9
Map
$699,000
↓ $50K (6.7%)
●
Land -
For Sale
6304 Rusty Ridge DR
Balcones, TX 78731
Studio
0 Bath
$4,582
Est. Monthly
About This Property
Discover an exceptional opportunity to build your dream home on one
of the largest available lots in highly coveted Northwest Hills.
Nestled in one of Austin's most established and desirable
neighborhoods, this expansive homesite offers multiple
possibilities to create a custom residence tailored to your vision.
Bring your builder and architect and take advantage of the generous
lot size, mature surroundings, and the potential for beautiful
second-story views. Located within the highly acclaimed Austin ISD,
this property feeds to Doss Elementary School, Murchison Middle
School, and Anderson High School. Enjoy the charm, convenience, and
community of Northwest Hills while designing a home that fits your
lifestyle. Opportunities like this - oversized lots with premier
school zoning and view potential - are increasingly hard to find.
Unit Size
-
Days on Market
-
Land Size
0.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,150
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 10 days ago (Unlock MLS #ACT1868583)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2026 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$749,000
↓ $31K
(4%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by Bramlett Partners | $780,000 | |
| Listed by Bramlett Partners | |||
| Aug 2, 2026 | No longer available | - | |
| No longer available | |||
| Jul 1, 2026 | Price Decreased |
$780,000
↓ $70K
(8.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Exterior Details
Property Condition: To Be Built
Waterfront Features: None
Other Structures: None
Lot Features: Interior Lot, Sloped Up, Public Maintained Road
Lot Size Area: 35422.99
Lot Size Units: Square Feet
Lot Size Acres: 0.8132
Lot Size Square Feet: 35422.99
Water Source: Public
Financial Details
Tax Map Number: 7
Tax Assessed Value: $674,100
Tax Annual Amount: $13,795
Utilities Details
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Hills - Far West
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Listed by: Arlene Maze
Listed Office: Bramlett Partners - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2026-09-20 04:01:46
Data Source: Unlock MLS, MLS# ACT1868583
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Bramlett Partners - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2026-09-20 04:01:46
Data Source: Unlock MLS, MLS# ACT1868583
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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