Property Profile: 16216 Zagros Way
Background
16216 Zagros Way is a residential property located in the Falconhead West neighborhood of Bee Cave, Texas, a suburb of Austin. The property is a single-family home built in 2009, featuring 5 bedrooms and 4 bathrooms, with a total living area of approximately 4,153 square feet. It is situated on a 0.24-acre lot and includes a 3-car garage. The home is designed with high ceilings, granite countertops, and a combination of carpet, tile, and wood flooring. Notable features include a heated in-ground pool with a waterfall, an outdoor kitchen, and a media room equipped with HD projection and screen. The property is part of the Falconhead West Homeowners Association, which charges a quarterly fee of $150 for common area maintenance.
Key Strategic Focus
As a residential property, 16216 Zagros Way's strategic focus is on providing a high-quality living environment with luxury amenities. The home is designed to cater to families seeking spacious accommodations and modern conveniences in a suburban setting. Its location in the Falconhead West neighborhood offers access to community features such as common grounds, playgrounds, and trails, enhancing its appeal to potential buyers.
Financials and Funding
The property was listed for sale at $1,275,000 in April 2025. The listing was updated with a price reduction to $1,200,000 in May 2025. The home was sold on September 22, 2025, for an undisclosed amount. The annual property tax for 2024 was $15,114, based on an assessed value of $930,259.
Pipeline Development
As a residential property, 16216 Zagros Way does not have a pipeline of products or services. Its value proposition lies in its established features and amenities, catering to the needs of potential homeowners.
Technological Platform and Innovation
The property incorporates modern technological features, including a media room with HD projection and screen, a sound system, and a tankless water heater. These amenities enhance the living experience by providing entertainment options and energy efficiency.
Leadership Team
As a residential property, 16216 Zagros Way does not have a leadership team. The property is managed by the Falconhead West Homeowners Association, which oversees common area maintenance and community affairs.
Market and Competitor Profile
Market Insights and Dynamics
The real estate market in Bee Cave, Texas, is characterized by a mix of single-family homes and townhomes, with a median sale price of approximately $832,000 as of November 2025. The area offers a suburban lifestyle with access to urban amenities, making it attractive to families and professionals. The presence of quality schools, such as Bee Cave Elementary and Lake Travis High School, adds to the area's appeal.
Competitor Analysis
In the Falconhead West neighborhood, properties similar to 16216 Zagros Way include:
- 16220 Zagros Way: A 5-bedroom, 4-bathroom home with 4,062 square feet of living space, listed at $1,349,900 in May 2022.
- 16225 Zagros Way: A 4-bedroom, 4-bathroom home with 3,616 square feet of living space, listed at $489,000 in March 2012.
These properties offer similar amenities and are located within the same neighborhood, providing comparable living options for potential buyers.
Strategic Collaborations and Partnerships
As a residential property, 16216 Zagros Way does not engage in strategic collaborations or partnerships. Its value is derived from its location, design, and amenities, which appeal to prospective homeowners.
Operational Insights
The property's location in the Falconhead West neighborhood provides access to community features such as common grounds, playgrounds, and trails, enhancing its appeal to families and individuals seeking an active lifestyle. The proximity to quality schools and shopping centers, like the Hill Country Galleria, adds to its attractiveness. The annual property tax of $15,114 is a consideration for potential buyers when evaluating the total cost of ownership.
Strategic Opportunities and Future Directions
As a residential property, 16216 Zagros Way's future direction is tied to the real estate market dynamics in the Bee Cave area. Potential opportunities include:
- Market Positioning: Emphasizing the property's luxury amenities and prime location to attract discerning buyers.
- Maintenance and Upgrades: Ensuring the property remains well-maintained and considering updates to keep it competitive in the market.
- Community Engagement: Leveraging the Falconhead West community's features to enhance the property's appeal.
Contact Information
For inquiries about 16216 Zagros Way, potential buyers can contact the listing agent, Julie Reistrup of Keller Williams - Lake Travis.