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$621,000

NAL Estimated Property Value

Lott Ave Lot T, Austin, TX, 78721

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesNone
Lot Size889 sqft

Land Information

APN02091903120000
Lot NumberA
SubdivisionMasonfield
Land UseResidential
Legal DescriptionTRT A MASONFIELD
Census Tract002110
Assessed Land Value$1,688
Assessment Year2025

About this property

Rare opportunity to own 2.0+/- acres in East Austin. Many recently constructed homes surround this home which enchants the desirability of this property. Build your home (s) or, an investment property in a highly desirable area. The property is located directly behind all the homes along the intersection of Lott Ave and Prock Lane, zoned as an SF-3 NP zoning district. Under the new SF-3-NP zoning district, you can build a single-family residence, a two-family residence (1single family residence plus 1 accessory dwelling unit,) or a duplex. The maximum number of dwelling units that can be build on each lot is 2, so either a duplex or a two-family residence. Buyer and/or buyers agent to verify information with COA. Property is close to amazing developments in East Austin such as Springdale General and Springdale Green (30.18 -Acre lot with 800,000 SF Office/ Retail Complex. This property is walking distance to Red Bluff Nature Preserve, Springdale Neighbor Park and Govalle Park. Parents can enjoy walking their children to Ortega Elementary. This property is minutes to Downtown Austin, 10 minutes to UT Austin, and only 15 minutes to Tesla Giga factory in East Austin!!! Easy access to 183, and Austin Airport. This unique location offers a sanctuary from the city within the city. Also available for Sale, the adjoining property is 5405 Prock Ln ABOR MLS. .5 Acre (3 platted lots with street access)

Investor Tools

Property Icon
$621,000
Estimated Property Value
$0Estimated Mortgage Balance
$621,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,726 /month
Positive
Cash Flow Estimate:
$1,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33
$1,688
2025
$1,688
N/A
$1,688
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33
$1,688

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$606,000
100%
0%
$0/mo

City: Austin

Lott Ave Lot T | Property Details | No Agent List