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321 Ridgeway LN
About This Property
Inside, large windows fill the open-concept main level with natural light. The spacious kitchen opens to the dining area and great room, which makes busy weeknights and weekend gatherings feel effortless. From the great room, step straight onto the covered patio, where the built-in outdoor kitchen turns cookouts and casual dinners into the main event.
The main-level primary suite is a private retreat with single-level convenience. Nearby, the dedicated study adapts to how you live, whether that's a home office, or extra living space. Upstairs, the central loft is ready for movie nights, a playroom, or a place to unwind, and the generously sized secondary bedrooms and baths give everyone their own space.
The interior design keeps things warm and welcoming. Warm-toned wood flooring, plush carpet, and coordinating tile create a cozy foundation. Every selection feels intentional, giving the home a custom look rather than a typical spec-home feel.
Then there's the setting. Bluff Haven is an intimate community of just 105 homesites on 21 acres, set along a bluff in one of Georgetown's fastest-growing corridors. A scenic trail at the end of the community leads to the city parks and Georgetown Lake, with connections to the South San Gabriel River trails.
You're close to shopping, dining, entertainment, major employers, Wolf Ranch, and historic Downtown Georgetown. I-35 is less than two miles away, and Downtown Austin is approximately 30 miles away. The community is zoned to Georgetown ISD, including Wolf Ranch Elementary, James Tippit Middle School, and East View High School.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Price Decreased |
$574,990
↓ $59K
(9.3%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$633,990
↓ $16K
(2.5%) | |
| Price Decreased | |||
| Apr 19, 2026 | Listed by First Texas Brokerage Company | $649,990 | |
| Listed by First Texas Brokerage Company | |||
Property Highlights
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About Georgetown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017