5007 Lott Ave #1
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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$727,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Oct 23, 2026 | Listed by MCLANE REALTY, LLC | $737,000 | |
| Listed by MCLANE REALTY, LLC | |||
| |||
|
East Austin Vibes! |4BD | 3.5 BA | 2,276 Sq Ft | Detached Home | Private Yard
East Austin's creative energy, neighborhood parks, and a location that makes sense for homeowners and investors alike! Located in East MLK area, this modern detached home puts you close to the local spots that give East Austin its personality. Grab coffee, meet friends, or explore the restaurants, shops, and creative studios at nearby Springdale General. Springdale Neighborhood Park and Givens District Park offer green space, playgrounds, sports courts, and outdoor recreation, while Mueller, East 6th Street, and Downtown Austin expand your options for dining, entertainment, shopping, and everyday convenience. Built in 2022, this three-level home offers 2,276 square feet of modern design with plenty of personality. Polished concrete floors anchor the bright, open main level, connecting the kitchen, dining, and living areas. The kitchen features quartz countertops, a generous center island, SS appliances, and gas cooking, while a striking dark wood-slat accent wall adds an unexpected architectural touch to the dining space. A guest half bath completes the main level. The spacious primary suite features a large walk-in closet and private bath, while three additional bedrooms and two full bathrooms provide flexibility for guests, a home office, or different living arrangements. Outside, a covered deck overlooks a private backyard with turf and bamboo privacy screening, creating an inviting outdoor space with minimal upkeep. Beyond its appeal as a primary residence, this property's four-bedroom layout, contemporary finishes, and proximity to East Austin's popular destinations make it an attractive option for investment-minded buyers exploring rental opportunities. Whether you're drawn to the neighborhood's local character, the convenience of its central location, or the property's income-producing potential, this is an opportunity to make the most of East Austin living.
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| Dec 2, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 16, 2025 | Listed by Compass RE Texas, LLC | $799,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2025
|
4 Bed
|
3 Bath
|
2323 ft²
|
$799,000
4 Bed
3 Bath
2323 ft²
|
-
-
|
Lindsay Neuren
Compass RE Texas, LLC
| |
|
01/09/2024
|
4 Bed
|
4 Bath
|
2353 ft²
|
$779,000
4 Bed
4 Bath
2353 ft²
|
$699,000
-10.27%
01/09/2024
|
Ben Caballero
HomesUSA.com
| |
|
01/02/2024
|
2 Bed
|
3 Bath
|
1213 ft²
|
$545,000
2 Bed
3 Bath
1213 ft²
|
$545,000
01/02/2024
|
Ben Caballero
HomesUSA.com
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017