Active Listing  ·  60 days on market

14416 Piper Glen Dr

Austin, TX 78738
$1,439,000
4 Bed 3 Bath 4,263 sqft $338/sqft Built 2006 0.35 acres 3-Car Garage Pool Spillman Ranch Ph 01 Sec 02

Custom home in the gated Heights of Falconhead. Home features 4 beds/3 baths and 4236 sq ft. Home backs to the # 9 tee at Falconhead Golf Course. Mature live oak trees. High ceilings in foyer and main living. Walk behind wet bar with wine fridge located off the chef-inspired kitchen with 2 ovens and microwave, all with convection. 10 Large windows view an outdoor north facing shaded space with fountained pool and 802 sq ft covered patio. Patio has built-in grill, sink and a fireplace. Oversized breakfast area. All counters in art niches, all baths, formal dining, and wet bar in main are natural stone. Built-in storage cabinetry throughout main. Tiered high ceiling primary bedroom retreat with his/hers closets, dual vanities, bidet. 1st floor has primary, a 2nd bedroom, two baths, two dining, family room, study, kitchen, oversized mud/laundry, walk-in pantry. Solid 8 ft alder doors in main. Upstairs are two beds, a dual entry bath and media room with wet bar. Theater equipment conveys. Home features a central vac system and two Rinnai tankless hot water heaters. City of Bee Cave property taxes are one of the lowest in the area. No MUD tax. With 3,245 sq ft on the main and 1,018 sq ft on the 2nd floor this home lives like a 1.5 story. Two separate garages with 3 car spaces total. Sq ft numbers are from TCAD. Seller is the owner and an agent.

At $338/sqft, this home is 14% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

14416 Piper Glen Dr, Austin, TX 78738

Property Details

Price $1,439,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 4,263 sqft
Lot Size 0.35 acres (15,320.05 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spillman Ranch Ph 01 Sec 02
County Travis
Zip Code 78738
$/sqft $338/sqft
Days on Market ,
HOA $275/Quarterly
Annual Tax Est. $22,230.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232639762
List Date June 5, 2026
Elementary School Lake Pointe
Middle School Bee Cave Middle School
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 5, 2026 $1,475,000
Current ask $1,439,000
Reduced $36,000 (-2.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
910 Tillery St
910 Tillery Condos
$1,448,900 $495 5 bd / 5 ba 2,930 sqft , 2026-05-22
913 Presa Arriba Rd
Austin Lake Hills Sec 03
$1,449,900 $414 4 bd / 4 ba 3,502 sqft , 2026-05-28
579 Taranga Pl
Lakeside Estates
$1,449,900 $353 5 bd / 4 ba 4,112 sqft , 2026-07-28
406 Woodside Ter
Lakeway Highlands Ph 1 Sec 7B
$1,449,999 $329 5 bd / 6 ba 4,408 sqft , 2026-03-29
9905 Charthouse Cv
River Place Sec 07B
$1,450,000 $330 5 bd / 5 ba 4,389 sqft , 2026-04-07

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$6,907/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$287,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$6,907
Principal + Interest−$7,853
Property Tax (~2.1% TX avg)−$2,518
Insurance (~0.5%)−$600
Est. Monthly Cash Flow $-4,064

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →