Active Listing  ·  27 days on market

1176 Lott Ave

Austin, TX 78721
$429,000
1 Bed 1 Bath 826 sqft $519/sqft Built 2017 0.14 acres Pool 5108 Lott Ave Site Condos

Welcome to Lott Avenue! Modern single-story farmhouse on a corner lot with a privacy and effecient living. This smartly designed 1-bedroom, 1-bath contemporary home with high ceilings throughout makes it live larger than its footprint. Sealed concrete floors add durability and modern character. Quality finishes include Kent Moore cabinetry, Delta faucets, Silestone countertops, and Whirlpool stainless steel appliances, with a custom decorative backsplash accenting the kitchen.

Stackable washer and dryer included, and all appliances convey. Step outside to a spacious cedar deck shaded by mature trees — an ideal setting for entertaining or quiet mornings alike. Ideally located near Mueller shops, restaurants, parks, and greenbelt trails, with easy access to downtown Austin.

At $519/sqft, this home is priced 32% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1176 Lott Ave, Austin, TX 78721

Property Details

Price $429,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 826 sqft
Lot Size 0.14 acres (6,316.2 sqft)
Year Built 2017
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision 5108 Lott Ave Site Condos
County Travis
Zip Code 78721
$/sqft $519/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,160.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244751248
List Date August 27, 2026
Elementary School Sims
Middle School Garcia
High School Northeast 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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 27, 2026 $440,000
Current ask $429,000
Reduced $11,000 (-2.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1816 Adina St #2
Flournoy & Jones 04 Sec 01
$429,369 $401 2 bd / 3 ba 1,070 sqft , 2026-05-15
1206 Luna St #2
Chernosky No 9
$425,000 $465 2 bd / 3 ba 914 sqft , 2026-04-16
1215 Fort Branch Blvd #2
Lincoln Gardens 1
$425,000 $390 2 bd / 2 ba 1,090 sqft , 2026-08-10
5005 Lott Ave #2
Masonfield
$409,000 $377 2 bd / 2 ba 1,084 sqft , 2026-07-02
1123 Omega Ave #1
Omega Condos
$449,000 $468 2 bd / 3 ba 960 sqft , 2026-07-23

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
$2,059/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
$85,800
20% conventional investment loan

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

Estimated Gross Rent+$2,059
Principal + Interest−$2,341
Property Tax (~2.1% TX avg)−$751
Insurance (~0.5%)−$179
Est. Monthly Cash Flow $-1,212

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 September 22, 2026.

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