1158 Ridgeway DR #A
About This Property
Entering the home, you're welcomed by 10' ceilings, oversized windows, and polished concrete floors which combine to create a bright, open-concept living space. The kitchen anchors the main level with dark stained cabinetry, granite countertops, a mosaic tile backsplash, stainless steel appliances, and a generous island with seating. French doors lead to a private backyard oasis complete with an insulated Cowboy pool, string-lit bamboo privacy screening, and durable Trex decking - a rare outdoor escape this close to the city center.
Upstairs, hardwood floors run through a versatile floor plan which boasts 3 bedrooms plus an additional flex living space, ideal for those that work from home. Each bedroom features vaulted ceilings, adding to the home's airy and open feeling.
Additional highlights include a 1-car garage plus additional reserved parking spot, low-maintenance landscaping, and new fencing. This home puts you close to East Austin's best restaurants, coffee shops, and nightlife while still offering a quiet, private retreat at the end of the day. Zoned to nearby Oak Springs Elementary School, which is currently undergoing a $47 million upgrade and will reopen in 2028 as boon for the community. Next door is the Ostillo Art Foundation, a space for contemporary art exhibitions and cultural programs.
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$695,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Compass RE Texas, LLC | $700,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/08/2018
| |
3 Bed
|
3 Bath
|
1724 ft²
|
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3 Bed
3 Bath
1724 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017