5006 Lott Ave #2
About This Property
Soaring vaulted ceilings, 8-foot doors, and abundant natural light create an open, airy feel throughout. The kitchen impresses with quartz countertops, flat-panel cabinetry, stainless appliances, and sleek open shelving-bringing both style and function to the heart of the home. Polished concrete floors downstairs and warm hardwoods upstairs provide borh edge and elegance.
Upstairs, the layout features two generously sized bedrooms, each with its own ensuite bath. The primary suite offers a peaceful retreat with a private balcony and a spa-style bathroom featuring a walk-in shower, designer lighting, and luxe modern finishes.
The finished garage adds 200+ sq ft of bonus living space, complete with mini-split A/C, finished walls, and polished concrete floors. Currently used as an office and music studio, it's the ideal flex space-ready to serve as a creative workspace, home gym, or second lounge. An extra-long driveway provides rare off-street parking.
Outside, a fully fenced backyard oasis awaits-featuring a flagstone dining patio, fire pit area, raised planter beds, and fruiting pomegranate trees. You're surrounded by some of East Austin's best spots-coffee at Palomino or Medici, craft brews at Oddwood, and food favorites like KG BBQ, Birdies, and Micklethwait. Hit Sahara Lounge for a night out, or stay active with Dane's Body Shop, Rise Kickboxing, and the Austin Bouldering Project. Givens Park is just steps away with a newly refreshed pool, plus easy access to South Walnut Creek Trailhead.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$449,000
↓ $9K
(2%) | |
| Price Decreased | |||
| Jun 29, 2025 | Price Decreased |
$458,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by Compass RE Texas, LLC | $468,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2025
|
2 Bed
|
2 Bath
|
929 ft²
|
$468,000
2 Bed
2 Bath
929 ft²
|
$449,000
-4.06%
06/12/2025
|
Timothy Powles
Compass RE Texas, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017