222 Wesley Ridge DR
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 4, 2026 | Relisted | $125,000 | |
| Relisted | |||
| Jul 31, 2026 | No longer available | - | |
| No longer available | |||
| Apr 2, 2025 | Listed by Keller Williams Realty | $125,000 | |
| Listed by Keller Williams Realty | |||
| Jul 20, 2024 | No longer available | - | |
| No longer available | |||
| Aug 19, 2023 | Listed by Keller Williams Realty | $154,900 | |
| Listed by Keller Williams Realty | |||
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Located in the highly desirable community of Ridge Harbor, this gated waterfront community is located in the Texas Hill Country on the south shore of Lake Travis. Ridge Harbor offers two private boat launches, a boat marina with 45 covered boating slips + 10 PWC slips (for sale or rent, depending on availability), gorgeous swimming pool center with covered space including BBQ grills, children’s playground, park with picnic tables down by the water’s edge shaded by stunning Live Oak trees, tennis courts, and pickleball courts. Due to topography, this lot may offer a view of Lake Travis from the second story. Additionally, this lot can offer an entrance from both sides of the property if desired. Great access for a boat. Nearby restaurants and entertainment to include Willy Nelson’s Luck Reunion, Iron Wolf Ranch and Distillery, Stonehouse Vineyards, El Gaucho Winery, Pooties Hilltop Roadhouse, J5 Steakhouse, Angel’s Ice House, Krause Springs, Pace Bend and Muleshoe Park and more. The Hill Country Galleria in Bee Cave is approximately 30 minutes. 30 mins to Horseshoe Bay, and 25 mins to downtown Marble Falls. Dripping Springs, Fredericksburg, and Enchanted Rock are only a short trip. This lot is not builder restricted, however Buchanan Builders is a well established local custom home builder in Spicewood that offers a great incentive to build. Hill Country and lake living at it’s finest. Very low tax rate of 1.62%. Call to schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017