12491 Madison Lane
About This Property
Property Highlights, 32 gated acres, Custom 4,335 sq ft main residence, 5 bedrooms, 4 full bathrooms, 2 half bathrooms, Dramatic floor-to-ceiling fireplace, Open living spaces with natural light, Dedicated home theater, Private office or study
Equestrian & Land Improvements, Covered riding arena for year-round use, 5 horse stalls, Tack room, Hot and cold wash rack, Full bath in arena, Hay and equipment storage
Standout Features, 80' x 100' fully insulated, air-conditioned shop, Multiple bays, Office space, Restrooms, Durable epoxy-coated floors
Outdoor & Lifestyle, In-ground pool with sweeping acreage views, Ideal for entertaining or quiet retreat living
Additional Structures, 1 bedroom, 1 bathroom guest or trainer quarters, Large workshop, RV hookups
Improvements offer exceptional versatility and may support allowable leasing uses. Ideal for equestrian pursuits, multi-generational living, event space, or a private Texas retreat, this estate delivers luxury, land, and flexibility without compromise.
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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 |
|---|---|---|---|
| Sep 2, 2026 | Listed by Keller Williams Realty | $3,200,000 | |
| Listed by Keller Williams Realty | |||
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Keller Williams Realty | $3,495,000 | |
| Listed by Keller Williams Realty | |||
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A rare opportunity to own 32 private, gated acres in North Texas with a luxury custom home, equestrian facilities, resort-style pool, guest quarters, and a massive 80’ x 100’ climate-controlled shop. Designed for privacy, flexibility, and elevated country living, this estate offers the scale and infrastructure buyers search for but rarely find.
Property Highlights, 32 gated acres, Custom 4,335 sq ft main residence, 5 bedrooms, 4 full bathrooms, 2 half bathrooms, Dramatic floor-to-ceiling fireplace, Open living spaces with natural light, Dedicated home theater, Private office or study
Equestrian & Land Improvements, Covered riding arena for year-round use, 5 horse stalls, Tack room, Hot and cold wash rack, Full bath in arena, Hay and equipment storage
Standout Features, 80’ x 100’ fully insulated, air-conditioned shop, Multiple bays, Office space, Restrooms, Durable epoxy-coated floors
Outdoor & Lifestyle, In-ground pool with sweeping acreage views, Ideal for entertaining or quiet retreat living
Additional Structures, 1 bedroom, 1 bathroom guest or trainer quarters, Large workshop, RV hookups
Improvements offer exceptional versatility and may support allowable leasing uses. Ideal for equestrian pursuits, multi-generational living, event space, or a private Texas retreat, this estate delivers luxury, land, and flexibility without compromise.
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| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017