1166 Ridgeway DR, Austin TX 78702
MLS #246188750 · The Groove Realty · James Garcia
About this home
Well maintained home -1166 Ridgeway Drive – 3 BR, 2 Bath with office and large fenced yard on hilltop backing to greenbelt. Primary home, rental, or redevelopment opportunity in East Austin, TX 78702 Rare opportunity to own an elevated homesite in one of East Austin's most sought-after and rapidly transforming neighborhoods. This hilltop lot backs directly to a City of Austin greenbelt, offering privacy, a mature oak tree canopy, and the potential for downtown skyline views from a future second-story build. The existing home is a well-maintained 1950s bungalow of approximately 1,250 square feet. Recent updates include a new roof, updated HVAC system, and plumbing main line, making the property fully livable as a primary residence or rental. The elevated homesite is the true highlight. Positioned above surrounding properties, the lot may offer second-story views toward downtown, East Austin's urban landscape, and distant airport vistas, while the elevation captures prevailing breezes, a setting that's increasingly rare within Austin's urban core. Large oaks on back property line. Zoned as SF-3-NP, with a lot size of approximately 7,448.76 sq ft per survey/TCAD, larger than the area average, the property offers real flexibility for expansion or new construction. Under the City of Austin's HOME Initiative, qualifying single-family lots in this zoning category can support up to three residential units by right, opening the door for subdivision or a condominium-regime build-out (subject to buyer verification of current zoning and City of Austin approval). Ideally located minutes from downtown Austin, The University of Texas, Mueller, major employers, restaurants, coffee shops, parks, and cultural attractions. Whether you're seeking a future homesite, an income-producing rental, or a ground-up redevelopment, 1166 Ridgeway offers a rare combination of elevation, lot size, HOME-eligible density potential, and East Austin location.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1952
- Full baths
- 2
- Lot size
- 0.171
- Subdivision
- Homewood Heights
- MLS area
- 5
- MLS #
- 246188750
Features
Interior features
- In-Law Floorplan
- Primary Bedroom on Main
Exterior features
- Exterior Steps
- Private Yard
Additional details
- Parking
- Outside
- Garage spaces
- 0
- Roof
- Composition
- Foundation
- Pillar/Post/Pier
- Annual tax
- $5,907
Location
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Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Oak Springs
- Middle
- Kealing
- High
- Eastside Early College
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Getting around
- Downtown Austin
- 2.3 mi
- Austin-Bergstrom Airport
- 5.7 mi
Straight-line distance, not drive time.
Market insights
Compared with 385 active homes in ZIP 78702 · HomeLocating listings
At $450,000, this home is priced 33% below the $669,900 median across 385 active homes in ZIP 78702.
Estimated monthly payment
Home price
$450,000
Down payment
20% ($90,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of The Groove Realty · James Garcia
Listing data last updated Oct 2, 2026, 11:46 PM
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