4803 Lott Ave
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by All City Real Estate Ltd. Co | $150,000 | |
| Listed by All City Real Estate Ltd. Co | |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 16, 2025 | Listed by Epique Realty LLC | $373,500 | |
| Listed by Epique Realty LLC | |||
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DEVELOPMENT OPPORTUNITY ON A GREAT LOCATION!!
Welcome to an exceptional opportunity at 4801 and 4803 Lott Ave, Austin, TX 78721. Located in the dynamic Eastfield neighborhood. This offering includes not just one, but two parcels of land (W PT OF LOT 8 BLK 6 EASTFIELD and E59.6 FT OF LOT 8 BLK 6 EASTFIELD), providing an expansive canvas for your real estate dreams. The combined lots offer ample space for development, whether you're envisioning a spacious single-family home, a multi-unit investment property, or a creative community space. Zoned SF-3-NP. The home features new roof, new paint as well as a newer HVAC system ensuring comfort and efficiency. Located near the vibrant Mueller neighborhood, you'll have easy access to a variety of shops, restaurants, and parks. Downtown Austin and 12th Street are just a short drive away, offering a plethora of entertainment and dining options. Plus, the new Tesla Mega Factory is nearby, adding to the area's growth and appeal. Whether you're looking to invest, redevelop, or renovate, this property offers a unique opportunity to create your dream home or a lucrative investment. Don't miss out on this rare opportunity to own a piece of Austin's dynamic real estate landscape. With its prime location and ample space, 4801 and 4803 Lott Ave are poised to become a standout-property in this thriving community. Nearby businesses include: H-E-B Grocery Store Mueller Lake Park Alamo Drafthouse Cinema Thinkery Children's Museum Torchy's Tacos Schedule a viewing today and envision the possibilities!
Information provided (measurements, schools, tax, etc) is deemed reliable, but is not guaranteed and should be independently verified by the buyer or the buyer's agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017