Active Listing  ·  142 days on market

8207 Lazy Ln

Austin, TX 78757
$415,000
3 Bed 2 Bath 1,184 sqft $351/sqft Built 1961 0.19 acres 1-Car Garage Pool Wooten Park Sec 03

Located in an established pocket of Central Austin, the home offers recent improvements and sits on a spacious lot. Major recent upgrades include a new roof, new windows, and new gutters, updated interior fixtures and fresh interior paint. The living room is pre-wired for surround sound. The oversized lot offers room to expand, entertain, or reimagine the property over time. Adding to the opportunity, the current zoning may provide another layer of flexibility for use, offering potential for future residential redevelopment possibilities subject to applicable regulations and buyer verification.

Positioned in a highly accessible location this presents a strong opportunity to secure a well maintained, move-in-ready home.

At $351/sqft, this home is 10% 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

8207 Lazy Ln, Austin, TX 78757

Property Details

Price $415,000
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 $351/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 ,

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 · May 19, 2026 $425,000
Current ask $415,000
▼ Reduced $10,000 (-2.4%) 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
9304 Hunters Trce
Quail Creek West Sec 03
$419,000 $341 3 bd / 2 ba 1,230 sqft , 2026-08-06
8401 Staunton Dr
Colony North Sec 02
$409,997 $300 3 bd / 2 ba 1,365 sqft , 2026-08-31
8311 Briarwood Ln
Northtowne Sec 01
$398,000 $288 3 bd / 2 ba 1,383 sqft , 2026-06-23
7913 Tisdale Dr
SUNSET VIEW
$390,000 $293 4 bd / 2 ba 1,332 sqft , 2026-02-03
8318 Burrell Dr
Wooten Park Sec 02
$440,000 $447 3 bd / 2 ba 984 sqft , 2025-08-13

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 18, 2026.

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