700 Ledge Stone DR
About This Property
A dramatic two-story foyer welcomes you into bright, open living spaces where soaring ceilings, rich wood floors, and expansive windows showcase the stunning views beyond. At the heart of the home, the kitchen is designed for gathering, featuring a large center island, breakfast bar, stainless steel appliances, and ample storage, all opening seamlessly to the living room and its inviting fireplace.
Privately situated on the main level, the primary suite offers a peaceful retreat with beautiful views, a soaking tub, separate shower, dual vanities, and an oversized walk-in closet.
Upstairs, four additional bedrooms are complemented by a large second living area, creating a comfortable space for gathering, relaxing, or movie nights.
Step outside to enjoy the covered patio and terrace, where breathtaking sunsets and greenbelt views provide the perfect backdrop for outdoor dining, entertaining, or simply unwinding at the end of the day. Complete with an oversized 3-car garage, energy-efficient construction, and convenient access to Highway 290, this exceptional home offers a rare opportunity to enjoy space, privacy, and a peaceful setting just minutes from downtown Dripping Springs and an easy drive to Austin.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 10, 2026 | Price Decreased |
$760,000
↓ $39K
(4.9%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Kuper Sotheby's Int'l Realty | $799,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017