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$2,056,000

NAL Estimated Property Value

4000 Ridgelea Dr, Austin, TX, 78731

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,171 Sq Ft
price_per_sqft$803.85 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Refrigerator, Ice Maker, Tankless Water Heater, Wine Refrigerator
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Outdoor Grill, Private Yard
Lot Size7,815 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces1

Land Information

APN01220007120000
Lot Number51
SubdivisionRidgelea
Land UseResidential
Legal DescriptionLOT 51 RIDGELEA
Census Tract000101
Assessed Land Value$574,951
Assessed Improvement Value$1,181,638
Assessment Year2025

About this property

REDUCED 150K!! It's real hard to find a QUALITY new home in west austin for under 3 million, and even harder to find one under 2.55m!!.......and we aren't talking about a production type finish on a townhome size lot. This home is a true custom home with absolute privacy on a nice lot! Where the smallest lots sell for close to a million, this is a rare deal - a Quality build with all the features you would expect at a much higher price including 12 ft ceilings, high end cabinetry finished on site, REAL stone counters, REAL marble baths, level 5 smooth finish sheet rock, 48" Thermador fridge and range with cabinet front panels and a VERY LARGE AND VERY PRIVATE POOL! Not a small dip pool and you cannot see your neighbors at all! Great location, walking distance to all the new restaurant and bars coming to the Grove and everything around the Seton hospital area. NOW READY FOR MOVE IN !!

Investor Tools

Property Icon
$2,056,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,056,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,294 /month
Positive
Cash Flow Estimate:
$5,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,996
$1,756,589
2025
$574,951
$1,181,638
$1,756,589
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,996
$1,756,589

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,864,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
1.4%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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4000 Ridgelea Dr | Property Details | No Agent List