Active Listing  ·  94 days on market

5242 Lassen Ln

Belton, TX 76513
$317,832
4 Bed 2 Bath 1,938 sqft $164/sqft Built 2026 0.20 acres 2-Car Garage Pool Three Creeks

Genius Floorplan!! Nestled within the sought-after Three Creeks subdivision, located close to Stillhouse Hollow Lake Dam, equidistant to the Temple/Belton or the Harker Heights/Killeen/Fort Hood areas, surrounded by nature yet within minutes to city conveniences, this beautiful neighborhood offers the best of both worlds, serene resort-like atmosphere yet conveniently close to all city conveniences. This gorgeous Tippit built home is perfectly situated on a cul-de-sac lot, Step through the arched portico into an inviting open floorplan, highlighted by a floor-to-ceiling stone-breasted fireplace in the spacious living room which flows seamlessly into the dining area and gourmet kitchen. The primary suite is positioned to the rear of the home for privacy and boasts a spa-like bath, complete with a two-bowl, granite topped vanity, deep soaking tub and separate shower, private toilet compartment, and humongous, walk-in closet. The 3 secondary bedrooms have amply sized closets, lighted ceiling fans, faux-wood window blinds, and plush carpeting, and share a full-size bath. Large, self-contained interior laundry room grants loads of storage capabilities. The twin bay garage is outfitted with a garage door opener and fold-away attic stairs. The covered patio and fully fenced back yard are perfect for relaxation, entertaining, or simply enjoying the serene surroundings. Community amenities include hiking and walking trails galore, with plenty of benches for rest and relaxation and enjoyment of the beautiful views, and a community pavilion perfect for family and/or community get-togethers. Another welcomed perk: this area is part of the Belton Independent School District.

At $164/sqft, this home is 34% below the Belton active market average of $249/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5242 Lassen Ln, Belton, TX 76513

Property Details

Price $317,832
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,938 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Three Creeks
County Bell
Zip Code 76513
$/sqft $164/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236954298
List Date June 30, 2026
Elementary School Chisholm Trail
Middle School South Belton
High School Belton
School District ,

Luke Allen (TREC #788149) has deep knowledge of Belton 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 Belton

Comparable Listings Right Now

Homes currently for sale in Belton 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
5215 Fenton Ln
Three Creeks Ph II
$325,000 $150 4 bd / 3 ba 2,160 sqft , 2026-01-29
5246 Lassen Ln
Three Creeks
$325,540 $164 3 bd / 2 ba 1,985 sqft , 2026-09-30
5866 Galveston Rd
Three Crks Ph 1A
$310,000 $144 4 bd / 2 ba 2,150 sqft , 2026-07-28
4655 Allison Dr
3 Crks Ph Ix
$304,900 $184 3 bd / 2 ba 1,658 sqft , 2026-09-10
5232 Fenton Ln
Three Creeks Ph Ii
$335,000 $160 4 bd / 3 ba 2,092 sqft , 2026-06-17

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
$1,526/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
$63,566
20% conventional investment loan

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

Estimated Gross Rent+$1,526
Principal + Interest−$1,735
Property Tax (~2.1% TX avg)−$556
Insurance (~0.5%)−$132
Est. Monthly Cash Flow $-897

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 Belton, TX

Belton 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 25, 2026.

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