FOR_SALEGood Deal9 days on market

1158 Ridgeway Dr #A

1158 Ridgeway Dr #A, Austin, TX 78702, Austin, TX 78702
$700,000

Listing Price

Property image 1
1158 Ridgeway Dr #A, Austin, TX 78702
Loc: Austin, TX
Days Listed
9
Tax Assessed
$737k
Lot Size
4,927 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

1

Oak Springs Elementary School

PK-5
0.1 mi away
9

Kealing Middle School

6-8
1 mi away
1

Eastside Memorial High School

9-12
0.3 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.20%
Total ROI
25.7%
Cash Flow
$663/mo
DSCR
1.19
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-13Listed for sale$700,000$406
2019-01-22Listing removed$485,000$281
2018-10-24Price change$485,000$281
2018-08-07Price change$495,000$287
2018-04-27Price change$499,900$290
2018-03-13Listed for sale$515,000$299

Tax History

YearProperty TaxTax Assessment
2025$11,887.03$715,701
2024$10,727.12$650,637
2023$8,829.25$591,488
2022$9,269.56$537,716
2021$0$488,833
2020$9,869.78$488,867
2019$9,518.89$488,867
2018$8,537.27$461,444
2017$8,537.27$424,378
2016$0$385,798
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,724
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $700,000Rent Basis: Modeled Estimate ($5,600/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $350/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.90%

NOI: $34,276/yr

Cash-on-Cash Yield
-5.8%

On $161,000 invested

DSCR Ratio
0.79x

Negative debt coverage

5-Yr Leveraged ROI
+65.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$1,106/mo
Homeowner / Hazard Insurance-$350/mo
Vacancy Reserve (5% of rent)-$280/mo
Repairs & Maintenance (10% of rent)-$560/mo
Property Management (8% of rent)-$448/mo
Total Pure Operating Expenses-$2,744/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,600/mo
Less: Operating Expenses-$2,744/mo
Net Operating Income (NOI)+$2,856/mo
Less: Debt Service (30yr @ 6.75%)-$3,632/mo
Net Cash Flow
$-776/mo
$-9,310/year
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