ActiveResidential · sale

1158 Ridgeway

Austin, TX 78702

$700,000

  • 3 beds
  • 3 baths
  • 1,724 sq ft
  • 0.11 acres
  • Built 2014

Listed by Compass RE Texas, LLC · MLS #ACT7602622

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2014.

Garage parking

1 garage spaces listed.

Property size

0.11 acres listed.

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

THE PROPERTY

Get to know the property.

Tucked behind a bamboo-lined privacy fence just minutes from downtown, this modern farmhouse blends clean architectural lines with warm, inviting interiors across 1,724 square feet. One owner, owner-occupied (not a rental), and thoughtfully maintained — including a roof replacement in 2023 — this home is ready for its next chapter.

Entering the home, you're welcomed by 10' ceilings, oversized windows, and polished concrete floors which combine to create a bright, open-concept living space. The kitchen anchors the main level with dark stained cabinetry, granite countertops, a mosaic tile backsplash, stainless steel appliances, and a generous island with seating. French doors lead to a private backyard oasis complete with an insulated Cowboy pool, string-lit bamboo privacy screening, and durable Trex decking — a rare outdoor escape this close to the city center.

Upstairs, hardwood floors run through a versatile floor plan which boasts 3 bedrooms plus an additional flex living space, ideal for those that work from home. Each bedroom features vaulted ceilings, adding to the home's airy and open feeling.

Additional highlights include a 1-car garage plus additional reserved parking spot, low-maintenance landscaping, and new fencing. This home puts you close to East Austin's best restaurants, coffee shops, and nightlife while still offering a quiet, private retreat at the end of the day. Zoned to nearby Oak Springs Elementary School, which is currently undergoing a $47 million upgrade and will reopen in 2028 as boon for the community. Next door is the Ostillo Art Foundation, a space for contemporary art exhibitions and cultural programs.

THE NEIGHBORHOOD

Explore the location.

1158 Ridgeway, Austin, TX 78702

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2014
Full baths
2
Half baths
1
Garage spaces
1
Cooling
Central Air
Heating
Central
Appliances
Built-In Gas Range, Refrigerator
Flooring
Concrete, No Carpet, Wood
Fencing
Back Yard
Accessibility
See Remarks
Pool features
Filtered, Outdoor Pool
Subdivision
1158 Ridgeway Condo
Parcel
02091413020000
HOA
Ridgeway Condo Association
HOA amenities
Insurance
HOA fee frequency
Annually
Elementary school
Oak Springs
Middle school
Kealing
High school
Eastside Early College
Annual property tax
$13,860.30
HOA fee
$450.00

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$919.14
Estimated monthly rent$2,916.67
Cap rate1.83%

Annual operating income: $12,779.73

Have ERA review this rental estimate

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

Adjust assumptions
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 & interestLoan 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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1158 Ridgeway, Austin, TX 78702 · MLS #ACT7602622

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Listing information

MLS #ACT7602622 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Sam Lee

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