StatusActive
MLS #6361594
Days on Market9
Taxes$9,637 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1971
Lot Size0.25 AC / 10,798 SF
CountyTravis County
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Location

Listing Courtesy of Webb Real Estate LLC, Bryan Webb, TREC #0515234
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Building Information for 1303 Falcon Cove

Stories1Residences2Year Built1971Building Size-Lot Size0.25 AC / 10,798 SF

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$2,812 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,009

Property Taxes

$803

HOA Dues

$0

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Property Information for 1303 Falcon Cove

General Information
Parking
  • Parking Features: Off Street, Outside
Interior
  • Interior Features: Ceiling Fan(s), High Speed Internet, No Interior Steps
  • Flooring: Carpet Free, Laminate, See Remarks
  • Other Equipment: None
  • Appliances: Dishwasher, Free Standing Range, Refrigerator, See Remarks
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Inside, LaundryCloset
  • Restrictions: NoRestrictions
Exterior
  • Exterior Features: None
  • Construction Materials: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Composition, Shingle
  • Fencing: None
  • Direction Faces: North
  • Window Features: None
  • Accessibility Features: None
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Cul De Sac, Level, Pie Shaped Lot, Few Trees
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating YN: Yes
  • Heating: Ceiling, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Underground Utilities
  • Owner Pays: None
Unit Information
Unit 1
  • UnitNum: B
  • BedsTotal: 2
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: A
  • BedsTotal: 3
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit Information
  • Number Of Units Total: 2
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $470,891
  • Tax Year: 2025
  • Tax Rate: 1.90%
Showing Information
Showing Information
  • Security Features: None
  • Directions: From Ben White, go South on Banister, right on Richmond, left on Falcon Cove. Duplex in right corner of Cul-de-Sac.

Property History for 1303 Falcon Cove

DateEvent & SourcePriceAppreciation
Apr 24, 2026

Listed (Active)

ACTRIS #6361594

$399,000—
DateEvent & SourcePrice
04/24/2026

Listed (Active)

ACTRIS #6361594

$399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1303 Falcon Cove

Taxable ValueLand$364,804Additions$106,087Total$470,891
Tax Record2024$10,276 ($856 / month)
Home Facts
Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStories1Lot Size10,799 SqFtStyleDuplexYear Built1971CountyTRAVISAPN04121004310000

Schools near 1303 Falcon Cove

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Joslin Elementary School
Public - PK to 5
Covington Middle School
Public - 6 to 8
Crockett High School
Public - 9 to 12
Richards School For Young Women Leaders
Public - 6 to 12
Rating
School
Distance
Joslin Elementary School
PublicPK to 5

Covington Middle School
Public6 to 8

Crockett High School
Public9 to 12

Richards School For Young Women Leaders
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1303 Falcon Cove, Austin, TX 78745

1303 Falcon Cove is a multi-family home for sale in Austin, TX 78745. This property was listed for sale on April 24, 2026 by Webb Real Estate LLC, it's currently listed at $399,000. This listing's school district is Austin Independent School District. Nearby schools include Joslin Elementary School, Covington Middle School and Crockett High School. 1303 Falcon Cove is a 5-bed, 2-bath, 1,584 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Webb Real Estate LLC, Bryan Webb, TREC #0515234

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.