Set on an exceptional .40-acre corner lot along one of Lost Creek’s most coveted, low-traffic streets, 1603 Falcon Ledge is a designer-owned residence where thoughtful renovation, elevated finishes and effortless livability come together beautifully. Originally built in 1984, the home underwent such an extensive renovation in 2018 that State Farm recognizes it as a 2018 build, reflecting the remarkable scope of the transformation. Every detail was carefully considered, from distinctive tile selections and polished nickel sconces to custom cabinetry and beautifully curated finishes throughout. The home offers generous living areas, dining spaces and an open-concept kitchen and family room that flow seamlessly to the backyard. Expansive windows fill the interiors with natural light, while a main-level office offers floor plan flexibility. At the heart of the home, the gourmet kitchen pairs style with serious functionality. A commercial-style ZLINE range includes 6 gas burners, a griddle and dual ovens, complemented by a built-in Thermador refrigerator, wine refrigerator and microwave drawer. Soft-close cabinetry, abundant storage and thoughtfully planned workspaces make the kitchen ideal for both cooking and entertaining. A grand staircase leads upstairs to 4 spacious bedrooms and 3 full baths. One guest suite enjoys a private bath. The owner’s suite is a true retreat with tall ceilings, abundant natural light and an oversized covered balcony. The spa-inspired bath features dual vanities and a freestanding soaking tub. Outside, the large corner lot has been enhanced with new sod and wrought-iron fencing, creating the perfect backyard for pets, play and entertaining. Lost Creek residents enjoy convenient access to parks, green spaces, trails, outdoor recreation and Westlake Country Club, while Loop 360 provides easy connectivity to downtown Austin, Barton Creek and Westlake shopping and dining. Zoned to Eanes ISD schools: Forest Trail, West Ridge and Westlake High.
Active
$2,150,000
1603 Falcon Ledge Dr, Austin, TX 78746
4beds
3,554sqft
Single Family Residence
Built in 1984
0.39 Acres Lot
$-- Zestimate®
$605/sqft
$7/mo HOA
What's special
Oversized covered balconyDining spacesGrand staircaseThoughtfully planned workspacesAbundant storageGourmet kitchenMicrowave drawer
- 35 days
- 1,560
- 141
Zillow last checked:
Listing updated:
Listed by:
Heather Hudson (512) 431-2120,
Compass RE Texas, LLC (512) 575-3644,
Jessica Mann (512) 906-9204,
Compass RE Texas, LLC
Source: Unlock MLS,MLS#: 2882816
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave, Range
Features
- Ceiling Fan(s), High Ceilings, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Pantry, Wet Bar
- Flooring: Carpet, Tile, Wood
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total interior livable area: 3,554 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Faces Front
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch, Side Porch
- Exterior features: Balcony, Gutters Full, Lighting
- Pool features: None
- Spa features: None
- Fencing: Back Yard, Wood, Wrought Iron
- Has view: Yes
- View description: Hill Country
- Waterfront features: None
Lot
- Size: 0.39 Acres
- Features: Corner Lot, Sprinkler - Automatic, Views
Details
- Additional structures: None
- Parcel number: 01132805030000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Golf, Park, Playground, Sidewalks, Tennis Court(s)
- Subdivision: Lost Creek Sec 03-A
HOA
- Has HOA: Yes
- Services included: See Remarks
- HOA fee: $80 annually
- HOA name: LCNA
Location
- Region: Austin
Financial & listing details
- Price per square foot: $605/sqft
- Tax assessed value: $1,395,912
- Annual tax amount: $13,425
- Date on market: 9/9/2026
- Listing terms: Cash,Conventional,FHA,Texas Vet
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $2,150,000+0%$605/sqft |
Source: | ||
| 9/13/2021 | Listing removed | -- |
Source: | ||
| 6/23/2021 | Price change | $2,149,000+13.4%$605/sqft |
Source: | ||
| 6/11/2021 | Listed for sale | $1,895,000$533/sqft |
Source: | ||
| 5/4/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,425 -24.2% | $1,395,912 +6.8% |
| 2024 | $17,722 +8% | $1,307,611 +10% |
| 2023 | $16,416 -7.2% | $1,188,737 +10% |
| 2022 | $17,696 | $1,080,670 +10% |
| 2021 | -- | $982,427 +8.4% |
| 2020 | $19,042 +19.4% | $906,300 +14.8% |
| 2019 | $15,948 +35.3% | $789,800 +7% |
| 2018 | $11,788 | $738,135 0% |
| 2017 | $11,788 +32.1% | $738,410 +10% |
| 2016 | $8,923 | $671,282 +10% |
| 2015 | $8,923 | $610,256 +10% |
| 2014 | $8,923 | $554,778 +4.5% |
| 2013 | -- | $530,785 +10% |
| 2012 | -- | $482,532 +0.5% |
| 2011 | -- | $480,140 +5.2% |
| 2010 | -- | $456,217 |
| 2009 | -- | $456,217 +3.4% |
| 2008 | -- | $441,010 +10% |
| 2007 | -- | $400,918 +2.5% |
| 2006 | -- | $391,104 +10% |
| 2005 | -- | $355,549 -2.5% |
| 2002 | $8,004 | $364,684 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78746
Nearby schools
Schools provided by the listing agent
- Elementary: Forest Trail
- Middle: West Ridge
- High: Westlake
- District: Eanes ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





