Welcome to 414 Wesley Ridge Drive, a newly built home in The Point
at Ridge Harbor, a gated waterfront community on Lake Travis in
Spicewood, Texas, where you will find the special balance of
community, nature, and wildlife. The lifestyle here encompasses a
community pool, boat marina, custom homes, and neighbors you will
often see getting around by golf cart. Enjoy a floor plan that
offers four bedrooms, plus office and two flex spaces, giving you
additional rooms to customize. With 2,669 square feet on a .337
acre lot, the home lives large with an open concept main level
featuring the primary suite, a secondary bedroom, full bath, and a
dedicated office. Upstairs, you will find two more bedrooms, a full
bath, and two separate flex spaces that give the home rare
flexibility, accommodating a growing family, guests, or creative
use. If you are looking for a special balance of community blended
with nature and wildlife, this is it. You can boat, fish, hike,
bike, or ride right from your doorstep, with nearby equestrian
facilities, LCRA parks, and even a nearby private airport. Beyond
the community, the location also offers strong long term value with
thoughtful nearby growth, including Thomas Ranch, which is expected
to bring a walkable city center with dining and shops to the area,
with a stated focus on respect for nature and preservation. 414
Wesley Ridge Dr is a must see. Schedule your private tour today.
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.
Last updated: 3 months ago (Unlock MLS #ACT2502925)
Price History
Date / Event
Date
Event
Price
Jul 22, 2026
Price Decreased
$685,000
↓ $14K
(2%)
Price Decreased
Jun 25, 2026
Price Decreased
$699,000
↓ $15K
(2.1%)
Price Decreased
May 23, 2026
Listed by Christies Intl Real Estate Lone Star
$714,000
Listed by Christies Intl Real Estate Lone Star
Sep 18, 2025
No longer available
-
No longer available
Jul 31, 2025
Price Decreased
$729,900
↓ $19K
(2.6%)
Price Decreased
May 19, 2025
Price Decreased
$749,000
↓ $30K
(3.9%)
Price Decreased
Mar 31, 2025
Listed by Keller Williams - Lake Travis
$779,000
Listed by Keller Williams - Lake Travis
** ASK ABOUT SPECIAL FINANCING on this home for a limited time.**
Welcome to your dream home at 414 Wesley Ridge Drive in The Point at Ridge Harbor. This custom-built gem sits on a spacious .337-acre lot and offers impressive curb appeal with an extended wrap-around front porch accompanied by meticulous design and landscaping. Step inside to discover an inviting open floor plan, accentuated by elegant tray ceilings and an abundance of modern details. The heart of the home, the living room, boasts a luxurious fireplace with built-in bookshelves, creating the perfect ambiance for relaxation or entertaining. Culinary enthusiasts will be delighted by the kitchen's stainless steel appliances, ample center island with bar top seating, convenient pantry, and adjacent dining area. The home office, featuring French doors, seamlessly integrates work and leisure within the main living space. Secluded for privacy, the primary suite is a haven of tranquility, complete with a full bath featuring a dual vanity, garden tub, spa-style shower, and walk-in closet. Upstairs, all guest bedrooms and a versatile flex space awaits, ideal for a media room or game room. Outside, the private backyard invites you to unwind on the covered patio, offering a serene retreat. This property is further enhanced by the neighborhood's unbeatable amenities, including a marina, pool, playground, tennis courts, and a lakeside park, all designed to enrich your living experience. Don't miss the chance to make this modern and tranquil retreat your next adventure.
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