111 Ridge Harbor DR
About This Property
The kitchen includes display shelves, glass and closed cabinets, wine rack, stainless steel appliances, apron-front sink, and pantry with pullout shelves. A large window frames a front-yard view, and there's even a cute window box for your plants.
Two bedrooms with their own en suite baths are positioned on opposite sides of the living room for privacy. Designed with relaxation in mind, the primary bedroom has large windows for enjoying the countryside and its own door to the back porch. Its bath has a spacious vanity with dual sinks, 2 linen closets, a large walk-in closet, and soaking tub/shower with mosaic accents and stacked stone skirting. The 2nd bedroom features peaked ceilings, wood walls, a sliding barn door, bath with shower, plus a large walk-in storage closet and locking owner's closet.
Depending on rainfall, the property may be adorned with spring bluebonnets or feature a 2-3 acre wet-weather pond. Low-maintenance native plants minimize upkeep. The home has a circle drive, convenient porte cochere by the front door, and a detached garage/shop with space for recreational equipment. Enjoy Ridge Harbor amenities like the swimming pool, waterfront park, tennis/pickleball courts, playground, and boat launch. Marina boat slips available as space allows. Just minutes from Lake Travis, wineries, and the Hill Country Galleria, there's always something to do or experience!
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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 |
|---|---|---|---|
| Jun 16, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Feb 7, 2025 | Listed by Compass RE Texas, LLC | $550,000 | |
| Listed by Compass RE Texas, LLC | |||
| Mar 31, 2023 | No longer available | - | |
| No longer available | |||
| Jan 6, 2023 | Price Decreased |
$695,000
↓ $65K
(8.6%) | |
| Price Decreased | |||
| Oct 30, 2022 | Price Decreased |
$760,000
↓ $55K
(6.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017