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$399,000
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Property 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 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.
Full Property Details
Full Property Details for 1303 Falcon Cove
General
- Price: $399,000
- Taxes: $9,636 (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 6361594
- Updated: 4/24/2026
- Added to Site: 35 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Speed Internet, No Interior Steps
- Appliances: Dishwasher, Free-Standing Range, Refrigerator, See Remarks
- Flooring: Carpet Free, Laminate, See Remarks
Rooms
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Shared Amenities: None
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: None
Parking
- Parking Features: Off Street, Outside
Location
- Area: 10N
- County: Travis
- Subdivision: Glenwood Square
- Driving Directions: From Ben White, go South on Banister, right on Richmond, left on Falcon Cove. Duplex in right corner of Cul-de-Sac.
- Direction Faces: North
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Joslin
- Middle School: Covington
- High School: Crockett
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Ceiling, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Underground Utilities
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Roof: Composition, Shingle
- Windows: None
- Stories/Levels: 1
- Square Feet: 1,584
- Sq. Ft. Source: Public Records
- Living Area: 1,584 Sq. Ft.
- Year Built: 1971
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2479
- Lot Size (Sq. Ft.): 10,798.52
- Lot Features: Cul-De-Sac, Level, Pie Shaped Lot, Few Trees
- Fencing (Description): None
Financial Considerations
- Assessment Amount: $470,891
- Tax Amount: $9,636.71
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 12 GLENWOOD SQUARE
- Disclosures/Reports: See Remarks
- Property ID: 4121004310000
- Lot Number: 12
Listed by Webb Real Estate LLC
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Schools
Schools serving 1303 Falcon Cove
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Joslin Elementary School 4500 Manchaca Rd, Austin, TX 78745 | K-5 | 0.8 mi |
Covington Middle School 3700 Convict Hill Road, Austin, TX 78749 | 6-8 | 3.2 mi |
Crockett High School, Austin, TX 5601 Menchaca Road, Austin, TX 78745 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1303 Falcon Cove
Date
Details
Price
Change
Source
4/24/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1303 Falcon Cove
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,281
-19%
$470,891
-19%
2024
$10,276
-1%
$580,129
-3%
2022
$10,347
—
$598,754
—
2022
$10,347
39%
$597,623
74%
2021
$7,469
-6%
$343,131
-4%
2020
$7,982
4%
$358,474
—
2020
$7,689
41%
$358,474
44%
2018
$5,471
76%
$249,091
79%
2016
$3,103
—
$139,155
—
2017
$3,103
-8%
$139,155
-5%
2015
$3,357
-16%
$146,194
-3%
2013
$4,014
—
$151,314
-7%
2013
$4,014
—
$162,969
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1303 Falcon Cove
1303 Falcon Cove, Austin, TX 78745 (MLS# 6361594) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1303 Falcon Cove is currently listed for $399,000 and was received on April 24, 2026. Want to learn more about 1303 Falcon Cove? Do you have questions about finding other Duplex real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

