31
Map
$295,000
●
House -
Off Market
5100 Lambs LN
Austin, TX 78744
3 Beds
2 Baths
1,225 Ft²
$1,449
Est. Monthly
About This Property
MOTIVATED SELLER! Looking for affordable, yet close to
downtown?
5100 Lambs Lane is tucked into an attainable pocket of Southeast Austin, with easy access to downtown, the airport, and everyday conveniences, while still being close to some of the area's best green space. Lambs Lane stands out for its well-kept homes and cared-for yards, giving it a quieter, established feel.
Inside, the living room is anchored by a cozy stone fireplace. The home has seen a number of practical updates, including hardwood floors, refreshed bathrooms, new carpet, fresh interior paint, updated fixtures and wiring, and a newer roof.
The unique layout offers flexibility and privacy, with the primary bedroom upstairs and two secondary bedrooms downstairs. Out back, the yard is a blank canvas-ready for a garden, play space, or future improvements.
Day to day, the location strikes an easy balance between convenience and the outdoors. Downtown Austin is about a 20-minute commute, Southpark Meadows is nearby for shopping and dining, and both Onion Creek Metro Park and McKinney Falls state park are close by-offering trails, open space, and a welcome escape into nature.
5100 Lambs Lane is tucked into an attainable pocket of Southeast Austin, with easy access to downtown, the airport, and everyday conveniences, while still being close to some of the area's best green space. Lambs Lane stands out for its well-kept homes and cared-for yards, giving it a quieter, established feel.
Inside, the living room is anchored by a cozy stone fireplace. The home has seen a number of practical updates, including hardwood floors, refreshed bathrooms, new carpet, fresh interior paint, updated fixtures and wiring, and a newer roof.
The unique layout offers flexibility and privacy, with the primary bedroom upstairs and two secondary bedrooms downstairs. Out back, the yard is a blank canvas-ready for a garden, play space, or future improvements.
Day to day, the location strikes an easy balance between convenience and the outdoors. Downtown Austin is about a 20-minute commute, Southpark Meadows is nearby for shopping and dining, and both Onion Creek Metro Park and McKinney Falls state park are close by-offering trails, open space, and a welcome escape into nature.
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Unlock MLS #ACT8961374)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Price Decreased |
$295,000
↓ $29K
(9%) | |
| Price Decreased | |||
| Feb 18, 2026 | Price Decreased |
$324,000
↓ $6K
(1.8%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by Compass RE Texas, LLC | $330,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Nuckles Crossing
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Listed by: Lilly Rockwell
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-04-07 04:17:03
Data Source: Unlock MLS, MLS# ACT8961374
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-04-07 04:17:03
Data Source: Unlock MLS, MLS# ACT8961374
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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