ActiveResidential · sale

1501 Ridgecrest

Austin, TX 78746

$27,500

  • 6 beds
  • 5 baths
  • 9,707 sq ft
  • 1.42 acres
  • Built 2011

Listed by La Bella Vita Real Estate · MLS #ACT5463149

1501 Ridgecrest, Austin, TX 78746 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The lower level features a wine lounge, home theater, full bath, & guest suite.

Year built

Built in 2011.

Garage parking

4 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

The pinnacle of modern luxury, this unparalleled contemporary estate has been exceptionally designed and extensively renovated. Nestled in the hills of Westlake Highlands and zoned to highly rated & highly sought-after Eanes ISD. Privately situated behind a stucco privacy wall, a gated entrance opens to reveal the impressive, stand alone estate that is 1501 Ridgecrest Dr. Walls of glass seamlessly integrate the expansive living and outdoor spaces and give way to breathtaking canyon views from every room. Ultra modern elegance meets functionality. A contemporary masterpiece, with the utmost attention to detail evident throughout. Design selections exude a modern sophisticated aesthetic (incl. Italian cabinetry, marble and stone throughout imported from Italy and Spain, Miele appliances, etc) and forward thinking, state-of-the-art home automation, security and A/V complete the spacious multilevel floor plan. Perfect for those that are seeking a private retreat of peace and serenity, those searching for amazing family space + those that love to entertain. The entire property is a showcase of stone and glass & black accent detail in every room offer a contrasting element, creating a striking statement against crisp, white walls and pops of chrome fixtures and accents. The main floor features a flex room, access to auto lounge & garage, great room, guest bath and the chef's kitchen is thoughtfully designed with an exquisite black stone center island and sleek black Italian cabinetry concealing state of the art Miele appliances. Accessibly by elevator or stairs, the upper level is thoughtfully designed - open to the main floor the primary suite is secluded to one wing & bedrooms, shared bath & bonus room in the other. The lower level features a wine lounge, home theater, full bath, & guest suite. Truly an exceptional property for the most discerning audiences, weaving contemporary design, home automation and breathtaking views to create a one-of-a-kind living experience.
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THE NEIGHBORHOOD

Explore the location.

1501 Ridgecrest, Austin, TX 78746

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THE DETAILS

The details, all in one place.

Property type
Residential Lease
Category
Residential
Year built
2011
Full baths
4
Half baths
1
Garage spaces
4
Cooling
Central Air
Heating
Central
Appliances
See Remarks, Bar Fridge, Built-In Electric Oven, Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Down Draft, Dryer, Induction Cooktop, Microwave, Oven, Double Oven, Refrigerator, Warming Drawer, Washer/Dryer, Electric Water Heater
Flooring
Carpet, Marble, Stone, Tile
Accessibility
See Remarks
Pool features
See Remarks, Cabana, Gunite, In Ground
Subdivision
Westlake Highlands
Parcel
01251501010000
Elementary school
Bridge Point
Middle school
Hill Country
High school
Westlake

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$114.58
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1501 Ridgecrest, Austin, TX 78746 · MLS #ACT5463149

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Listing information

MLS #ACT5463149 · Austin Board of Realtors

Listing brokerage: La Bella Vita Real Estate
Listing agent: Darby Grimmett

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.