Active Listing  ·  23 days on market

1113 Lawson Ln

Austin, TX 78702
$435,000
3 Bed 2 Bath 1,018 sqft $427/sqft Built 1984 0.15 acres Pool Rosewood Village

Rare opportunity in the heart of East Austin’s 78702. Located at 1113 Lawson Ln, this 3-bedroom, 2-bath home offers compelling potential for an owner-occupant, investor, renovator, or buyer exploring future redevelopment possibilities.

Zoned SF-3, the property is positioned in one of Austin’s most sought-after urban neighborhoods, surrounded by ongoing reinvestment and redevelopment. Enjoy convenient access to Downtown Austin, UT Austin, Mueller, local parks, coffee shops, restaurants, entertainment, and iconic East Austin destinations including Franklin Barbecue.

Whether the vision is renovation, long-term investment, or a future project, this property offers location, flexibility, and opportunity in a highly desirable central Austin setting.

Property sold as-is. Probate listing; court approval required. Buyer to independently verify zoning, permitted uses, redevelopment potential, utilities, restrictions, and all development requirements with the City of Austin.

At $427/sqft, this home is priced 9% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1113 Lawson Ln, Austin, TX 78702

Property Details

Price $435,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,018 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Rosewood Village
County Travis
Zip Code 78702
$/sqft $427/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,287.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248304651
List Date September 30, 2026
Elementary School Blackshear
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
1309 Chicon St #401
Habichts
$432,250 $565 2 bd / 1 ba 765 sqft , 2026-04-24
2108 Rosewood Ave #B
Rosewood
$439,000 $386 2 bd / 3 ba 1,136 sqft , 2026-05-30
40 N Interstate 35 Hwy #4A4
Towers Town Lake Condo Amd
$429,000 $348 2 bd / 2 ba 1,234 sqft , 2026-08-31
1008 E 8th St
Robertson George L
$445,000 $491 2 bd / 1 ba 906 sqft , 2026-09-24
2002 E 7th St #217
Eastline Condos
$424,900 $366 2 bd / 2 ba 1,162 sqft , 2026-06-25

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
$2,088/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
$87,000
20% conventional investment loan

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

Estimated Gross Rent+$2,088
Principal + Interest−$2,374
Property Tax (~2.1% TX avg)−$761
Insurance (~0.5%)−$181
Est. Monthly Cash Flow $-1,228

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →