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5204 Hedgewood DR
About This Property
The includes three bedrooms, two full bathrooms, a 2-car garage, a generous laundry room, and a fenced yard. A full complement of appliances, including a washer and dryer are part of the package. Its good location and manageable size offer strong potential for value appreciation and attractive rental income.
Whether you're an investor, flipper, or someone looking to create their own home in one of Austin's most desirable areas, this property is worth a closer look. Schedule your visit today to explore the possibilities.
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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 |
|---|---|---|---|
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Price Increased |
$499,500
↑ $500
(0.1%) | |
| Price Increased | |||
| Oct 29, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 29, 2025 | Listed by Compass RE Texas, LLC | $499,000 | |
| Listed by Compass RE Texas, LLC | |||
| |||
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NO MONEY DOWN FINANCING AVAILABLE! Welcome to 5204 Hedgewood Drive — a beautifully reimagined single-story residence in sought-after West Congress that effortlessly combines timeless charm with modern sophistication. From the moment you step inside, you’ll notice the thoughtful attention to detail and quality craftsmanship that make this home truly stand out. The open, airy floor plan is as functional as it is stylish, offering two spacious living areas perfect for both relaxing and entertaining. Gorgeous engineered hardwood floors flow throughout, complementing the designer fixtures, cozy fireplace, and abundant natural light that fills every corner. The heart of the home is the stunning chef’s kitchen, appointed with sleek quartz countertops, custom cabinetry, and brand-new stainless steel appliances — an ideal setting to gather with family and friends. Each bedroom is generously sized and inviting, while the remodeled bathrooms exude a calming, spa-like feel with luxurious finishes and elegant touches. Step outside to discover a beautifully landscaped backyard oasis with endless possibilities — plenty of space to add a pool, build an ADU, or simply enjoy quiet mornings and lively evenings under the Texas sky. The curb appeal is equally charming, nestled on a peaceful street in a friendly, established neighborhood that feels worlds away yet sits just minutes from the best of Austin living. Imagine being less than 15 minutes to Downtown, Zilker Park, Barton Springs, and the vibrant energy of South Congress — all while enjoying the comfort and privacy of your own retreat. 5204 Hedgewood is that rare find: move-in ready, thoughtfully updated, and offering flexible financing options that make ownership easier than ever. This is more than a home — it’s an opportunity to invest in your lifestyle and future in one of Austin’s most desirable pockets.
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| Oct 23, 2025 | Price Decreased |
$539,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017