1603 Falcon Ledge DR, Austin TX 78746
MLS #246884925 · Compass RE Texas, LLC · Heather Hudson
About this home
Set on an exceptional .40-acre corner lot along one of Lost Creek’s most coveted, low-traffic streets, 1603 Falcon Ledge is a designer-owned residence where thoughtful renovation, elevated finishes and effortless livability come together beautifully. Originally built in 1984, the home underwent such an extensive renovation in 2018 that State Farm recognizes it as a 2018 build, reflecting the remarkable scope of the transformation. Every detail was carefully considered, from distinctive tile selections and polished nickel sconces to custom cabinetry and beautifully curated finishes throughout. The home offers generous living areas, dining spaces and an open-concept kitchen and family room that flow seamlessly to the backyard. Expansive windows fill the interiors with natural light, while a main-level office offers floor plan flexibility. At the heart of the home, the gourmet kitchen pairs style with serious functionality. A commercial-style ZLINE range includes 6 gas burners, a griddle and dual ovens, complemented by a built-in Thermador refrigerator, wine refrigerator and microwave drawer. Soft-close cabinetry, abundant storage and thoughtfully planned workspaces make the kitchen ideal for both cooking and entertaining. A grand staircase leads upstairs to 4 spacious bedrooms and 3 full baths. One guest suite enjoys a private bath. The owner’s suite is a true retreat with tall ceilings, abundant natural light and an oversized covered balcony. The spa-inspired bath features dual vanities and a freestanding soaking tub. Outside, the large corner lot has been enhanced with new sod and wrought-iron fencing, creating the perfect backyard for pets, play and entertaining. Lost Creek residents enjoy convenient access to parks, green spaces, trails, outdoor recreation and Westlake Country Club, while Loop 360 provides easy connectivity to downtown Austin, Barton Creek and Westlake shopping and dining. Zoned to Eanes ISD schools: Forest Trail, West Ridge and Westlake High.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1984
- Full baths
- 3
- Half baths
- 1
- Lot size
- 0.3894
- Subdivision
- Lost Creek Sec 03-A
- MLS area
- 8W
- MLS #
- 246884925
Features
Interior features
- Ceiling Fan(s)
- High Ceilings
- Double Vanity
- Eat-in Kitchen
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Wet Bar
Exterior features
- Balcony
- Gutters Full
- Lighting
Additional details
- Parking
- Garage, Garage Faces Front
- Garage spaces
- 2
- Roof
- Composition
- Foundation
- Slab
- HOA
- $80 / annually
Location
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Schools
Assigned schools per the MLS.
- School district
- Eanes ISD
- Elementary
- Forest Trail
- Middle
- West Ridge
- High
- Westlake
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Getting around
- Downtown Austin
- 6.2 mi
- Austin-Bergstrom Airport
- 12.3 mi
Straight-line distance, not drive time.
Market insights
Compared with 245 active homes in ZIP 78746 · HomeLocating listings
At $2,150,000, this home is priced 9% below the $2,375,000 median across 245 active homes in ZIP 78746, including other homes in Lost Creek.
Estimated monthly payment
Home price
$2,150,000
Down payment
20% ($430,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of Compass RE Texas, LLC · Heather Hudson
Listing data last updated Oct 2, 2026, 11:46 PM
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