839 Wesley Ridge DR
About This Property
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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 |
|---|---|---|---|
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by Compass RE Texas, LLC | $1,095,000 | |
| Listed by Compass RE Texas, LLC | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Keller Williams Realty | $1,199,900 | |
| Listed by Keller Williams Realty | |||
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839 Wesley Ridge is a stunning residence nestled in the Ridge Harbor community of Spicewood, near mile 46 of Lake Travis. The exquisite home, situated on just over an acre, seamlessly combines elegance & natural beauty. One of the standout features is the beautifully designed backyard. The property boasts a private pool & spa, perfect for enjoying the serene surroundings & stunning sunset views. Native xeriscape landscaping, combined with a bonus-sized lot that extends down the hill, creates a natural retreat that’s rare in today’s communities. The covered porch and gazebo, both with motorized retractable shades/awnings, offer shaded spaces for relaxation & dining, ideal for summer barbecues & quiet evenings. The entire back is thoughtfully designed, ensuring that there’s always a perfect spot for your needs. Inside, you'll be greeted by a foyer with stone arched walls that add a touch of grandeur. The spacious living area is highlighted by abundant natural light & a stone fireplace creating an inviting atmosphere for both relaxation & entertaining. The large granite island in the kitchen serves as a focal point for casual meals & gatherings, while the seamless flow enhances the home's functionality. The primary bedroom, tucked away on one side of the home, offers breathtaking views to the back. The primary bath includes granite dual vanities, a garden tub, & an oversized walk-in shower. Secondary bedrooms offer comfort & privacy as each include an ensuite bath. Known for its friendly atmosphere & active lifestyle, community amenities include tennis, pickle-ball, & waterfront park areas. Boaters will appreciate easy access to a marina. From its luxurious interiors to its beautifully designed outdoor spaces and access to amenities, this property embodies the best of Texas living. The care & dedication of the current owners have preserved & enhanced this residence, making it a remarkable opportunity for those seeking a union of nature and splendor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017