Active Listing  ·  62 days on market

16213 Maritime Alps Way

Austin, TX 78738
$776,531
4 Bed 4 Bath 2,980 sqft $261/sqft Built 2011 0.41 acres 2.5-Car Garage Pool Falconhead West Ph 1 Sec 2 &

REDUCED!! A truly unique opportunity: Welcome to the largest corner lot in the desirable Falconhead West community, boasting 15 mature Live Oaks that provide a shaded retreat from the Texas heat. Perfectly positioned just minutes from top-rated Lake Travis ISD schools, shopping, dining, and medical facilities, with quick, easy access to Hwy 71.

Spanning 2,980 square feet, this impeccably maintained home offers a rare, sprawling single-story open floor plan. An inviting entry foyer opens to a formal dining room, two secondary bedrooms, and a full bath off the main hallway. At the heart of the home, a massive gourmet kitchen features stainless steel appliances, abundant cabinetry, rich granite counters, an expansive center island, and a sunny breakfast nook framed by a beautiful picture window.

The kitchen flows seamlessly into a spacious living room anchored by a cozy gas fireplace and serene backyard views. Tucked off the living area, a private home office behind French doors provides the perfect quiet workspace. Two master suites at the back of the house: One complete with a bay window sitting area and a spa-like bath featuring dual vanities, a garden tub, a separate shower, and a large walk-in closet.

Throughout the light-filled interior, you'll find soaring ceilings, architectural archways, and custom plantation shutters. Step outside to a peaceful covered patio overlooking a fully enclosed, oak-shaded yard with endless room to relax, play, or add a custom pool. Complete with a 3-car tandem garage and a full sprinkler system!

MaritimeAlpsWay.com

At $261/sqft, this home is 33% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

16213 Maritime Alps Way, Austin, TX 78738

Property Details

Price $776,531
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,980 sqft
Lot Size 0.41 acres (18,077.4 sqft)
Year Built 2011
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Falconhead West Ph 1 Sec 2 &
County Travis
Zip Code 78738
$/sqft $261/sqft
Days on Market ,
HOA $500/Annually
Annual Tax Est. $13,593.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240556117
List Date July 23, 2026
Elementary School Bee Cave
Middle School Lake Travis
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 23, 2026 $799,716
Previous ask $787,714
Current ask $776,531
Reduced $23,185 (-2.9%) 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
4928 Julian Alps None
Falconhead West Ph 1 Sec 2 &
$815,000 $240 4 bd / 4 ba 3,401 sqft , 2026-08-13
15408 La Catania Way
Terra Colinas
$724,900 $251 4 bd / 4 ba 2,892 sqft , 2026-08-28
5311 Avispa Way
Bee Caves West
$699,000 $271 3 bd / 2 ba 2,580 sqft , 2026-07-20
5025 Pyrenees Pass
Falconhead West Ph 1 Sec 2 &
$675,000 $218 4 bd / 3 ba 3,091 sqft , 2026-06-25
15716 De Fortuna Dr
Bella Colinas Sec 1
$880,000 $221 4 bd / 4 ba 3,979 sqft , 2026-07-17

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
$3,727/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
$155,306
20% conventional investment loan

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

Estimated Gross Rent+$3,727
Principal + Interest−$4,238
Property Tax (~2.1% TX avg)−$1,359
Insurance (~0.5%)−$324
Est. Monthly Cash Flow $-2,194

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 21, 2026.

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