Active Under Contract Multi-Family MLS# ACT6361594

1303 Falcon Cv

Austin, TX 78745

$379,000

About 1303 Falcon Cv

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.

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active Under Contract
Year built
1971
Stories
One
Living area
1,584 sqft
Price / sqft
$239
Lot
0.2479 AC / 10,798 SF
Original price
$399,000
MLS #
6361594

Interior

Features
Ceiling Fan(s), High Speed Internet, No Interior Steps
Appliances
Dishwasher, Free-Standing Range, Refrigerator
Flooring
Laminate, No Carpet
Heating
Ceiling, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Laundry
Inside,Laundry Closet

Exterior & lot

Roof
Composition, Shingle
Foundation
Slab
Lot
Cul-De-Sac, Few Trees, Level, Pie Shaped Lot
Parking
Off Street, Outside

Schools

District
Austin ISD
Elementary
Joslin
Middle
Covington
High
Crockett

Utilities

Utilities
Electricity Connected, High Speed Internet, Natural Gas Connected, Sewer Connected, Underground Utilities
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$9,637
Tax year
2025
Parcel
04121004310000
Legal
LOT 12 GLENWOOD SQUARE
Special conditions
Standard

Location

Subdivision
Glenwood Square
County
Travis
Directions
From Ben White, go South on Banister, right on Richmond, left on Falcon Cove. Duplex in right corner of Cul-de-Sac.

Location

Neighborhood
Glenwood Square

Ask about this property

Questions on 1303 Falcon Cv, or want to see it in person?

Listed by Bryan Webb, Webb Real Estate LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.