Investor Special in East Austin Fantastic opportunity in one of East Austin’s fastest-growing neighborhoods. The existing home is a tear down or full renovation, offering a blank slate for builders and developers. The large, corner lot with mature trees backs to a greenbelt and offers potential for multiple units (buyer to verify). In 2024, the property received a new roof and a wood fence with a wrought-iron gate along the north, east, and south sides. The location provides added peace of mind being close to the fire station and convenient access to recreation. Morris Williams Golf Course is nearby, and the property is walking distance to two parks, including Givens District Park with its gym, sports courts, pool, and playground. Surrounded by new construction and minutes from downtown and local restaurants, this property is positioned for strong future value. Ideal for a modern single-family home, duplex, or multi-unit project. Endless possibilities in a prime East Austin location!
Active
$350,000
5001 Lott Ave, Austin, TX 78721
2beds
704sqft
Est.:
Single Family Residence
Built in 1953
7,440.05 Square Feet Lot
$-- Zestimate®
$497/sqft
$-- HOA
What's special
Backs to a greenbelt
- 4 days |
- 199 |
- 8 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 12:37pm
Listed by:
Lindsey Palkovic (512) 799-1999,
HOYDEN HOMES (512) 799-1999
Source: Unlock MLS,MLS#: 6797052
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- See Remarks
Cooling
- Other
Appliances
- Included: None
Features
- See Remarks
- Flooring: See Remarks
- Windows: See Remarks
Interior area
- Total interior livable area: 704 sqft
Property
Parking
- Parking features: Driveway, Off Street
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: See Remarks
- Exterior features: None
- Pool features: None
- Fencing: Back Yard, Wood, Wrought Iron
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 7,440.05 Square Feet
- Features: Back Yard, Corner Lot
Details
- Additional structures: None
- Parcel number: 02091908010000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: See Remarks
- Roof: Composition, Shingle
Condition
- See Remarks
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground, Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Features: See Remarks
- Subdivision: Masonfield
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $497/sqft
- Tax assessed value: $270,665
- Annual tax amount: $5,364
- Date on market: 12/6/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2025 | Listed for sale | $350,000$497/sqft |
Source:  Unlock MLS #6797052 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $270,665 +5.9% |
| 2024 | $5,063 -15.5% | $255,491 -27.5% |
| 2023 | $5,993 -13.6% | $352,392 +0.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,221/mo
Principal & interest
$1701
Property taxes
$397
Home insurance
$123
Climate risks
Neighborhood: MLK 183
Nearby schools
GreatSchools rating
- 2/10Norman Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10Martin Middle SchoolGrades: 7-8Distance: 3.2 mi
- 2/10Northeast Early College High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Norman-Sims
- Middle: Martin
- High: Northeast Early College
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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