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8719 Crest Ridge CIR
About This Property
In the heart of Northwest Austin, where timeless charm meets modern convenience, this beautifully updated 4-bedroom, 3-bath home offers 2,531 sq. ft. of thoughtful design and unique features. Built in 1970 and powered by solar panels with a Tesla Powerwall, it delivers comfort with exceptional energy efficiency.
On the main level, a welcoming guest bedroom doubles perfectly as a home office. Upstairs, the grand primary suite impresses with space for an additional walk-in closet or private office and opens to a secluded balcony overlooking the xeriscaped backyard. Skylights fill the upper level with natural light, while built-in bookshelves add warmth and character.
The kitchen is a cook's delight, featuring a premium Sub-Zero refrigerator, a peninsula layout, and custom cabinetry with built-in trash bin, lazy Susan, utensil storage, produce drawers, and spice rack.
Out back, a low-maintenance yard is anchored by an outdoor shipping container-ready to be transformed into an ADU, home gym, or creative retreat.
Located just down the road from Balcones Golf Club, this one-of-a-kind property offers privacy, style, and convenience in one of Austin's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Price Decreased |
$789,000
↓ $51K
(6.1%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$840,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Apr 10, 2025 | Price Decreased |
$889,999
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Mar 16, 2025 | Listed by Compass RE Texas, LLC | $900,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017