1506 Falcon Ledge Dr

2,285 Sq. Ft.
$722 / Sq. Ft.
2,285
Sq. Ft.
$722
per Sq. Ft.

Description

Beautiful one-story home in the coveted central Westlake neighborhood of Lost Creek. Located on one of the best streets in the neighborhood (low traffic) and situated on an expansive and flat 0.3 acre lot. Homeowners have undergone an extensive remodel, leaving no surface untouched, including fresh paint, lighting, appliances, hardware, engineered European white oak flooring, and designer touches offering a warm transitional backdrop for your personal style. Custom French doors lead you into an easy...Beautiful one-story home in the coveted central Westlake neighborhood of Lost Creek. Located on one of the best streets in the neighborhood (low traffic) and situated on an expansive and flat 0.3 acre lot. Homeowners have undergone an extensive remodel, leaving no surface untouched, including fresh paint, lighting, appliances, hardware, engineered European white oak flooring, and designer touches offering a warm transitional backdrop for your personal style. Custom French doors lead you into an easy flow, open-concept kitchen and living space, complete with a Thermador refrigerator, Thermador gas range, granite countertops and bar seating. Inviting living room with custom accordion sliding doors that completely open to the backyard to allow natural light into the home, seamlessly bringing the outdoors in. The primary suite renovations include a walk-in closet with custom cabinetry and a spa-inspired bathroom, with a luxurious soaking tub, dual vanities with soapstone countertops, and a walk-in shower. An ideal and easy-flowing home with space for formal entertaining and casual gatherings, plus a private and shaded backyard with plenty of room for a pool (inspiration attached), outdoor kitchen or even a home addition. New roof as of August 2022, along with refreshed ductwork and attic insulation to regulate temperature flow and increase comfort of the home and lower utility bills. Lost Creek offers a neighborhood park and close-in conveniences such as Barton Creek trail, Lost Creek Country Club and Omni Barton Creek Resort. Only minutes to many restaurants, Eanes schools, shopping, and downtown Austin.
  1. Listed by Leah Petri • TREC #0601755 • Brokerage DRE #480918 • Gottesman Residential R.E.
    P: (512)-239-9964 C: (512)-239-9964 Leah@gottesmanresidential.com

Property Details for 1506 Falcon Ledge Drive

Subdivision Name
Lost Creek Sec 03-A
Waterfront
No
Waterfront Description
None
Water Access Description
Municipal Utility District
View
Neighborhood, Trees/Woods
View YN
Yes
Parcel Number
113827
Tax Lot
12
LISTING UPDATED: 01/13/2023 01:41 PM

Property Details for 1506 Falcon Ledge Drive

StatusClosed
MLS #2350818
Days on Market59
Taxes$26,724 / year
HOA Fees$140 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1981
Lot Size0.32 AC / 13,982 SF
CountyTravis County

Location

Listing Courtesy of Gottesman Residential R.E., Leah Petri, TREC #0601755

Sold By Compass RE Texas, LLC, Mylie Alrich, TREC #0740592

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Building Information for 1506 Falcon Ledge Drive

Stories1Year Built1981Building Size-Lot Size0.32 AC / 13,982 SF

Payment Calculator

$10,276 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,037

Property Taxes

$2,227

HOA Dues

$12

The Payment Calculator is for illustrative purposes only.

