
$3,999,900
NAL Estimated Property Value4908 Lott Ave, Austin, TX, 78721
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About this property
Incredible opportunity to build a private subdivision that backs up to Springdale Park! This is an entitled 19-lot subdivision known as Lightfield with 18 developable lots and 1.46 acres of open space next to Fort Branch Creek that can be built with up to 34 units with single-family homes and ADUs. The subdivision's final plat (2017-063757 C8) and construction plans (2018-000222 C8) have been approved by the city as of Feb 12, 2020.Restrictions: Yes
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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