Active Listing  ·  0 days on market

2007 Lazy Brk

Austin, TX 78723
$575,000
4 Bed 3 Bath 2,196 sqft $262/sqft Built 1969 0.22 acres 2-Car Garage Pool Brookside Estates

DO NOT ACCESS PROPERTY WITHOUT PERMISSION AND ACCOMPANIMENT OF LISTING AGENT. An exceptional remodeling opportunity in Brookside Estates near Mueller. The community’s desirable location, generous lot sizes, and proximity to restaurants, shopping, and East Austin eateries make this property an appealing investment opportunity. This estate property is being offered through a court-approved sale, and an eviction is currently in process. Buyers should review all inspection reports available in the documents section. These reports include interior photos. The property is offered strictly as-is, and the sale is subject to final court approval and completion of the eviction process. Roof is class 3 replaced September 2025. Showings will not be possible without accepted written offer.

At $262/sqft, this home is 33% 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

2007 Lazy Brk, Austin, TX 78723

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,196 sqft
Lot Size 0.22 acres (9,435.1 sqft)
Year Built 1969
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Brookside Estates
County Travis
Zip Code 78723
$/sqft $262/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,005.62
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250633058
List Date October 23, 2026
Elementary School Blanton
Middle School Pearce Middle
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.

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
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-10-02
5006 Pecan Springs Rd #7
Lofts/St Stephens Condos
$585,000 $267 3 bd / 4 ba 2,191 sqft , 2026-10-02
5817 Sutherlin Rd
Enclave at Sutherlin
$589,900 $319 3 bd / 3 ba 1,847 sqft , 2026-10-21
5604 Chadwyck Dr
Preswyck Hills Sec 05
$589,995 $281 5 bd / 3 ba 2,097 sqft , 2026-01-20
5001 Bundyhill Dr
Crest Hills Sec 02
$560,000 $356 3 bd / 2 ba 1,571 sqft , 2026-08-19

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 23, 2026.

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