12 Hedge LN
About This Property
Owned and loved by the original family since it was built, this home offers something increasingly rare in today's market: soul. From the welcoming symmetry to the sweeping views of downtown Austin, every inch of this home speaks to timeless tradition and quiet elegance.
Inside, the floorplan flows with purpose-generous, sunlit rooms, tall ceilings, and a layout that was thoughtfully designed and meticulously maintained. While some may envision light personal updates to suit a new aesthetic, this is not a "tear-it-down-and-start-over" scenario. The home's bones are excellent, its proportions graceful, and its spirit intact. No walls need moving. No vision needs explaining. It's all already here-just waiting to be reimagined, if desired.
Step outside and you'll find a pool, a sport court, and porches that beg for iced tea and storytelling. This is the opposite of stark modern minimalism. This is character. This is comfort. This is where memories live.
12 Hedge Lane isn't just a place to live-it's a place to belong.
Features also include a whole house Generac generator.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Price Decreased |
$3,950,000
↓ $450K
(10.2%) | |
| Price Decreased | |||
| Apr 23, 2026 | Price Decreased |
$4,400,000
↓ $250K
(5.4%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$4,650,000
↓ $100K
(2.1%) | |
| Price Decreased | |||
| Nov 11, 2025 | Price Decreased |
$4,750,000
↓ $200K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017