19A Ridge Harbor DR
About This Property
The property features a level build site that has been opened up, creating a clean and highly usable canvas for future construction. With a minimum 2,500 sqft build requirement and no builder restrictions, buyers have flexibility in designing their home. The size and layout of this lot comfortably support a detached garage/workshop, pool, and backyard setup, all subject to ACC approval. Utilities are readily available, including private water and sewer via Corix, underground electric, and fiber internet.
Ridge Harbor is known for its access to Lake Travis and strong amenity package, including two private boat launches, a marina with slips available for purchase or lease when available, a community pool, tennis and pickleball courts, and a waterfront park with grilling areas.
Spicewood continues to gain momentum as one of the more active areas in the Hill Country, offering a balance of space, recreation, and accessibility. Nearby attractions include Krause Springs, Muleshoe Bend Park, and The Grelle, along with local wineries, golf courses, and the nearby Spicewood Airport (88R). The location provides convenient access to Austin, Marble Falls, and the Lakeway/Bee Cave corridor. A notably low property tax rate of approximately 1.32% further adds to the long-term appeal compared to many surrounding areas.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Listed by Keller Williams Realty | $185,000 | |
| Listed by Keller Williams Realty | |||
| Aug 5, 2019 | No longer available | - | |
| No longer available | |||
| Jun 12, 2019 | Relisted | $110,000 | |
| Relisted | |||
| May 25, 2019 | No longer available | - | |
| No longer available | |||
| Feb 21, 2019 | Listed by Keller Williams - Lake Travis | $110,000 | |
| Listed by Keller Williams - Lake Travis | |||
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Beautiful Hill Country Premium Lot available to build your Custom Home. The gated neighborhood & large build site offer plenty of serenity and privacy. Lake Travis access through the community Marina. Amenities include a community pool, sports courts & a waterfront park. Ridge Harbor delivers a tranquil lake lifestyle conveniently located minutes away from Lakeway, Marble Falls & Austin. Preferred builder list available upon request. Electricity & water in place, saving thousands of construction dollars
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017