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1311 Osprey Ridge LOOP
About This Property
Positioned along a protected cove with views toward the broader waters of Lake Travis, the property offers a balance many waterfront buyers seek. Enjoy the beauty of lakefront living while benefiting from a calmer shoreline environment that feels private and removed from the activity often found on the main body of the lake.
The gentle slope toward the water may provide added design flexibility compared to steeper waterfront terrain. Future owners may be able to incorporate outdoor living spaces, covered patios, view decks, walls of glass, and indoor-outdoor entertaining areas designed around the lake setting.
Waterford offers a private residential atmosphere while remaining convenient to the amenities that make Lago Vista a popular destination for full-time residents and second-home owners. Nearby attractions include marinas, golf courses, wineries, restaurants, coffee shops, parks, and Lago Vista ISD. Lago Vista Airport is just minutes away, while shopping, healthcare, and major employment centers throughout the Austin area remain accessible.
Waterfront lots in established gated communities on Lake Travis are becoming increasingly difficult to find. With attractive water views, a peaceful cove setting, and the opportunity to design a custom waterfront retreat, 1311 Osprey Ridge Loop presents a rare chance to build in one of Lago Vista's premier lakefront communities. Seller is motivated, and competitive owner financing may be available.
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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 13, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$499,000
↓ $51K
(9.3%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by Keller Williams - Lake Travis | $550,000 | |
| Listed by Keller Williams - Lake Travis | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017