Active Listing  ·  28 days on market

1201 Ridgehaven Dr

Austin, TX 78723
$590,000
3 Bed 2 Bath 1,799 sqft $328/sqft Built 1956 0.21 acres 2-Car Garage Pool Delwood Heights

Freshly renovated and move-in ready, this 1,799 square foot single story sits on a corner lot in Windsor Park, one of Central Austin's most sought after and fastest changing pockets.The updates run deep: new drywall, fresh paint inside and out, energy efficient windows, an all new kitchen, fully rebuilt bathrooms, and so much more. Durable vinyl plank flooring runs throughout, with recessed lighting, ceiling fans, and an open floor plan that pulls natural light into every room. The new eat-in kitchen features new cabinetry, quartz counters, and stainless steel appliances including a gas range, dishwasher, and microwave, and it flows directly into the living and dining areas. Three bedrooms and two brand new baths give you room for a home office, guest space, or studio alongside the private primary. Both bathrooms feature modern vanities, new fixtures, and clean contemporary tile.

Out back, one massive heritage tree anchors the yard and turns the whole space into a serene retreat, shaded and private behind a full wood fence. The large corner lot leaves plenty of room to garden, entertain, or expand down the road, with an open patio ready for a table and chairs. The oversized side-loading two-car garage is a rare find at this price point. Deeper and wider than standard, it handles full-size trucks, a workshop, storage, or a project car, and the side entry keeps the curb view clean. The driveway parks up to five vehicles total. No HOA.

This corridor is in the middle of real investment. Austin ISD's 2022 bond delivered a $150m+ in new schools in the neighborhood. Mueller's retail and restaurant district continues to expand just minutes away, with more commercial development moving up the Cameron Road and 51st Street corridors. This home is close to everything; Mueller, Bartholomew District Park, I-35, 183, and 290 all within 3 minutes driving!

At $328/sqft, this home is 17% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1201 Ridgehaven Dr, Austin, TX 78723

Property Details

Price $590,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,799 sqft
Lot Size 0.21 acres (9,208.58 sqft)
Year Built 1956
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Delwood Heights
County Travis
Zip Code 78723
$/sqft $328/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,728.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216193520
List Date August 26, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
High School Eastside Early College
School District ,

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

Schedule a Call →

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 · August 26, 2026 $625,000
Current ask $590,000
Reduced $35,000 (-5.6%) 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
1428 Corona Dr
Delwood 04 Sec B
$592,500 $443 4 bd / 2 ba 1,338 sqft , 2026-04-30
5700 Avenue G None
Skyview Sec 03
$599,000 $341 4 bd / 2 ba 1,757 sqft , 2026-08-05
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-04-14
1317 Cloverleaf Dr
Delwood Sec 04
$615,000 $330 3 bd / 2 ba 1,864 sqft , 2026-09-05
2105 Brunswick Dr
Windsor Park 02 Sec 02
$625,000 $416 3 bd / 2 ba 1,504 sqft , 2026-03-31

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
$2,832/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
$118,000
20% conventional investment loan

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

Estimated Gross Rent+$2,832
Principal + Interest−$3,220
Property Tax (~2.1% TX avg)−$1,033
Insurance (~0.5%)−$246
Est. Monthly Cash Flow $-1,667

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 →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 19, 2026.

📞 (254) 718-2567 [email protected] More about Luke →