About This Home

Located in an established pocket of Central Austin, this updated 3 bedroom home blends classic character with meaningful improvements already in place. Major recent upgrades include a new roof, new windows, and new gutters, providing both peace of mind and improved energy efficiency. The oversized lot offers room to expand, entertain, or reimagine the property over time. Positioned in a highly accessible location near major corridors, local dining, shopping, and entertainment. A strong opportunity to secure a well-maintained property in north central Austin.

At $359/sqft, this home is 8% 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

8207 Lazy Ln, Austin, TX 78757

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Property Details

Price $425,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths 1

Living Area 1,184 sqft

Lot Size 0.19 acres (8,293.82 sqft)

Year Built 1961

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Wooten Park Sec 03

County Travis

Zip Code 78757

$/sqft $359/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,109.57

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT230523974

List Date May 19, 2026

Elementary School Wooten

Middle School Burnet (Austin ISD)

High School Navarro Early College

School District ,

Have Questions About This Property?

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

6300 Merriwood Dr
Flournoys Sweetbriar Sec 11 $425,000 $287 3 bd / 2 ba 1,481 sqft , 2025-12-28

641 W 31st 1/2 St
Kings Row Condo $425,000 $422 2 bd / 2 ba 1,008 sqft , 2026-03-20

1413 Charolais Dr
Gracywoods $425,000 $269 3 bd / 2 ba 1,582 sqft , 2026-06-05

9616 Holly Springs Dr
Tanglewood Forest Sec 02 Ph D $425,000 $362 3 bd / 2 ba 1,174 sqft , 2026-06-04

5409 Hunters Gln
Salem Walk Sec 02 $425,000 $295 3 bd / 2 ba 1,443 sqft , 2026-06-06

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

$2,040/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

$85,000

20% conventional investment loan

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

Estimated Gross Rent+$2,040

Principal + Interest−$2,319

Property Tax (~2.1% TX avg)−$744

Insurance (~0.5%)−$177

Est. Monthly Cash Flow $-1,200

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

8207 Lazy Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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