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.
Dishwasher, Free-Standing Range, Refrigerator, See Remarks
Heating
Natural Gas, Ceiling
Fireplace
No
# of Stories
1
Stories
One
Exterior of 1303 Falcon Cv
Exterior Features
None
Lot Description
Cul-De-Sac, Level, Few Trees, Pie Shaped Lot
Roof
Composition, Shingle
Construction
Frame
Foundation
Slab
School Information
District
Austin ISD
Elementary
Joslin
Middle
Covington
High
Crockett
Additional Information On 1303 Falcon Cv
Days on Market
147
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $399,000 to $379,000
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. Listing Data Provided By: Webb Real Estate LLC(512) 415-7379. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 4:45am 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.
