1904 Cedar Ridge DR
About This Property
The main level features two generously sized bedrooms and a full bath, making it ideal for guests, extended family, or a dedicated workspace. The open flow between the living, dining, and kitchen areas creates an inviting space for gatherings, while the spacious laundry room adds everyday convenience.
Upstairs, the primary suite awaits with its own private balcony-an intimate retreat for morning coffee or quiet evenings. Another bedroom upstairs also offers a private balcony, while the additional bedrooms are equally large and filled with natural light. With recent windows and carpet, the home is move-in ready, blending modern updates with timeless comfort.
For car enthusiasts or those seeking extra storage, the garage is a rare find in this area-a 3–5 car setup (with lifts possible), featuring soaring 10' ceilings that maximize flexibility and function.
Step outside and enjoy all that East Travis Heights has to offer. Just minutes away, you'll find Lady Bird Lake, the Hike and Bike Trail, Blunn Creek Greenbelt, and the vibrant shops and restaurants of South Congress Avenue. Favorite spots like Perla's, Jo's Coffee, and Home Slice Pizza are right around the corner, while downtown Austin and the iconic Rainey Street district are only a short drive away.
This home combines generous space, modern updates, and a coveted location in one of Austin's most beloved neighborhoods-ready to welcome you into its story.
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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 |
|---|---|---|---|
| Mar 14, 2026 | No longer available | - | |
| No longer available | |||
| Sep 11, 2025 | Listed by Compass RE Texas, LLC | $875,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017