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.

Facts and features

Schools

• Oak Springs Elementary School

  elementary · K-5 · 0.1 mi

  1

• Eastside Memorial High School

  high · 9-12 · 0.4 mi

  1

• Kealing Middle School

  middle · 6-8 · 1.0 mi

  9

• Acton Academy

  elementary · 2-12 · 0.8 mi

• Austin Can Academy

  high · 9-12 · 0.3 mi

  1

• Govalle Elementary School

  elementary · K-6 · 0.8 mi

  2

Price history

• Nov 1, 2026 · Listing Removed—
• Oct 31, 2026 · Listed For Rent$2,100
• Oct 29, 2026 · Price Changed$399,000
• Oct 23, 2026 · Price Changed For Rent$2,095
• Oct 3, 2026 · Price Changed For Rent$2,195
• Sep 25, 2026 · Price Changed$450,000
• Sep 16, 2026 · Price Changed For Rent$2,300
• Sep 9, 2026 · Price Changed$475,000

Tax history

• 2026$10,060 tax · $491,597 assessed
• 2025$10,250 tax · $517,252 assessed
• 2024$11,304 tax · $520,686 assessed
• 2023$11,716 tax · $509,403 assessed
• 2022$12,320 tax · $432,294 assessed
• 2021$9,625 tax · $365,664 assessed
• 2020$7,843 tax · $365,664 assessed
• 2019$8,031 tax · $327,876 assessed

Home value

$448,100

• Cotality$448,100
• Collateral Analytics$470,000
• Quantarium$415,118

Where it is