Active Listing  ·  230 days on market

928 Falkland Trce

Austin, TX 78660
$495,000
5 Bed 4 Bath 2,792 sqft $177/sqft Built 2020 0.20 acres 2-Car Garage Pool Ballantyne

Wow! What a value. 5 bedrooms, 4 full bathrooms, and just minutes to all that Austin has to offer? What a gem! This 2020 built home is full of luxury upgrades like the professional appliance package, expanded patio with outdoor kitchen, and double corner lot. The main floor features the open concept living area and a good sized bedroom next to a full bath. Step out the living room through the accordian patio doors that open fully to the covered patio for endless fun outdoors. Upstairs, you'll find a family room, 2 guest bedrooms that share a full bath with dual vanities, and an ensuite guest room with full bath! Addtionally, the primary suite is upstairs - the bedroom includes a sitting room, perfect for book reading or a crib for your newborn. The bathroom is the picture of luxury with dual vanities, a soaking tub, and a walk-in shower. Prepare to be wowed by the enormous closet featuring a built-in closet sytem. In fact, all the bedroom closets in the house feature closet systems - perfect for staying neat and organized! The best part? This home is across the street from the neighborhood pool - which means you have the ease of access without the pain and cost of maintenance! Enjoy the highly rated Pflugerville schools and quick access to The Domain, Q2, Mueller, and Walnut Creek Park.

At $177/sqft, this home is 55% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

928 Falkland Trce, Austin, TX 78660

Property Details

Price $495,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,792 sqft
Lot Size 0.20 acres (8,746.85 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ballantyne
County Travis
Zip Code 78660
$/sqft $177/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. $9,937.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220047127
List Date February 20, 2026
Elementary School Springhill
Middle School Pflugerville
High School Pflugerville
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 20, 2026 $515,000
Previous ask $510,000
Current ask $495,000
▼ Reduced $20,000 (-3.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
521 Falkland Trce
The Crossing at Wells Branch
$489,000 $187 4 bd / 3 ba 2,615 sqft , 2026-05-28
911 Indian Run Dr
Club At Wells Point Ph A Sec
$467,000 $188 4 bd / 3 ba 2,490 sqft , 2026-09-04
838 Smoke Signal Pass
Club At Wells Point Ph A Sec
$445,000 $151 4 bd / 4 ba 2,940 sqft , 2026-09-06
825 Fortrose Ter
Crossing at Wells Branch
$435,000 $167 4 bd / 3 ba 2,609 sqft , 2026-08-20
1411 Iberville Dr
Enclave at Sarah's Creek Condominiums
$385,000 $184 4 bd / 3 ba 2,090 sqft , 2026-06-19

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 October 1, 2026.

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