About This Home

New Construction modern tree house. Nestled in the woods. Stained concrete floors downstairs. Well appointed modern finishes. Leather granite counter tops and butcher block Island. Stainless appliances. 2 bedrooms upstairs with an office or optional flex room. Walking distance to the Lucky Rabbit to enjoy good food, drinks and live music. Close to Lake Travis access. Leander ISD.

At $279/sqft, this home is priced 16% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10918 Ridgeway St, Leander, TX 78645

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Property Details

Price $379,900

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,361 sqft

Lot Size 0.17 acres (7,483.61 sqft)

Year Built 2026

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Jonestown Hills

County Travis

Zip Code 78645

$/sqft $279/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,647.24

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT227545909

List Date April 24, 2026

Elementary School CC Mason

Middle School Running Brushy

High School Cedar Park

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 24, 2026 $399,000

Previous ask $389,900

Current ask $379,900

▼ Reduced $19,100 (-4.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Leander

Comparable Listings Right Now

Homes currently for sale in Leander with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

2600 N Walker Dr
Block House Creek Sec 04 $375,000 $236 3 bd / 2 ba 1,591 sqft , 2026-07-15

2144 Granite Hill Dr
Crystal Falls $368,000 $234 3 bd / 2 ba 1,573 sqft , 2026-04-07

1606 Rossport Bnd
Block House Creek Ph D Sec 02 $365,000 $239 3 bd / 3 ba 1,526 sqft , 2026-03-07

110 Brentwood Dr
Horizon Park Sec 1 $364,900 $261 3 bd / 2 ba 1,396 sqft , 2026-05-09

22601 Dewberry Holw
Pecan Hollow Ranches $395,000 $353 3 bd / 2 ba 1,120 sqft , 2026-04-13

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,824/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$75,980

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,824

Principal + Interest−$2,073

Property Tax (~2.1% TX avg)−$665

Insurance (~0.5%)−$158

Est. Monthly Cash Flow $-1,072

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

10918 Ridgeway St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

10918 Ridgeway St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate