Active Listing  ·  119 days on market

3621 Peregrine Falcon Dr

Austin, TX 78746
$2,999,950
4 Bed 4 Bath 3,923 sqft $765/sqft Built 2016 0.21 acres 2-Car Garage Pool Woodhaven

Masterfully designed and built by Paul and Maureen Christen, this modern residence is located in the heart of Westlake—within walking distance to Cedar Creek Elementary, Hill Country Middle School, and Westlake High School. The four-bedroom, four-bath layout is defined by open living spaces, elevated ceilings, and refined finishes throughout. The main level includes a flexible guest suite or office, offering privacy for visitors or dedicated space to work from home. French doors open to a wonderful outdoor kitchen and living area, featuring electric patio screens, complemented by a private, flat backyard with ample room for a future pool. Upstairs features a secondary living area, generous primary suite and two additional well-appointed bedrooms—each offering an en-suite bath and spacious walk-in closets. Located in acclaimed EANES ISD, with close proximity to downtown Austin—this turnkey home is perfect for even the most discriminating buyer.

At $765/sqft, this home is priced 96% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3621 Peregrine Falcon Dr, Austin, TX 78746

Property Details

Price $2,999,950
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,923 sqft
Lot Size 0.21 acres (9,204.23 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodhaven
County Travis
Zip Code 78746
$/sqft $765/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $35,433.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225243959
List Date April 7, 2026
Elementary School Cedar Creek (Eanes ISD)
Middle School Hill Country
High School Westlake
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
2705 Warren St
Mont-Dale
$2,999,990 $876 4 bd / 5 ba 3,426 sqft , 2026-06-30
2806 Geraghty Ave
Green Acres
$2,999,995 $810 5 bd / 4 ba 3,702 sqft , 2026-02-28
6504 W Courtyard Dr
Shepherd Mountain Ph 02
$3,000,000 $584 4 bd / 5 ba 5,133 sqft , 2026-03-05
3735 Lost Creek Blvd
Estates Above Lost Creek
$2,999,500 $609 4 bd / 5 ba 4,925 sqft , 2026-06-26
3210 Lacevine Ln
Estates Above Lost Creek in Barton Creek
$2,999,000 $766 4 bd / 4 ba 3,916 sqft , 2026-07-11

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
$14,400/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
$599,990
20% conventional investment loan

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

Estimated Gross Rent+$14,400
Principal + Interest−$16,372
Property Tax (~2.1% TX avg)−$5,250
Insurance (~0.5%)−$1,250
Est. Monthly Cash Flow $-8,472

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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