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Austin · Masonfield

$299,999 153 days on market

Reduced from $350,000 · −14.3%

5001 Lott Ave, Austin, TX 78721

  • 2bedrooms
  • 1bathrooms
  • 704sqft
  • 0.17acres
  • 1953year built

About this home

Investor Special in East Austin

Fantastic opportunity in one of East Austin’s fastest-growing neighborhoods. The existing home is a tear down or full renovation, offering a blank slate for builders and developers. The large, corner lot with mature trees backs to a greenbelt and offers potential for multiple units (buyer to verify). In 2024, the property received a new roof and a wood fence with a wrought-iron gate along the north, east, and south sides.

The location provides added peace of mind being close to the fire station and convenient access to recreation. Morris Williams Golf Course is nearby, and the property is walking distance to two parks, including Givens District Park with its gym, sports courts, pool, and playground.

Surrounded by new construction and minutes from downtown and local restaurants, this property is positioned for strong future value. Ideal for a modern single-family home, duplex, or multi-unit project.

Endless possibilities in a prime East Austin location!

Property

Type
Single Family Residence
Levels
One
Year built
1953
Lot size
0.17 acres
Subdivision
Masonfield
MLS #
ACT6797052

Inside

Bedrooms
2
Bathrooms
1
Living area
704 sqft

Schools

Elementary
Norman-Sims
High school
Northeast Early College
District
Austin ISD

Costs

Est. annual taxes
$5,539 (2025)

Listing

First listed
Dec 6, 2025
Days listed
153
Original price
$350,000
Status
Active

Listed by Lindsey Palkovic, HOYDEN HOMES · [email protected] · MLS# ACT6797052 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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