Active Listing  ·  134 days on market

8107 Lazy Ln

Austin, TX 78757
$349,000
3 Bed 1 Bath 1,080 sqft $323/sqft Built 1956 0.20 acres 1-Car Garage Pool Wooten Park Sec 01

Selling as-is! Within the last five years sellers have replaced the furnace, the hot water system, and added a split A/C in the living room. Any plumbing concerns are limited to a bathroom and kitchen, which are less than 20 ft apart, and it has been lived in for years continuously. No issues or complaints with plumbing etc. Welcome to this beautifully updated bungalow in the heart of Central Austin, where timeless character meets thoughtful modern design. Offering a warm, light-filled atmosphere and a layout that lives far larger than its footprint, this inviting 3-bedroom residence blends comfort, functionality, and enduring appeal in one of the city’s most convenient locations.

Warm hardwood floors, abundant natural light, and an effortless flow between the living, dining, and kitchen spaces create an elevated yet approachable living experience—perfect for both everyday life and entertaining. The fully remodeled kitchen is a standout, featuring granite countertops, designer tile backsplash, stainless steel appliances, a gas range, and smart custom storage solutions including pull-out drawers and a lazy Susan. A charming breakfast area just off the kitchen offers the ideal setting for morning coffee or casual dining.

Outside, the expansive private backyard offers a rare sense of space and flexibility—ideal for entertaining, gardening, pets, or quiet evenings beneath the covered patio. Additional conveniences include indoor laundry with washer and dryer included, a one-car garage, and an additional carport.

Perfectly positioned in the desirable Wooten neighborhood, the home enjoys easy access to Burnet Road’s celebrated dining and coffee scene, The Domain, Downtown Austin, and nearby parks and green space.

Whether you’re searching for an elevated first home or a smart long-term investment in a rapidly growing area, this quintessential Austin residence presents a rare opportunity to own a home with both character and lasting value.

At $323/sqft, this home is 17% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8107 Lazy Ln, Austin, TX 78757

Property Details

Price $349,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,080 sqft
Lot Size 0.20 acres (8,886.24 sqft)
Year Built 1956
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wooten Park Sec 01
County Travis
Zip Code 78757
$/sqft $323/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,970.87
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222705100
List Date April 2, 2026
Elementary School Wooten
Middle School Burnet (Austin ISD)
High School Navarro 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 · April 2, 2026 $445,000
Previous ask $405,000
Current ask $349,000
Reduced $96,000 (-21.6%) 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
8417 Maine Dr
Colony North Sec 02
$349,000 $344 3 bd / 1 ba 1,014 sqft , 2026-07-23
7711 Watson St #B
7711 Watson Street Condo
$349,900 $453 2 bd / 1 ba 772 sqft , 2026-07-02
1204 Carrizo Ter
Wooten Village Sec 02
$345,900 $353 3 bd / 1 ba 980 sqft , 2026-04-06
206 E Wonsley Dr #2
St Anthony Village
$339,000 $316 2 bd / 2 ba 1,074 sqft , 2026-03-20
1500 Fairfield Dr
Wooten Park Sec 05
$334,900 $303 3 bd / 1 ba 1,105 sqft , 2026-06-23

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 10, 2026.

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