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Map
702 W Oak Ridge DR
About This Property
Situated on the peaceful corner of a tree-lined cul-de-sac, this fully fenced property offers privacy and serenity. What began as a spark of inspiration evolved into a complete re-imagining of the space. Every detail is brand new, from the beautiful SPC wide plank oak flooring underfoot to the calming sage green accents that flow throughout, creating an environment of peaceful elegance.
For those seeking even more space and potential, the adjacent lot behind, is also available for purchase, offering endless possibilities.
Step outside and immerse yourself in nature's beauty. Enjoy moments of stillness by the nearby lakes and rivers, unwind at Horseshoe Bay Resort, or explore the Balcones Wildlife Refuge and state parks. Spring brings fields of vibrant bluebonnets and wildflowers, a gentle reminder to stay present and appreciate the natural world.
Located just an hour from Austin and a few minutes from downtown Marble Falls, this home strikes the perfect balance between rural tranquility and urban convenience. Whether you're drawn to quiet reflection, historic Main Street entertainment or outdoor adventure, this property offers an invitation to live with intention, joy and ease.
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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 |
|---|---|---|---|
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Keller Williams - Lake Travis | $520,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 29, 2024 | Listed by Moreland Properties | $317,500 | |
| Listed by Moreland Properties | |||
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Don't compromise on convenience! Located close to everything in Marble Falls with easy access and routes to all schools, HEB, WALMART, Chick-Fil-A, while being located in a large-lot country setting of Marble Falls. Over 1/3 of an acre corner lot. Flat and fenced back yard. This home offers lots of options with the floorplan. Set up as a 3 bedroom, 2.5 bath with 2 living areas PLUS flex space. Large outdoor patio. Fully fenced back yard ready for kids and pets! Separate storage building included in sale. 2nd living area could be office, Fourth bedroom, etc. Enclosed porch area could be exercise room, hobby area, play room. Lots of closets. No HOA. Listed for over $32K less than BCAD Appraised value! Excellent option for families or investment as a rental. No HOA/POA. New homes in the area. **Opportunity to purchase adjoining .5 acre lot behind the home.** Rare Opportunity!
Listing Agent has familial relationship with Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017