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915 Wild Basin Ledge
About This Property
The warm & welcoming four-bedroom residence embraces its idyllic natural setting w/large windows that connect you with the stunning surroundings. Extensively remodeled in 2009 and meticulously maintained since.Rooftop solar panels typically generate 85% of the energy consumed, and the rainwater collection system, plus the carefully cultivated native landscape, minimize water consumption to minimize ecological impact. Decades of stewardship result in an evolving kaleidoscope of color and texture as the seasons progress.
A Texas-sized screened porch serves as the heart of the house and a favorite outdoor dining area. You'll need to raise your voice in the summer whilst enjoying the porch – the frog song from Bee Creek is audibly unapologetic. A new 2025 50' lap pool awaits your fitness endeavors before dinner.
Bee Creek traces the southern edge of the property, offering the rare gift of water flowing through natural Hill Country. Bee Creek runs through the heart of Wild Basin, connecting your parcel to the ecological heart of the preserve in the most intimate way possible.
This is Westlake Hills as it was always meant to be experienced: private, wild, & minutes from everything.
A parcel of this size with creek frontage and direct access to a wilderness preserve in one of Austin's most coveted zip codes is a generational find.
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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 |
|---|---|---|---|
| Apr 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 9, 2026 | Listed by Moreland Properties | $2,450,000 | |
| Listed by Moreland Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017