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$429,000

1507 Falconer WAY, Austin, TX, 78748

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.72 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Exhaust Fan, Free Standing Gas Oven, Gas Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,976 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04402307690000
Lot Number68
SubdivisionSummerrow Condominiums
Land UseResidential
Legal DescriptionUNT 68 SUMMERROW CONDOMINIUMS PLUS .909 % INT IN COM AREA
Census Tract033200
Assessed Land Value$28,563
Assessed Improvement Value$431,874
Assessment Year2025

About this property

Built in 2020 and thoughtfully enhanced over the past year, this move-in-ready South Austin gem pairs modern architecture with turnkey, lock-and-leave convenience. Step inside to soaring ceilings and an airy, sun-drenched open layout anchored by durable luxury vinyl plank flooring. The chef’s kitchen has been elevated with brand-new premium appliances—including an ultra-quiet Bosch dishwasher—plus a newly installed reverse osmosis drinking water system and a whole-home water softener. Fresh, custom window coverings throughout provide privacy and light control with zero extra effort needed after move-in. The main-level primary retreat offers true single-story ease, featuring brand-new plush carpet with an upgraded pad, a dual-vanity en-suite, an oversized walk-in shower, and a generous walk-in closet. Upstairs, the fresh, upgraded carpeting continues into a versatile loft space ideal for a home office, secondary living room, or media zone. Life here is exceptionally low-maintenance: the HOA covers both front AND back lawn care, plus trash service. Enjoy neighborhood amenities including a dedicated dog park and community grilling stations, all while being minutes from Menchaca Road’s best hotspots like Moontower, Armadillo Den, and Lustre Pearl South. Modern, upgraded, and effortless—schedule your private tour today!

Investor Tools

$392,570Estimated Mortgage Balance
$67,867Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,763 /month
Positive
Cash Flow Estimate:
$921 /month

Interested in this property?

Julie Mattoon

CENTURY 21 Integra

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
$188/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,715
$460,437
2025
$28,563
$431,874
$460,437
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,715
$460,437

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kyber Mortgage Corp
Conventional
$399,000
No
First
Oct 24, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,570
$67,867
14%
85%
$2,393/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,581/mo
+$9/mo
6.8%

City: Austin

1507 Falconer WAY | Property Details | No Agent List