Active Listing  ·  116 days on market

1004 Lott Ave

Austin, TX 78721
$879,990
3 Bed 3 Bath 2,542 sqft $346/sqft Built 2020 0.18 acres 2-Car Garage Pool Green Valley 02

Welcome to 1004 Lott Avenue, a beautifully designed home on Austin’s vibrant east side. As you step inside, you’re immediately greeted by a bright, wide-open floor plan filled with natural light and clean, modern finishes. The main living area flows effortlessly into the kitchen, where a center island with seating, sleek white cabinetry, gas cooktop, and stainless steel appliances make it easy to cook, gather, and entertain. Just off the living room, sliding glass doors lead you out to a covered patio, perfect for morning coffee or unwinding in the evenings. The primary suite is tucked away downstairs for privacy and convenience, with direct access to the patio and a spa-like ensuite featuring an oversized walk-in shower, double vanity, and a spacious walk-in closet. Head upstairs and you’ll find a versatile loft that can flex as a home office, second living space, or whatever fits your lifestyle, along with two additional bedrooms and a full bathroom with double vanities. Located just minutes from downtown Austin, this home offers easy access to some of the city’s other vibrant areas including Mueller & East Austin districts. Spend your days exploring local coffee shops, breweries, and some of Austin’s best dining spots, all just a short drive away. Enjoy nearby outdoor favorites like Lady Bird Lake with its hike and bike trails, perfect for kayaking, running, or soaking in the skyline views. With quick access to the 183 Toll and major roadways, commuting around the city or heading to the airport is a breeze. Whether you’re drawn to the energy of East Austin, the convenience of nearby amenities, or the outdoor lifestyle Austin is known for, this home places you right in the middle of it all. Schedule your showing today and experience the lifestyle firsthand.

At $346/sqft, this home is 12% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1004 Lott Ave, Austin, TX 78721

Property Details

Price $879,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,542 sqft
Lot Size 0.18 acres (8,023.75 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Green Valley 02
County Travis
Zip Code 78721
$/sqft $346/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,659.25
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225653672
List Date April 10, 2026
Elementary School Ortega
Middle School Kealing
High School Eastside Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2805 McCurdy St #10
Mueller
$879,000 $431 3 bd / 4 ba 2,040 sqft , 2026-02-24
2805 McCurdy St #19
Mueller
$879,000 $434 3 bd / 4 ba 2,025 sqft , 2026-07-11
505 Wester Ross Ln
Lakeway Highlands Ph 01 Sec 02
$884,500 $278 4 bd / 4 ba 3,182 sqft , 2026-07-08
7705 Shelton Rd
Burleson
$875,000 $518 3 bd / 2 ba 1,689 sqft , 2026-01-08
3905 Vantage Dr
The Grove
$875,000 $408 4 bd / 4 ba 2,144 sqft , 2026-03-03

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,224/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$175,998
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,224
Principal + Interest−$4,802
Property Tax (~2.1% TX avg)−$1,540
Insurance (~0.5%)−$367
Est. Monthly Cash Flow $-2,485

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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