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ActiveMLS #2882816

1603 Falcon Ledge DR, Austin TX 78746

Austin, TX 78746 · Lost Creek Sec 03-A

Single Family Residence for sale in Lost Creek Sec 03-A

4Bedrooms
3 full / 1 halfBathrooms
3,554Square Ft
0.39Acres
2Garage
1984Year Built
1 / 40
$2,150,000

Overview

Property Description

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.

Financial Info
Price
$2,150,000
$ / Sqft
$605
HOA
Yes - Voluntary / $80 / Annually
HOA Name
LCNA
HOA Includes
See Remarks
Tax Rate
1.5378%
Est. Taxes
$21,467
Tax Year
2026
Exemptions
Homestead, Over 65
Legal Info
Address
1603 Falcon Ledge DR
County
Travis
City
Austin
State
TX
Zip
78746
Subdivision
Lost Creek Sec 03-A
Legal Description
LOT 10 BLK 13 LOST CREEK SEC 3-A
Parcel
01132805030000
Interior Features
Floor
Carpet, Tile, Wood
Num Living
2
Dining
2
Kitchen
Eat-in Kitchen, Kitchen Island, Pantry
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Range
Laundry
Laundry Room
Master Bed
Double Vanity
Master Main
No
Fireplaces
1
Fireplace Description
Living Room
Interior Features
Ceiling Fan(s), High Ceilings, Double Vanity, Eat-in Kitchen, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Pantry, Wet Bar, None, Blinds
General Info
Beds
4 Total / 4 Other Level
Full / Half Baths
3 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1984 / Resale
Square Feet
3,554 / See Remarks
Garages
2
Garage Desc
Garage, Garage Faces Front
Foundation
Slab
Roof
Composition
Construction
Brick, HardiPlank Type
Acres
0.39
Lot Description
Corner Lot, Sprinkler - Automatic, Views
Restrictions
See Remarks
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
8W
Utility Info
Water
Public
Sewer
Municipal Utility District (MUD)
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central, Natural Gas
A C
Central Air, Electric
Exterior Features
Fence
Back Yard, Wood, Wrought Iron
Exterior Features
Balcony, Gutters Full, Lighting, Covered, Porch, Side Porch
Pool On Property
No
Area Amenities
Curbs, Golf, Park, Playground, Sidewalks, Tennis Court(s)

Price history

Members only
Days on market
$2,150,000
List price
0
Price reductions
Active
Since Sep 9, 2026
Property history1 event
DateEventPriceChange
Sep 9, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Eanes ISD
Elementary
Forest Trail
Middle
West Ridge
High
Westlake

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $2,150,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$14,453 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $14,453

Principal & interest
$10,872
Property taxes
$1,789
Homeowners insurance
$1,792

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,720,000$19,225$111,234$1,700,775
2$1,700,775$20,512$109,946$1,680,263
3$1,680,263$21,886$108,573$1,658,377
4$1,658,377$23,352$107,107$1,635,025
5$1,635,025$24,916$105,543$1,610,109
6$1,610,109$26,584$103,874$1,583,524
7$1,583,524$28,365$102,094$1,555,159
8$1,555,159$30,265$100,194$1,524,895
9$1,524,895$32,291$98,167$1,492,603
10$1,492,603$34,454$96,005$1,458,149
  • Year 1$1,700,775
    Principal paid
    $19,225
    Interest paid
    $111,234
    Starting balance
    $1,720,000
  • Year 2$1,680,263
    Principal paid
    $20,512
    Interest paid
    $109,946
    Starting balance
    $1,700,775
  • Year 3$1,658,377
    Principal paid
    $21,886
    Interest paid
    $108,573
    Starting balance
    $1,680,263
  • Year 4$1,635,025
    Principal paid
    $23,352
    Interest paid
    $107,107
    Starting balance
    $1,658,377
  • Year 5$1,610,109
    Principal paid
    $24,916
    Interest paid
    $105,543
    Starting balance
    $1,635,025
  • Year 6$1,583,524
    Principal paid
    $26,584
    Interest paid
    $103,874
    Starting balance
    $1,610,109
  • Year 7$1,555,159
    Principal paid
    $28,365
    Interest paid
    $102,094
    Starting balance
    $1,583,524
  • Year 8$1,524,895
    Principal paid
    $30,265
    Interest paid
    $100,194
    Starting balance
    $1,555,159
  • Year 9$1,492,603
    Principal paid
    $32,291
    Interest paid
    $98,167
    Starting balance
    $1,524,895
  • Year 10$1,458,149
    Principal paid
    $34,454
    Interest paid
    $96,005
    Starting balance
    $1,492,603
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.