Active Listing  ·  21 days on market

3622 Peregrine Falcon Dr

Austin, TX 78746
$1,250,000
4 Bed 3 Bath 2,016 sqft $620/sqft Built 1979 0.25 acres 2-Car Garage Pool Woodhaven

This property is located in the heart of Eanes ISD, ideally located within moments of Cedar Creek Elementary, Hill Country Middle School, Westlake High School and the community library. Enjoy peaceful hillside views from many rooms throughout the home and multiple outdoor spaces designed to take them in.

The main level features a spacious living area with a beautiful stone fireplace and doors opening to the back deck, plus a kitchen with a sunny breakfast area. A separate formal dining room offers flexibility as a dining space, home office or additional living area. Neutral interior paint and teak hardwood floors create a warm, timeless feel throughout much of the home.

The generous primary suite includes a private bath with granite countertops, a large walk-in closet and French doors leading to an upper deck overlooking the backyard and surrounding hillside. Recent updates include newer flooring and interior paint, updated fixtures and outlets, refreshed landscaping, a newly painted deck, new exterior paint, new water heater and a new roof.

With four bedrooms, flexible living spaces, beautiful views and an exceptional location close to highly regarded Eanes ISD schools, this home offers a rare combination of comfort, convenience and Westlake living.

At $620/sqft, this home is priced 59% 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

3622 Peregrine Falcon Dr, Austin, TX 78746

Property Details

Price $1,250,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,016 sqft
Lot Size 0.25 acres (11,064.24 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodhaven
County Travis
Zip Code 78746
$/sqft $620/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $25,985.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239581210
List Date July 14, 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.

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
3707 Wyldwood Rd
I0320-I0320
$1,250,000 $897 5 bd / 2 ba 1,394 sqft , 2026-01-06
205 Medina St #1
SHELLEY N G SUBD
$1,250,000 $754 3 bd / 3 ba 1,657 sqft , 2025-10-10
2301 W 10th St
Lloyd Maury Allen
$1,250,000 $567 5 bd / 3 ba 2,203 sqft , 2026-03-31
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25
1615 Spyglass Dr #4
Park 10 Condo Amd
$1,250,000 $558 3 bd / 3 ba 2,241 sqft , 2026-05-27

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
$6,000/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
$250,000
20% conventional investment loan

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

Estimated Gross Rent+$6,000
Principal + Interest−$6,822
Property Tax (~2.1% TX avg)−$2,188
Insurance (~0.5%)−$521
Est. Monthly Cash Flow $-3,531

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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