1506 Falcon Ledge Dr, Austin, TX 78746
Property image
Property image
OFF MARKET

$1,357,500

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,285 sqft (on 0.32 acres)

1506 Falcon Ledge Dr, Austin, TX 78746

Est. Refi. Payment $8,923/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.36M
Since last month
Decreased$25K (-1.8%)
Since last year
Decreased$24K (-1.8%)
Since last sale
Decreased$84K (-5.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +109% in the last 10 years
MonthEstimated value
2026
September 2026$1.36M
August 2026$1.38M
July 2026$1.39M
June 2026$1.41M
May 2026$1.4M
April 2026$1.4M
March 2026$1.4M
February 2026$1.36M
January 2026$1.34M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1313 Falcon Ledge Dr, Austin, TX
0.16
Single-Family Home
-
05/13/26
4
3
2,364
2308 Cypress Point E, Austin, TX
0.62
Unknown
-
11/17/25
-
-
2201 Cypress Point W, Austin, TX
0.55
Unknown
$2,712,000
05/13/26
-
-
1501 Wilson Heights Dr, Austin, TX
1.20
Single-Family Home
-
07/29/26
3
2.5
1,878
1812 Chalk Rock Cv, Austin, TX
1.60
Single-Family Home
-
12/03/25
4
3.5
5,114
2901 Maravillas Loop, Austin, TX
1.59
Single-Family Home
-
03/20/26
4
4
3,913
2300 Portofino Ridge Dr, Austin, TX
0.81
Single-Family Home
-
02/09/26
7
8
9,579
102 Wood Trl, West Lake Hills, TX
1.56
Single-Family Home
-
06/19/26
5
4
4,392
324 Saint Stephens School Rd S, Austin, TX
1.41
Single-Family Home
-
11/10/25
4
5
4,149
4009 Great Plains Dr, Austin, TX
2.25
Single-Family Home
-
12/29/25
4
2
2,408

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1603 Falcon Ledge Dr, Austin, TX 78746
0.08
$2,150,000
4
3.5
3,554
For Sale
1528 Ben Crenshaw Way, Austin, TX 78746
0.08
$1,799,000
4
3
3,269
For Sale
6304 Whitemarsh Valley Walk, Austin, TX 78746
0.31
$1,099,000
4
2
2,152
For Sale
1211 Falcon Ledge Dr, Austin, TX 78746
0.30
$1,094,000
3
2
2,051
For Sale
6300 Augusta National Cv, Austin, TX 78746
0.35
$1,875,000
5
5
3,770
For Sale
1923 Cypress Point W, Austin, TX 78746
0.39
$1,595,000
3
2.5
2,542
For Sale
6820 Cypress Point N #6, Austin, TX 78746
0.39
$670,000
3
3
2,282
For Sale
5914 Cape Coral Dr, Austin, TX 78746
0.53
$1,830,800
4
3.5
3,574
Off Market
1 Jousting Pl, Austin, TX 78746
0.51
$800,000
-
-
-
For Sale
2006 Trevino Dr, Austin, TX 78746
0.56
$1,329,400
3
2
2,085
Off Market
6009 Diamond Head Dr, Austin, TX 78746
0.56
$1,250,000
3
2.5
2,698
For Sale
1002 Jousting Pl, Austin, TX 78746
0.55
$3,000,000
3
3
2,254
For Sale

Local Information

  • Map ViewExplore the area around 1506 Falcon Ledge Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1981
0.32 acre lot
2,285 sqft
$594/sqft
Garage

About this House

What's unique:Outdoor kitchenLost creek country clubNew roofGranite countertopsNatural lightOpen-concept kitchen
This single-family home is located at 1506 Falcon Ledge Dr, Austin, TX. 1506 Falcon Ledge Dr is in Austin, TX and in ZIP code 78746. This property has 4 bedrooms, 2 bathrooms and approximately 2,285 sqft of floor space. This property has a lot size of 0.32 acres and was built in 1981.
1506 Falcon Ledge Dr, Austin, TX 78746 is a 4 bedroom, 2 bathroom, 2,285 sqft single-family home built in 1981. It was last sold on Jan 11, 2023. More recently, it was listed as a rental in February 2020 with an asking price of $4,750 per month. That rental listing was removed on February 21, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,357,500, with a rent estimate of $4,475/month.

Home Details for 1506 Falcon Ledge Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
Types of Rooms: Office, Pantry
Appliances & Utilities
DishwasherDisposalMicrowave
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: StoneFoundation Type: SlabPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.32 acres

Price and Tax history

DateEventPrice
Jan 11, 2023
Source: N/A
Sold
--
Dec 20, 2022
Source: Unlock MLS #2350818
Contingent
$1,495,000
Dec 17, 2022
Source: Unlock MLS #2350818
PriceChange
$1,495,000
Price decreased by 6%
Nov 8, 2022
Source: Unlock MLS #2350818
PriceChange
$1,595,000
Price decreased by 3%
Oct 22, 2022
Source: Unlock MLS #2350818
Listed For Sale
$1,649,000

Market trends in Lost Creek

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22

Around this home

What Locals Say about Lost Creek

At least 13 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say it's dog friendly

  • 95 % Say parking is easy

  • 92 % Say yards are well-kept

  • 90 % Say it's quiet

  • 90 % Say there's holiday spirit

  • 90 % Say there's wildlife

  • 88 % Say kids play outside

  • 86 % Say people would walk alone at night

  • 85 % Say they plan to stay for at least 5 years

  • 83 % Say neighbors are friendly

  • 81 % Say there are community events

  • 71 % Say there are sidewalks

  • 18 % Say streets are well-lit

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Mertaw
    "Lot of kids in this neighborhood. Parents have group texts to keep track of everybody. Great neighborhood for families. "
    0
    Flag
  • Drsdeal
    "I love our neighborhood. It is scenic with Hill Country views, very walkable for those who love to jog or walk, and quite safe. It is not a cookie-cutter neighborhood and no two houses are exactly alike. I love the large oak trees and mature landscapes. "
    0
    Flag
  • Drsdeal
    "I love my neighborhood! The gorgeous views, hills, walking trails and greenbelt access. Nature abounds. "
    0
    Flag
  • Biut83
    "Great neighborhood. I have lived here for over twenty years in two different houses. The school district is the best and Lost Creek is close to downtown Austin. "
    0
    Flag
  • Alenasapp
    "Inexpensive rentals in highly ranked school district. Easy access to east/west as well as north/south."
    0
    Flag
  • Toddwong
    "Friendly neighbors who watch out for one another. Wide boulevards and steep hills. Two parks are within the neighborhood, as well as nature walk which connects to the Creek. Plenty of pets and walkers"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1506 Falcon Ledge Dr

  • What is 1506 Falcon Ledge Dr estimated to be worth?
    Trulia's estimated value for 1506 Falcon Ledge Dr in Austin, TX is $1,357,500.
  • What is the price history for 1506 Falcon Ledge Dr?
    1506 Falcon Ledge Dr in Austin, TX last sold in January 2023.
  • Is Austin a buyer's or seller's market?
    Austin is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Austin?
    Residents describe Austin, TX as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Austin, TX.
  • Does 1506 Falcon Ledge Dr have air conditioning?
    Yes, 1506 Falcon Ledge Dr in Austin, TX has air conditioning.
  • How big is the lot at 1506 Falcon Ledge Dr?
    The lot at 1506 Falcon Ledge Dr in Austin, TX is about 0.32 acres (13,982 sq ft).

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