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12600 Lee Park LN
About This Property
The inviting great room showcases soaring cathedral ceilings, a cozy fireplace, and expansive windows that fill the space with natural light and backyard views. The well-appointed kitchen features upgraded cabinetry, granite countertops, a center island with breakfast bar, gas cooktop, and built-in oven and microwave-perfect for everyday living and entertaining.
Upstairs offers a spacious primary suite, two additional bedrooms, and a comfortable family room, providing great separation of space. Step outside to a fenced backyard with a deck and charming gravel pathways-ideal for relaxing or hosting gatherings. Recent updates include fresh interior paint and new upstairs carpet for a move-in-ready feel.
Residents enjoy exceptional Steiner Ranch amenities, including hike and bike trails, community parks, three pools, tennis and sport courts, and access to the Lake Club on Lake Austin. This home blends comfort, functionality, and vibrant community living.
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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 |
|---|---|---|---|
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$629,000
↓ $21K
(3.2%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by eXp Realty, LLC | $650,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017