Active Listing  ·  173 days on market

414 Wesley Ridge Dr

Spicewood, TX 78669
$685,000
4 Bed 3 Bath 2,669 sqft $257/sqft Built 2023 0.34 acres 2-Car Garage Pool The Point At Ridge Harbor

Welcome to 414 Wesley Ridge Drive, a newly built home in The Point at Ridge Harbor, a gated waterfront community on Lake Travis in Spicewood, Texas, where you will find the special balance of community, nature, and wildlife. The lifestyle here encompasses a community pool, boat marina, custom homes, and neighbors you will often see getting around by golf cart. Enjoy a floor plan that offers four bedrooms, plus office and two flex spaces, giving you additional rooms to customize. With 2,669 square feet on a .337 acre lot, the home lives large with an open concept main level featuring the primary suite, a secondary bedroom, full bath, and a dedicated office. Upstairs, you will find two more bedrooms, a full bath, and two separate flex spaces that give the home rare flexibility, accommodating a growing family, guests, or creative use. If you are looking for a special balance of community blended with nature and wildlife, this is it. You can boat, fish, hike, bike, or ride right from your doorstep, with nearby equestrian facilities, LCRA parks, and even a nearby private airport. Beyond the community, the location also offers strong long term value with thoughtful nearby growth, including Thomas Ranch, which is expected to bring a walkable city center with dining and shops to the area, with a stated focus on respect for nature and preservation. 414 Wesley Ridge Dr is a must see. Schedule your private tour today.

At $257/sqft, this home is 52% below the Spicewood active market average of $540/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

414 Wesley Ridge Dr, Spicewood, TX 78669

Property Details

Price $685,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,669 sqft
Lot Size 0.34 acres (14,662.3 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision The Point At Ridge Harbor
County Burnet
Zip Code 78669
$/sqft $257/sqft
Days on Market ,
HOA $1,050/Annually
Annual Tax Est. $5,215.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231176900
List Date May 23, 2026
Elementary School Spicewood (Marble Falls ISD)
Middle School Marble Falls
High School Marble Falls
School District Marble Falls ISD

Marble Falls ISD

Spicewood (Marble Falls ISD) · Marble Falls · Marble Falls

Luke Allen (TREC #788149) has deep knowledge of Spicewood 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 · May 23, 2026 $714,000
Previous ask $699,000
Current ask $685,000
▼ Reduced $29,000 (-4.1%) 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 Spicewood

Comparable Listings Right Now

Homes currently for sale in Spicewood 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
333 Wesley Rdg
Point At Ridge Harbor
$675,000 $246 3 bd / 4 ba 2,748 sqft , 2026-08-10
339 Quail Run Ct
Ridge Harbor
$575,000 $259 4 bd / 3 ba 2,221 sqft , 2024-04-25
1881-A County Road 414 None
Muleshoe Bend
$799,000 $321 4 bd / 3 ba 2,491 sqft , 2026-10-22
515 Wesley Ridge Dr
The Point At Ridge Harbor
$839,999 $253 4 bd / 4 ba 3,321 sqft , 2025-06-27
413 Bedford Dr
Windermere Oaks
$450,000 $233 3 bd / 2 ba 1,933 sqft , 2026-06-06

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
$3,288/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
$137,000
20% conventional investment loan

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

Estimated Gross Rent+$3,288
Principal + Interest−$3,738
Property Tax (assumed ~2.1%)−$1,199
Insurance (assumed ~0.5%)−$285
Est. Monthly Cash Flow $-1,934

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 Spicewood, TX

Spicewood 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

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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 · 41 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. The written content was last updated on October 14, 2026.

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

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