Active Listing  ·  56 days on market

14425 American Kestrel Dr

Austin, TX 78738
$575,000
4 Bed 3 Bath 2,599 sqft $221/sqft Built 2006 0.15 acres 2-Car Garage Pool Spillman Ranch Ph 01 Sec 01

Nestled in the highly sought-after Spillman Ranch community, this beautifully updated two-story residence offers the perfect blend of elegance, comfort, and functionality. Boasting 2,599 square feet, 4 bedrooms, 2.5 baths, a dedicated home office, formal dining room, breakfast area, and an expansive upstairs game room, this home is thoughtfully designed for both everyday living and effortless entertaining.

Step inside to a dramatic two-story foyer featuring rich wood flooring, a striking stone-accent staircase, and abundant natural light that fills the home with warmth and sophistication. The spacious living room centers around a cozy gas fireplace and flows seamlessly into the beautifully remodeled kitchen, where quartz countertops, updated cabinetry, stainless steel appliances, and a wraparound breakfast bar create the ideal gathering space for family and friends.

Upstairs, all four bedrooms provide privacy and flexibility. The generous primary suite is a true retreat, complete with a bay window overlooking treetop views, ample space for a sitting area, and a spa-inspired bath featuring dual vanities, a soaking tub, separate shower, and walk-in closet. The oversized game room offers endless possibilities for recreation, media, or additional living space.

Enjoy Texas evenings on the covered back patio overlooking the private backyard, perfect for outdoor dining, entertaining, or simply unwinding. Ideally located just minutes from Falconhead Golf Club, premier shopping, dining, and entertainment along Ranch Road 620, this exceptional home is also zoned to acclaimed Lake Travis ISD schools. Combining timeless style, modern updates, and an unbeatable location, this is an opportunity to experience the very best of West Austin living.

At $221/sqft, this home is 44% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

14425 American Kestrel Dr, Austin, TX 78738

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,599 sqft
Lot Size 0.15 acres (6,324.91 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spillman Ranch Ph 01 Sec 01
County Travis
Zip Code 78738
$/sqft $221/sqft
Days on Market ,
HOA $137.5/Quarterly
Annual Tax Est. $10,418.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241393104
List Date July 29, 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.

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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 · July 29, 2026 $650,000
Previous ask $635,000
Current ask $575,000
Reduced $75,000 (-11.5%) 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
13504 Golden Wave Loop #51
Morningside Residential Condom
$599,000 $303 3 bd / 2 ba 1,976 sqft , 2026-09-09
4213 Gandara Bnd
Ladera Ph 1
$649,000 $271 4 bd / 3 ba 2,398 sqft , 2026-06-04
14505 Broadwinged Hawk Dr
Spillman Ranch Ph 01 Sec 06
$650,000 $232 3 bd / 3 ba 2,804 sqft , 2026-08-13
112 Aria Rdg
Enclave at Alta Vista
$469,500 $211 3 bd / 3 ba 2,220 sqft , 2026-04-17
219 Honey Creek Ct #10
Honey Creek
$690,000 $380 3 bd / 3 ba 1,818 sqft , 2026-04-20

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 12, 2026.

📞 (254) 718-2567 [email protected] More about Luke →