Property Information for 1506 Falcon Ledge Drive

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 4
  • Parking Features: Attached, Garage Faces Front, Garage
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Granite Counters, High Ceilings, Kitchen Island, Main Level Master, No Interior Steps, Stone Counters
  • Flooring: Tile, Wood
  • Appliances: BuiltInRefrigerator, Dishwasher, Disposal, GasOven, GasRange, RangeHood, StainlessSteelAppliances
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Fireplace Features: Living Room
  • Laundry Features: LaundryRoom
  • Virtual Tour URL Unbranded: https://www.tourfactory.com/idxr2982372
  • Restrictions: SeeRemarks
Exterior
  • Exterior Features: Exterior Steps
  • New Construction: No
  • Construction Materials: Cement Siding, Masonry, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Fencing: Back Yard, Wood
  • Direction Faces: Southeast
  • Window Features: WindowTreatments
  • Accessibility Features: None
  • Community Features: Common Grounds/Area, Clubhouse, Golf, Playground, Park, Trails Paths
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Many Trees, Sprinklers Automatic
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer, Municipal Utility District
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Room Information
Room 1
  • Room Type: DiningRoom
  • Room Level: Main
  • Room Features: Chandelier
Room 2
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: CeilingFans, JackAndJillBath
Room 3
  • Room Type: PrimaryBathroom
  • Room Level: Main
  • Room Features: DoubleVanity, WalkInShower
Room 4
  • Room Type: PrimaryBedroom
  • Room Level: Main
  • Room Features: WalkInClosets
Room 5
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: BreakfastBar, KitchenFamilyRoomCombo, StoneCounters
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Lost Creek HOA
  • Association Fee Includes: SeeRemarks
  • Tax Assessed Value: $1,323,026
  • Additional Parcels: No
  • Tax Year: 2022
  • Tax Rate: 2.22%
Showing Information
Showing Information
  • Security Features: None
  • Directions: 360 to Lost Creek, Right onto Whitemarsh, 2nd Left onto Ben Crenshaw, Left on Falcon Ledge. Or from Bee Caves Rd head south on Knollwood, veer right onto Castle Ridge, at dead end take left onto Falcon Ledge, home on right after Ben Crenshaw.

Property History for 1506 Falcon Ledge Drive

DateEvent & SourcePriceAppreciationLink
Jan 13, 2023

Sold

ACTRIS #2350818

Dec 19, 2022

Pending

ACTRIS #2350818

Dec 18, 2022

Pending

ACTRIS #2350818

$1,495,000
Oct 22, 2022

Listed (Active)

ACTRIS #2350818

$1,649,000
Feb 28, 2018

Sold

ACTRIS #8804788

Jan 31, 2018

Pending

ACTRIS #8804788

$789,000
Jan 16, 2018

Listed (Active)

ACTRIS #8804788

$789,000
Sep 10, 2001

Sold

ACTRIS #601241

Aug 12, 2001

Pending

ACTRIS #601241

$318,000
Jul 30, 2001

Listed (Active)

ACTRIS #601241

$318,000
Jun 11, 2001

Withdrawn

ACTRIS #592867

$318,950
Jun 11, 2001

Listed (Active)

ACTRIS #592867

$318,950
Jun 10, 2001

Withdrawn

ACTRIS #592867

$318,950
Jun 10, 2001

Listed (Active)

ACTRIS #592867

$318,950
DateEvent & SourcePrice
01/13/2023

Sold

ACTRIS #2350818

12/19/2022

Pending

ACTRIS #2350818

12/18/2022

Pending

ACTRIS #2350818

$1,495,000
10/22/2022

Listed (Active)

ACTRIS #2350818

$1,649,000
02/28/2018

Sold

ACTRIS #8804788

01/31/2018

Pending

ACTRIS #8804788

$789,000
01/16/2018

Listed (Active)

ACTRIS #8804788

$789,000
09/10/2001

Sold

ACTRIS #601241

08/12/2001

Pending

ACTRIS #601241

$318,000
07/30/2001

Listed (Active)

ACTRIS #601241

$318,000
06/11/2001

Withdrawn

ACTRIS #592867

$318,950
06/11/2001

Listed (Active)

ACTRIS #592867

$318,950
06/10/2001

Withdrawn

ACTRIS #592867

$318,950
06/10/2001

Listed (Active)

ACTRIS #592867

$318,950

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

Public Records for 1506 Falcon Ledge Drive

Taxable ValueLand$574,805Additions$581,754Total$1,156,559
Tax Record2024$22,599 ($1,883 / month)
Home Facts
Beds4Total Finished SqFt2,285 SqFtAbove Grade Finished SqFt2,285 SqFtStories1Lot Size13,983 SqFtStyleSingle Family ResidenceYear Built1981CountyTRAVISAPN01132804120000Fireplace TypeHas Fireplace

Schools near 1506 Falcon Ledge Drive

This home is within Eanes Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Forest Trail Elementary School
PublicK to 5

West Ridge Middle School
Public6 to 8

Westlake High School
Public9 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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Listing Courtesy of Gottesman Residential R.E., Leah Petri, TREC #0601755

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.