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$399,000 - 1303 Falcon Cove, Austin

-
Bedrooms
-
Baths
1,584
SQ. Feet
0.25
Acres

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.

Essential Information

  • MLS® #:
    6361594
  • Price:
    $399,000
  • Bathrooms:
    0.00
  • Square Footage:
    1,584
  • Acres:
    0.25
  • Year Built:
    1971
  • Type:
    Residential Income
  • Sub-Type:
    Duplex
  • Status:
    Active

Community Information

  • Address:
    1303 Falcon Cove
  • Subdivision:
    Glenwood Square
  • City:
    Austin
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78745

Amenities

  • Utilities:
    Electricity Available, Electricity Connected, Fiber Optic Available, Natural Gas Connected, Sewer Connected, Underground Utilities
  • Features:
    None
  • Parking:
    Off Street, Outside
  • View:
    None
  • Waterfront:
    None

Interior

  • Interior:
    Carpet Free, Laminate, See Remarks
  • Appliances:
    Dishwasher, Free-Standing Range, Refrigerator, See Remarks
  • Heating:
    Ceiling, Natural Gas
  • # of Stories:
    1
  • Stories:
    One

Exterior

  • Exterior Features:
    None
  • Lot Description:
    Cul-De-Sac, Level, Pie Shaped Lot, Few Trees
  • Roof:
    Composition, Shingle
  • Construction:
    Frame
  • Foundation:
    Slab

School Information

  • District:
    Austin ISD
  • Elementary:
    Joslin
  • Middle:
    Covington
  • High:
    Crockett

Property Listed by: Webb Real Estate Llc

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 11th, 2026 at 10:46am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.