Active Listing  ·  40 days on market

16225 Zagros Way

Austin, TX 78738
$1,000,000
4 Bed 4 Bath 3,608 sqft $277/sqft Built 2009 0.24 acres 3-Car Garage Pool Falconhead West Ph 1 Sec 2 &

Presenting a luxurious 4 bedroom, 4 bath residence nestled in the coveted Falconhead West community of West Austin. This home backs onto a serene greenbelt and offers a grand foyer with a winding staircase and exquisite hand-scraped wood floors. The kitchen is a culinary enthusiast's dream, featuring quartzite countertops, custom backsplash, stainless steel appliances, and a six-burner gas cooktop by KitchenAid. Dine in the light-filled breakfast nook, at the counter-height seating, or in the elegant formal dining room. The living room boasts soaring ceilings, expansive windows overlooking the greenbelt, and a gas fireplace with a stone surround. French doors lead to a dedicated home office, ideal for hobbies or professional endeavors. The spacious primary bedroom suite includes tray ceilings and a cozy bay window seating area, with a luxurious bath offering dual vanities, a glass-enclosed shower, and a jetted spa tub. Upstairs, two bedrooms share a full bath, while a fourth bedroom has its own bath. Gather in the expansive bonus room or enjoy a cinematic experience in the dedicated media room. The backyard, which backs onto the greenbelt, features a covered porch with composite flooring and a lower stone patio with a gas fire pit. Situated near a 145-acre preserve with trails, this home is part of the Lake Travis Independent School District and is minutes from shopping and fine dining at the Hill Country Galleria, with easy access to downtown Austin.

At $277/sqft, this home is 30% 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

16225 Zagros Way, Austin, TX 78738

Property Details

Price $1,000,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,608 sqft
Lot Size 0.24 acres (10,336.79 sqft)
Year Built 2009
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. $14,127.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243356292
List Date August 14, 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.

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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
16313 Rockies Run Smt
Falconhead West Ph 1 Sec 2 &
$950,000 $239 5 bd / 4 ba 3,973 sqft , 2026-08-18
4020 Vail Dv
Falconhead West Ph 01 Sec 01
$914,000 $283 5 bd / 3 ba 3,231 sqft , 2026-05-30
410 Indianwood Dr
Flintrock At Hurst Creek Ph 03
$900,000 $248 4 bd / 5 ba 3,628 sqft , 2026-09-03
13 Borello Dr
Villas At Flintrock Sec 2 Condo
$1,100,000 $376 4 bd / 3 ba 2,928 sqft , 2026-09-04
5304 Via Besso Dr
Terra Colinas Ph 1
$899,990 $220 4 bd / 5 ba 4,091 sqft , 2026-04-02

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 19, 2026.

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