14423 Ridgetop Terrace is a rare gated waterfront estate positioned
along more than 200 feet of deep-water shoreline on Lake Travis.
Set on an expansive, flat waterfront parcel with manicured grounds,
the property offers a true private-resort experience with privacy,
scale, and usability that is increasingly difficult to find on the
lake. The main residence blends thoughtful architecture with
relaxed sophistication, designed for both everyday living and
effortless entertaining. Interior amenities include a private
elevator, executive office, immersive home theater, and multiple
gathering spaces. At the heart of the home, the chef's kitchen
features an oversized island, premium appliances, custom cabinetry,
and a large walk-in pantry, with multiple dining areas that flow
seamlessly for entertaining. A dedicated wine room further elevates
the home's hosting capabilities. The primary suite serves as a
private retreat with a fireplace, sweeping views of Lake Travis, a
covered terrace, spa-inspired bath with soaking tub, and an
oversized walk-in closet. Generous secondary bedrooms provide
comfort for guests, while the lower level includes a private guest
suite and a dedicated bunk room ideal for lake weekends and
holidays. Indoor-outdoor living is central to the estate, offering
more than 4,000 square feet of covered outdoor living space. A
lower-level living and game room opens to an expansive covered
patio and full summer kitchen with grill, smoker, bar,
refrigerator, and dining area. The resort-style pool and spa are
complemented by a large fire pit, while the expansive flat lawn
provides rare usable waterfront space. A private funicular and
staircase lead to the impressive two-story boathouse with dual boat
slips, jet ski lifts, a mini kitchen, bar, and generous lounging
areas for enjoying Lake Travis sunsets. A separate 1/1 casita with
full kitchen and living room provides ideal accommodations for
guests or staff, completing this exceptional Lake Travis estate.
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.
Last updated: 2 months ago (Unlock MLS #ACT8871302)
Price History
Date / Event
Date
Event
Price
Sep 4, 2026
Price Decreased
$6,200,000
↓ $600K
(8.8%)
Price Decreased
Jul 15, 2026
Withdrawn
-
Withdrawn
Mar 26, 2026
Listed by Compass RE Texas, LLC
$6,800,000
Listed by Compass RE Texas, LLC
Feb 12, 2026
Listed by Compass RE Texas, LLC - Austin
$6,800,000
Listed by Compass RE Texas, LLC - Austin
14423 Ridgetop Terrace is a gated Lake Travis estate offering over 200 feet of deep-water shoreline on a rare, flat waterfront lot. The thoughtfully designed residence blends sophistication and comfort with a private elevator, executive office, theater, wine room, and a chef’s kitchen with oversized island and walk-in pantry. The primary suite captures sweeping lake views and features a fireplace, covered terrace, and spa-style bath.
More than 4,000 SF of covered outdoor living includes a summer kitchen, expansive patio, resort-style pool and spa, fire pit, and generous lawn at the water’s edge with lakeside fireplace. A private funicular leads to an oversized two-story boathouse with dual slips, jet-ski lifts, and lounge areas. A detached 1-bedroom guest house with full kitchen provides ideal guest privacy.
Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Gated, Door-Multi
Garage Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Breakfast Bar, Cathedral Ceiling(s), Elevator, Pantry, Recessed Lighting, Walk-In Closet(s), Ceiling-High, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main
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