Active Listing  ·  60 days on market

16213 Rockies Run Smt

Austin, TX 78738
$1,249,000
4 Bed 4 Bath 4,517 sqft $277/sqft Built 2012 0.23 acres 3-Car Garage Pool Falconhead West Ph 1 Sec 2 &

Greenbelt lots in Falconhead West don’t come up often. Private ones with a pool, spa, outdoor fireplace, in Lake Travis ISD with a low tax rate? Rarer still...and this is that house.

From the moment you step through the custom Durango iron-and-glass front door, something shifts. The grand curved staircase rises to meet you, hardwood floors stretch toward soaring ceilings, and you realize immediately, this is a home that was designed to be lived in fully.

The main-level primary suite is the kind of space you don’t want to leave in the morning. Dual vanities, a soaking tub, walk-in shower, and a custom built-in closet that turns a daily routine into something that actually feels good. A dedicated home office means work has its place, and stays there. Upstairs, three additional bedrooms, a game room, and a media room give every member of the household room to breathe, create, and unwind.

The kitchen is where the home really comes alive. A large center island, granite countertops, stainless appliances, and a sun-lit breakfast nook make it the kind of space people naturally gather in. A secondary staircase keeps the flow effortless. The oversized dining room was made for the kind of dinners that go long into the evening.

And then there is the backyard...and it deserves its own moment. A custom pool and spa shimmer against a backdrop of sweeping greenbelt views. The covered patio, outdoor gas fireplace, and built-in TV cabinet mean this space gets used in January just as much as July. It’s the kind of outdoor living that makes you forget you were ever looking at other houses.

Three-car tandem garage. Whole-home water filtration and softener. Walk-in attic storage x 3. Pre-wired for indoor and outdoor audio...because the details here were actually thought through

Minutes from Falconhead Golf Club, Hill Country Galleria, and Lake Travis. This is the home people describe after they’ve seen it, and regret if they wait too long. Are you ready?

At $277/sqft, this home is 29% 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

16213 Rockies Run Smt, Austin, TX 78738

Property Details

Price $1,249,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,517 sqft
Lot Size 0.23 acres (9,888.12 sqft)
Year Built 2012
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Falconhead West Ph 1 Sec 2 &
County Travis
Zip Code 78738
$/sqft $277/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $9,771.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231223087
List Date June 5, 2026
Elementary School Bee Cave
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 →

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
1600 Morning Moon Cir
McCormick Ranch On Lake Austin
$1,250,000 $242 5 bd / 5 ba 5,162 sqft , 2026-04-08
810 Crestone Stream Dr
Serene Hills Sub Ph 2E
$1,250,000 $363 5 bd / 4 ba 3,444 sqft , 2026-06-12
640 Bird Holw
Parten
$1,255,907 $281 5 bd / 8 ba 4,467 sqft , 2026-07-11
4806 Richmond #2 Ave
Glenwood Square
$1,259,000 $418 4 bd / 5 ba 3,014 sqft , 2025-10-22
4012 Emory Peak Pass
The Grove
$1,229,000 $391 4 bd / 5 ba 3,147 sqft , 2026-03-03

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
$5,995/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
$249,800
20% conventional investment loan

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

Estimated Gross Rent+$5,995
Principal + Interest−$6,816
Property Tax (~2.1% TX avg)−$2,186
Insurance (~0.5%)−$520
Est. Monthly Cash Flow $-3,527

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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