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10233 Chestnut Ridge RD
About This Property
The open-concept layout features a large kitchen with a breakfast bar, pantry, and dining nook overlooking the backyard. A formal dining room and dedicated home office add versatility to the main level. Wood and tile flooring run throughout the primary living areas for style and easy maintenance.
Ideal for multigenerational living, the thoughtfully designed floor plan includes two bedrooms and two full baths downstairs, including the primary suite and an additional bedroom for guests or family members. Upstairs, a spacious family room provides additional living space, along with a second suite, two generously sized secondary bedrooms connected by a Jack-and-Jill bath, and a fourth full bathroom.
Outside, the expansive backyard features mature trees, a paver stone patio, and plenty of space for gardening, play, or outdoor entertaining.
Located in a highly desirable neighborhood with beautiful landscaping, parks, trails, tennis courts, and a community pool, this home is just 0.4 miles from Canyon Creek Elementary and also zoned to highly acclaimed Westwood High School.
Recent updates include a new roof (2025), one new HVAC system (2025), and a new fence (2021). Combining abundant natural light, a versatile layout, and an outstanding location, this home offers an exceptional opportunity in one of Austin's most sought-after communities.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2026 | In contract | - | |
| In contract | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Redfin Corporation | $749,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017