Active Listing  ·  16 days on market

7300 Lazy Creek Dr

Austin, TX 78724
$395,000
3 Bed 2 Bath 1,246 sqft $317/sqft Built 1979 0.19 acres 2-Car Garage Pool Las Cimas Sec 01

Welcome to 7300 Lazy Creek Drive, where comfort, style, and energy efficiency come together in a convenient Austin location. A cheerful turquoise front door adds personality to this inviting single-story brick home, situated on a spacious 0.19-acre lot with mature trees, a well-maintained lawn, an attached garage, and solar panels.

Inside, the open-concept layout is filled with natural light and features high ceilings, wood flooring, and a spacious living area with a ceiling fan and sliding glass doors overlooking the backyard. The kitchen opens seamlessly to the dining and living spaces and includes stainless steel appliances, a gas range, refrigerator, recessed lighting, ample cabinetry, and a functional center island.

The comfortable bedrooms feature ceiling fans and durable wood or vinyl flooring. Thoughtfully updated bathrooms include stylish details such as subway tile, a tub-and-shower combination, a walk-in shower, and a charming barn door. A dedicated laundry area with a washer and dryer adds everyday convenience.

The private, fenced backyard is ready for entertaining or relaxing, with a generous wooden deck and outdoor fire pit surrounded by mature landscaping. Conveniently located near Austin shopping, dining, recreation, and major roadways, this welcoming home offers an ideal combination of indoor comfort and outdoor enjoyment.

At $317/sqft, this home is 19% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7300 Lazy Creek Dr, Austin, TX 78724

Property Details

Price $395,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,246 sqft
Lot Size 0.19 acres (8,363.52 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Las Cimas Sec 01
County Travis
Zip Code 78724
$/sqft $317/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239319411
List Date August 6, 2026
Elementary School Jordan
Middle School Dobie (Austin ISD)
High School Lyndon B Johnson (Austin ISD)
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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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
7209 Gunnison Pass
Las Cimas Sec 01
$395,000 $295 3 bd / 2 ba 1,337 sqft , 2026-07-11
5710 Boulder Crk
Las Cimas Sec 02
$397,500 $357 3 bd / 2 ba 1,112 sqft , 2026-07-22
7609 Crystalbrook Dr W
Northridge Park Sec 01
$392,000 $384 3 bd / 2 ba 1,020 sqft , 2026-05-13
7300 Fred Morse Dr
Vintage Hills Sec 02
$400,000 $242 3 bd / 2 ba 1,650 sqft , 2026-07-17
5804 Whitebrook Dr
Crystalbrook Sec 01
$414,999 $313 3 bd / 2 ba 1,326 sqft , 2026-07-30

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
$1,896/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
$79,000
20% conventional investment loan

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

Estimated Gross Rent+$1,896
Principal + Interest−$2,156
Property Tax (~2.1% TX avg)−$691
Insurance (~0.5%)−$165
Est. Monthly Cash Flow $-1,116

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 August 22, 2026.

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