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12808 Hughes ST
About This Property
Upstairs, a versatile loft and separate tech nook provide the perfect space for a home office or media room, flanked by two additional bedrooms and a full bath. The sprawling upper deck to take in mesmerizing views of Lake Travis and world-class Texas sunsets. Adding incredible value is the detached ADU, a former garage masterfully converted into a two-story living space with a private entrance, kitchenette, and its own living area. With no HOA restrictions, the current owner successfully utilizes these spaces as active short-term rentals, offering them together or separately. Complete with an extended driveway for four vehicles and located in a quiet, safe neighborhood, this is a rare lakeside opportunity to live in one and rent the other.
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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 |
|---|---|---|---|
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| May 30, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by Redfin Corporation | $825,000 | |
| Listed by Redfin Corporation | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 7, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017