2601 Cedar Ridge Road
About This Property
This exceptional property perfectly blends historic charm with modern sophistication in a serene, tree-filled setting. From the inviting cedar shake exterior and brick paver walkway to the original hardwood floors and exposed wood beams, every detail reflects character, craftsmanship, and timeless appeal.
At the heart of the home, a freestanding double-sided wood-burning stove framed by handsome brick columns connects the main living and dining areas, creating warmth and architectural drama. The chef-inspired kitchen is a showpiece, featuring butcher block countertops, a generous island with seating and hidden storage, and designer pendant lighting, all overlooking the tranquil landscape beyond.
Distinctive touches throughout - herringbone brick floors, vintage tile in the guest bath, and built-in bookcase nooks - add layers of style and personality.
Step outside to your private backyard oasis, complete with towering mature trees, an expansive patio for outdoor dining, a firepit for cozy evenings, and your very own creek running along the back of the property - a rare and peaceful retreat right in the heart of Waco.
The property showcases numerous recent upgrades, including a new roof, enhanced systems, and the addition of a fully built-out guest apartment with a private entrance. This versatile space is ideal as a short-term rental, private office, or guest quarters, offering its own kitchenette, full bath, and living area. Completing the estate is a two-story barn with 870 sq. ft. of powered loft space, perfect for a studio, workshop, or additional creative retreat.
Experience refined living and natural beauty combined, where craftsmanship meets comfort in one of Waco's most coveted settings.
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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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Turner Brothers Real Estate, LLC | $615,000 | |
| Listed by Turner Brothers Real Estate, LLC | |||
| Jul 25, 2022 | No longer available | - | |
| No longer available | |||
| Jul 21, 2022 | Listed by Keller Williams Realty - Waco | $459,900 | |
| Listed by Keller Williams Realty - Waco | |||
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THIS IS A SPECIAL KIND OF PLACE SNUGGLED IN A CHOICE SETTING! You will feel welcome from the minute you pull into the driveway, walk up the brick pavers and view the refreshing color of the cedar shake exterior. Walk inside and you will be captivated in all directions...Original hardwood floors, a beautiful two sided free standing wood burning stove accented on both sides by brick columns and wood beams reminiscent of old world charm, a brick floor laid out in a herringbone pattern in the dining room and oh the view...the backyard is a land of trees, patio picnics, s'mores' around the firepit, the perfect place to start your morning or unwind at the end of the day. A complete kitchen renovation includes a very spacious island, beautiful butcher block countertops, tons of counter space and cabinet space and ample island seating with additional storage underneath. Making dinner while enjoying your backyard view will warm your heart! Don't forget to look up and check out the pendant lighting above the island. Every room has a special touch that deserves your attention whether it is the original decorative tile floor in the guest bath or the built-in bookshelf nook tucked into the den adjacent to the bay window or the half bath just off the entryway. Each room is painted with sunshine! As an added bonus, there is an unfinished guest apartment with its own entrance on the left side of the house. This could also be a great spot for a home office or hobby area. Add a few finishes and it will be ready to go with a small kitchen, full bathroom and living area. And if you need another get away space, check out the two story barn with stairs to the loft area. This is an additional 870 sqft of useable space with electricity! Call us today and make this house your HOME! The manager has listed the unit size as 2668 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017