132 Aledo Ridge Road
About This Property
Inside, wide-plank hardwood flooring sets the tone, complemented by a striking moody study and a spacious living area anchored by a custom fireplace and exposed beam detailing. The open-concept layout flows seamlessly into a chef's kitchen equipped with double ovens, premium appliances, a 141-bottle wine refrigerator, marble surfaces, custom cabinetry, walk-in pantry, and tongue-and-groove wood ceiling accents.
A separate wing delivers exceptional entertaining spaces including a game room with full wet bar, ice maker, and refrigerator, along with a dedicated media room. Whole-home surround sound with multi-zone capability enhances the experience throughout.
The primary suite offers a private retreat with dual vanities, dedicated makeup station, freestanding soaking tub, oversized walk-in shower, and expansive custom closet. All secondary bedrooms feature private en-suite baths, providing ideal accommodations for guests.
Outdoor living is equally impressive with a resort-style pool, water feature, outdoor fireplace, covered patio with dining and living space, and hibachi-style griddle. Expansive acreage provides privacy, sweeping views, and room to expand. Additional highlights include a full-property security camera system and access to highly regarded Aledo ISD.
A rare opportunity to own a newer custom estate offering elevated design, modern functionality, and expansive land in a gated community.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Compass RE Texas, LLC | $1,485,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017