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$1,664,000

NAL Estimated Property Value

408 Riva Ridge Pl, Austin, TX, 78737

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,353 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$326.73 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBar Fridge, Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Double Oven, Stainless Steel Appliance(s), Wine Refrigerator
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Gas Grill, Outdoor Grill, Private Yard
Lot Size1.59 acres

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR145519
Lot Number44
SubdivisionKey Ranch Sec 2
Land UseResidential
Legal DescriptionKEY RANCH SEC 2, LOT 44, ACRES 1.586 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$314,330
Assessed Improvement Value$1,015,203
Assessment Year2025

About this property

Exquisite Luxury in Saratoga Hills – 408 Riva Ridge, Dripping Springs Nestled in the highly sought-after Saratoga Hills, a premier community of 1+ acre homes, this stunning estate offers unparalleled privacy, breathtaking views, and high-end finishes throughout. Perfectly located just 30 minutes from Austin, this home blends modern luxury with the tranquility of the Hill Country. Designed for both grand entertaining and everyday comfort, this spacious 5-bedroom, 5.5-bath home features an open-concept layout with soaring 18’ ceilings, expansive windows, and custom batten board accents in the living room. The chef’s kitchen is a masterpiece, boasting soft-close cabinetry, double ovens, an extended island with storage, a hidden appliance cabinet, and a walk-in pantry. The primary suite is a private retreat with patio access, a spa-like bath with a walk-through shower, a soaking tub, and custom-built storage. Each secondary bedroom features its own ensuite bath and walk-in closet for ultimate comfort. The outdoor living space is a dream, featuring an extended patio with a full outdoor kitchen and fireplace, Trex deck extension, and a resort-style pool and spa by Native Watercapes. Designed for entertaining, the bonus room includes a bar with a sink, ice maker and drink fridge, plus a private balcony with panoramic views. A Secret Bookcase leads to the media room, adding a unique touch. Additional highlights include a 4-car garage with exterior access, a long private driveway lined with mature oaks, a fully integrated sound system, Cat 5 wiring, and an oversized septic system ready for a future casita. Experience luxury, privacy, and convenience in one of Dripping Springs’ most coveted communities. Welcome home to 408 Riva Ridge.

Investor Tools

Property Icon
$1,664,000
Estimated Property Value
$1,511,611Estimated Mortgage Balance
$156,880Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,494 /month
Positive
Cash Flow Estimate:
$3,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,167/month
$1,008/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,686
$1,324,621
2025
$314,330
$1,015,203
$1,329,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,686
$1,324,621

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gjb Revocable Trust
Unknown
$925,000
No
First
Jul 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,511,611
$203,389
11%
91%
$9,144/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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408 Riva Ridge Pl | Property Details | No Agent List