RENTED FEB 12, 2026

5424 Falling Leaf Ln Austin, TX 78744

McKinney Neighborhood

Estimated Value: $281,545 - $310,000

3 Beds
2.5 Baths
1,524 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 20, 2023

Current estimated payment $1,992/month

Highlights

  • Gated Community
  • Open Floorplan
  • Granite Countertops
  • Two Primary Bathrooms
  • High Ceiling
  • Private Yard

About This Home

As of February 2026

Well-maintained 3-bedroom, 2.5-bath home. This home offers approximately 1,524 sq ft with a functional open-concept layout and great natural light. The main level features a spacious living area open to the kitchen with ample cabinetry and counter space, ideal for everyday living and entertaining. All bedrooms are located upstairs, including a private primary suite with en-suite bath. Attached two-car garage and low-maintenance yard. Conveniently located with easy access to downtown Austin, South Congress, and Austin-Bergstrom International Airport. Austin ISD schools.

Last Agent to Rent the Property

Anabel Medrano

Fore Premier Properties Brokerage Phone: (830) 257-4000 License #0779882 Listed on: 01/27/2026

Last Renter's Agent

Anabel Medrano

Fore Premier Properties Brokerage Phone: (830) 257-4000 License #0779882 Listed on: 01/27/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • East Facing Home
  • Landscaped
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage
  • Driveway
  • Additional Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Chandelier
  • Living Room

Kitchen

  • Electric Range
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Double Vanity

Laundry

  • Laundry in Hall
  • Washer and Dryer

Schools

  • Widen Elementary School
  • Mendez Middle School
  • Akins High School

Additional Features

  • Accessible Kitchen
  • Central Air

Community Details

  • Arbor Ridge Subdivision
  • Gated Community

Listing and Financial Details

  • Security Deposit $1,750
  • Tenant pays for all utilities
  • The owner pays for association fees, HVAC maintenance
  • Negotiable Lease Term
  • $100 Application Fee
  • Assessor Parcel Number 853003

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees, HVAC Maintenance
  • Tenant Pays: All Utilities
  • Pets Allowed: Dogs OK, Small (< 20 lbs)
  • Available Date: 2026-01-01
  • App Deposit Payable To: Landlord
  • App Fee Payable To: online
  • Application Fee: 100
  • Application Policy: Best Qualified Application
  • Application Required: See Attached
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 2
  • Monthly Pet Rent: 150
  • Pet Deposit: 300
  • Max Lease Months: 24

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Direction Faces: East
  • Directions: From I-35, take the William Cannon Dr exit and head east. Turn right on McKinney Falls Pkwy, then left on Thaxton Rd. Turn right on Falling Leaf Ln; the property will be on the right.
  • Disclosures: Seller Disclosure
  • Garage Spaces: 2
  • Lease Term: Negotiable
  • Levels: Two
  • Living Area: 1524
  • Attribution Contact: (830) 257-4000
  • FEMA Flood Plain: No
  • Current Price By Living Ar: 1.15
  • "Current Price By Original ": 1.00
  • List Price By Living Area: 1.15
  • List Price By Original Lis: 1.00
  • Complex Name: Arbor Ridge
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Two Primary Baths, Ceiling-High, Chandelier, Granite Counters, Double Vanity, Open Floorplan, Pantry
  • Flooring: Carpet, Tile
  • Accessibility Features: Central Living Area, Accessible Kitchen
  • Appliances: Electric Range, Refrigerator, Washer/Dryer
  • Security Features: See Remarks
  • Laundry Location: In Hall

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard, Restricted Access
  • Roof: Composition
  • Pool Features: None
  • Private Pool: No
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Additional Parking, Driveway, Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air

Association/Amenities

  • Community Features: Curbs, Gated

Condo/Co-op/Association

  • Managed By: Owner

Schools

  • Elementary School: Widen
  • High School: Akins
  • Middle/Junior School: Mendez
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Landscaped
  • Parcel Number: 853003
  • Subdivision Name: Arbor Ridge

Building Info

  • New Construction: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 20, 2023
Sold by
Catalano Christy
Bought by
Waters Thomas T and Waters Alane
Seller's Agent
Jill Whiteside-Schavrda
Compass RE Texas, LLC
Buyer's Agent
Matthew Henson
Agency Texas Inc
List Price
$395,000
Views
60
Current Estimated Value
$296,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.92%
Original Mortgage
$275,250
Outstanding Balance
$267,472
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$28,914
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waters Thomas T -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Thomas T $275,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2026 02/12/26 Rented $1,750 0.0% --
01/27/2026 01/27/26 For Rent $1,750 0.0% --
07/20/2023 07/20/23 Sold -- -- -- View Prior Sale
06/12/2023 06/12/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $369,000 -4.0% $242 / Sq Ft
05/24/2023 05/24/23 Price Changed $384,500 -2.7% $252 / Sq Ft
05/11/2023 05/11/23 For Sale $395,000 -- $259 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,630 $275,110 $29,590 $245,520
2023 $6,786 $283,967 $0 $0
2022 $5,098 $258,152 $0 $0
2021 $5,108 $234,684 $29,590 $223,974
2020 $4,576 $213,349 $25,400 $187,949
2018 $4,554 $205,700 $25,400 $198,422
2017 $4,170 $187,000 $25,400 $179,600
2016 $3,791 $170,000 $25,400 $144,600
2015 -- $146,753 $25,400 $121,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2299494

Unlock MLS (Austin Board of REALTORS®)

APN: 853003

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