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Days40Days on Market
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$775,000

5007 Lott Ave # 1, Austin, TX, 78721

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$340.51 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Gas Oven, Free-Standing Range, Free-Standing Gas Range, Vented Exhaust Fan, Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size5,689 sqft

Building Information

Year Built2022
Stories3
Garage Spaces1

Land Information

APN02091961020000
Subdivision5007 Lott Avenue Condominiums
Land UseCondo
Legal Description5007 LOTT AVENUE CONDOMINIUMS UNT 1 PLUS 62 % INT IN COM AREA
Census Tract002110
Assessed Land Value$153,450
Assessed Improvement Value$518,375
Assessment Year2025

About this property

Modern living, no compromises — just minutes from downtown. Set in one of Austin's most energized corridors, this 4-bedroom, 4.5-bath detached home delivers 2,276 square feet of clean, intentional design. Polished concrete floors run throughout, anchoring a bright open-concept main level where the kitchen, living, and dining flow seamlessly together. The chef's kitchen features a large waterfall island, quartz countertops, two-tone cabinetry, stainless appliances, and a statement range hood built for function and finished with purpose. Custom wood slat wall detail in the dining space adds warmth and texture to an interior that's both distinctive and livable. With four en-suite bedrooms and a flexible layout, the home works equally well as a primary residence or an income-producing asset, a natural fit for investors looking to capitalize on one of Austin's most active STR corridors. Out back, fresh turf and bamboo privacy screening create a clean, low-maintenance outdoor retreat topped off with a covered deck built for year-round use. Located sub-10 minutes to downtown Austin and steps from the energy of East 6th, LiftATX, and the broader 78702 scene, this is a home that puts you exactly where you want to be.

Investor Tools

Property Icon
$671,825
Estimated Property Value
$666,875Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

Interested in this property?

Peyton Thompson

The Agency Austin, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,097/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$671,825
2025
$153,450
$518,375
$671,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$671,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$666,875
No
First
Sep 3, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,294,076
N/A
0%
193%
$7,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$7,998/mo
$-5,910/mo
3.7%

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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5007 Lott Ave # 1 | Property Details | No Agent List