Active Listing  ·  36 days on market

16313 Rockies Run Smt

Austin, TX 78738
$950,000
5 Bed 4 Bath 3,973 sqft $239/sqft Built 2011 0.21 acres 3-Car Garage Pool Falconhead West Ph 1 Sec 2 &

Freshly painted inside and out with brand-new carpet, this spacious five-bedroom home in Falconhead offers two bedrooms on the main level, multiple living areas, exceptional Hill Country views and a beautiful greenbelt setting. Located on a quiet street that ends in a cul-de-sac and served by highly regarded Lake Travis ISD, the home combines space, privacy and convenience. A soaring entry with curved staircase opens to formal dining and an expansive family room with stone fireplace and walls of windows overlooking the treetops. The large kitchen and breakfast area feature extensive wood cabinetry, granite countertops, stainless appliances, gas cooking, center island, walk-in pantry and abundant storage. The main-level primary suite offers hardwood flooring, large windows, walk-in closet and spacious bath with soaking tub, separate shower and dual vanity areas. A second downstairs bedroom with nearby bath offers flexibility for guests or a home office. Upstairs features three additional bedrooms, multiple baths, an oversized game/family room and two bonus/flex spaces. Outside, an expansive covered patio with stone fireplace overlooks the landscaped backyard and adjoining greenbelt, with mature trees, lawn, stone pathways and pergola. An oversized, extra-deep garage with extensive storage adds outstanding functionality. Falconhead Golf Club is nearby, completing an exceptional Hill Country lifestyle.

At $239/sqft, this home is 39% 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

16313 Rockies Run Smt, Austin, TX 78738

Property Details

Price $950,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,973 sqft
Lot Size 0.21 acres (9,099.68 sqft)
Year Built 2011
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Falconhead West Ph 1 Sec 2 &
County Travis
Zip Code 78738
$/sqft $239/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $14,329.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243810098
List Date August 18, 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
5203 Cueva Dr
Bee Caves West
$999,000 $339 5 bd / 4 ba 2,944 sqft , 2026-06-12
16225 Zagros Way
Falconhead West Ph 1 Sec 2 &
$1,000,000 $277 4 bd / 4 ba 3,608 sqft , 2026-08-14
5304 Via Besso Dr
Terra Colinas Ph 1
$899,990 $220 4 bd / 5 ba 4,091 sqft , 2026-04-02
15716 De Fortuna Dr
Bella Colinas Sec 1
$880,000 $221 4 bd / 4 ba 3,979 sqft , 2026-07-17
4928 Julian Alps None
Falconhead West Ph 1 Sec 2 &
$815,000 $240 4 bd / 4 ba 3,401 sqft , 2026-08-13

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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 8, 2026.

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