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5403 Ridge Oak DR
About This Property
Completely rebuilt from the ground up, this residence sits on one-third of an acre and features 6 bedrooms, including 2 primary suites, 4 bathrooms, a dedicated office, downtown Austin views, and multiple living areas.
White oak floors, soaring ceilings, and expansive Pella windows fill the home with natural light while framing views of the surrounding trees and city skyline. The kitchen features imported European cabinetry, waterfall porcelain countertops, Wolf appliances, Sub-Zero refrigeration, double ovens, and a hidden pantry.
A rare dual-primary layout provides exceptional flexibility for modern living. The main suite captures downtown views with a spa-inspired bath featuring a full wet room, natural stone finishes, and an illuminated walk-in closet. The second suite feels immersed in the surrounding trees. Four additional bedrooms and a dedicated office provide flexibility for families, guests, and remote work.
The lower level features a second living area, hidden speakeasy, and bar.
Over $160,000 was invested in the landscape design, creating a private retreat with mature trees, a fire pit, turf dog run, and room for a future pool.
Nearly every component of the home was rebuilt, including plumbing, electrical, HVAC systems, roofing, windows, landscaping, and finishes. Additional features include four HVAC systems, tankless water heaters, a 600-amp electrical service, EV charger, and a two-car garage.
Located minutes from downtown Austin, The Domain, premier dining, shopping, parks, and schools, this presents a rare opportunity to own a turnkey luxury residence in one of Central Austin's most desirable neighborhoods.
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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 22, 2026 | Price Decreased |
$3,175,000
↓ $320K
(9.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$3,495,000
↓ $190K
(5.2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$3,685,000
↓ $50K
(1.3%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Kuper Sotheby's Int'l Realty | $3,735,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017