ActiveResidential · sale

5007 Lott Ave #1

Austin, TX 78721

$737,000

  • 4 beds
  • 4 baths
  • 2,276 sq ft
  • 0.13 acres
  • Built 2022

Listed by MCLANE REALTY, LLC · MLS #ACT5218964

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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5007 Lott Ave #1, Austin, TX 78721 · MLS #ACT5218964

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Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Outside, a covered deck overlooks a private backyard with turf and bamboo privacy screening, creating an inviting outdoor space with minimal upkeep.

Year built

Built in 2022.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

East Austin Vibes! |4BD | 3.5 BA | 2,276 Sq Ft | Detached Home | Private Yard
East Austin's creative energy, neighborhood parks, and a location that makes sense for homeowners and investors alike! Located in East MLK area, this modern detached home puts you close to the local spots that give East Austin its personality. Grab coffee, meet friends, or explore the restaurants, shops, and creative studios at nearby Springdale General. Springdale Neighborhood Park and Givens District Park offer green space, playgrounds, sports courts, and outdoor recreation, while Mueller, East 6th Street, and Downtown Austin expand your options for dining, entertainment, shopping, and everyday convenience. Built in 2022, this three-level home offers 2,276 square feet of modern design with plenty of personality. Polished concrete floors anchor the bright, open main level, connecting the kitchen, dining, and living areas. The kitchen features quartz countertops, a generous center island, SS appliances, and gas cooking, while a striking dark wood-slat accent wall adds an unexpected architectural touch to the dining space. A guest half bath completes the main level. The spacious primary suite features a large walk-in closet and private bath, while three additional bedrooms and two full bathrooms provide flexibility for guests, a home office, or different living arrangements. Outside, a covered deck overlooks a private backyard with turf and bamboo privacy screening, creating an inviting outdoor space with minimal upkeep. Beyond its appeal as a primary residence, this property's four-bedroom layout, contemporary finishes, and proximity to East Austin's popular destinations make it an attractive option for investment-minded buyers exploring rental opportunities. Whether you're drawn to the neighborhood's local character, the convenience of its central location, or the property's income-producing potential, this is an opportunity to make the most of East Austin living.

THE NEIGHBORHOOD

Explore the location.

5007 Lott Ave #1, Austin, TX 78721

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$506,738Down 1.2% vs. the previous 12 months
Months of supply5.712-month average
Days on market8312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2022
Full baths
3
Half baths
1
Garage spaces
1
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Gas Oven, Free-Standing Gas Range, RNGHD, Stainless Steel Appliance(s), Vented Exhaust Fan, Tankless Water Heater
Flooring
Concrete, No Carpet, Tile, Wood
Fencing
Back Yard, Fenced, Privacy, Wood
Accessibility
None
Pool features
None
Subdivision
5007 Lott Ave Condos
Parcel
02091961020000
HOA
5007 Lott Condominiums
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Sims
Middle school
Kealing
High school
Northeast Early College
Annual property tax
$14,800.80
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$997.59
Estimated monthly rent$3,070.83
Cap rate1.87%

Annual operating income: $13,813.57

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

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Listing information

MLS #ACT5218964 · Austin Board of Realtors

Listing brokerage: MCLANE REALTY, LLC
Listing agent: Angel Chancellor

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.