405 Ridgewood Rd, Austin, TX 78746

Nestled in the heart of Central Austin’s coveted Rollingwood neighborhood, this property offers an unparalleled lifestyle in the city’s most desirable location. Imagine serene strolls through tree-line streets and seamless access to iconic Austin landmarks like Zilker Park, Redbud Trail, Barton Springs, and the bustling energy of downtown, all just minutes away. This is more than a home; it’s your gateway to everything that makes Austin extraordinary. Set on an expansive, over 1/4-acre lot, the property provides endless possibilities. The existing home is brimming with personality and charm, perfect for those looking to embrace its warm character and thoughtful updates, or for visionaries ready to craft their dream home in this prime location. Inside, you’ll find charming hardwoods and natural light pouring in through skylights and thoughtfully placed windows. The kitchen is bright and welcoming with abundant solid wood cabinetry, large skylights, and glass patio doors that fill the room with sunshine. A generously sized window over the sink offers lovely views, while the adjacent flex space is perfect for a home office, craft room, or hobby nook. Additional updates include a steam shower for ultimate relaxation in the secondary bathroom, KoolShade solar window screens, and a water heater booster for the kitchen sink and dishwasher. The outdoor spaces are a true highlight. A spacious deck with an awning provides the perfect spot for dining al fresco or relaxing under the shade of mature trees. The low-maintenance yard is complete with an irrigation system, and a detached workshed is fully equipped with electricity, ideal as a functional workshop or ready for you to seamlessly transform into a casita, pool house, or creative space. Whether you’re captivated by the home’s existing charm or inspired to create something entirely new, this rare gem in Rollingwood is ready for its next chapter!

Lot size is the headline at 405 Ridgewood Rd. At 0.2585 acres in Westlake Hills, this is the kind of parcel that gives a buyer real optionality in a part of Austin where land value often drives the decision as much as the house itself. The existing residence measures 1,795 square feet with 3 bedrooms, 2 baths, a fireplace, and a 2-car garage, built in 1955 and now offered at $1.20M, or $669 per square foot. With only 9 days on market, the listing is still early in its exposure, which matters for buyers tracking fresh inventory rather than inherited pricing history.

This is a straightforward single family opportunity in Austin, TX 78746, Travis County, with Austin ISD serving the property and Barton Hills, O Henry, and Austin listed in the school path. For many buyers, that combination sharpens the appeal because it ties a manageable house footprint to a larger-than-typical homesite and an established public school track. The age of the home also frames the decision clearly. A 1955 build on a quarter-acre-plus lot can make sense for someone who wants to keep and refine the existing structure, but it also has obvious relevance for a buyer focused on future redevelopment potential. That is where this property separates itself from smaller lots that limit the range of outcomes.

The remarks point to an existing house with character, natural light, and functional flexibility, and that matters because not every land-driven purchase has to be a teardown on day one. A 3 bed, 2 bath plan with a fireplace and garage gives an owner usable space from the start, whether the strategy is immediate occupancy, phased updating, or holding the property while longer-term plans take shape. The lot is large enough to keep the conversation centered on site value, but the current improvements still provide practical utility and a livable baseline.

For a sophisticated buyer, the value here is not abstract. It is the combination of 0.2585 acres, established location within Westlake Hills, Austin ISD alignment, and a price point that puts both the house and the land into the underwriting discussion. Properties like this tend to attract buyers who understand that the best luxury decisions are often made at the parcel level first, with the structure considered in terms of timing, cost, and upside. That makes 405 Ridgewood Rd a property with more than one viable path forward, which is exactly what helps preserve long-term positioning in a constrained Austin market.

Westlake Hills is an incorporated city in Austin's 78746 ZIP code, five minutes west of downtown via Bee Caves Road. Eanes ISD - ranked #1 in Texas by Niche 2026 - draws most buyers. Median home price $2.4M, with estates from $1.2M updates to $10M+ hilltop compounds.

Roughly 1,000 total homes sit on wooded lots averaging half an acre to two acres, spread across the hills south of the Colorado River. Lost Creek, Davenport Ranch, The Oaks, and Bee Caves Woods each have a different character - from 1970s ranches on established lots to new-build Hill Country Contemporary estates with 20-foot ceilings and limestone facades.

The housing stock is in a generational transition. Original 1970s-80s ranch homes sell as teardowns at $1-2M for land alone, replaced by $3-8M contemporary builds. At any given time, 25-30 homes are actively listed. Inventory is tight, and a meaningful share of deals happen off-market through agent networks.

What defines daily life here: morning coffee at Swedish Hill, school drop-off at Eanes Elementary or Bridge Point, a trail run at Wild Basin Preserve, and dinner at Sway or Las Palomas without crossing MoPac. This is a quiet neighborhood built around schools and outdoor access, not nightlife or walkable retail. The people who live here chose it for exactly that trade-off.