4801 LOTT AVE

Blueprint768 SF
2
1
1949
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: Epique Realty LLC

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.

Virtual Tour Link
Avatar
Listing Agent: Geovanna Sanchez
Broker Phone: (512) 387-0722
Broker: Epique Realty LLC
ABOR
Austin Board of REALTORS®
List Price: $374,000
List date: 10/13/2024
Days on Rescover: 89
MLS Source: ABOR
MLS Number: 6833183
MLS Data Sync: 1/9/2025 9:00 PM CST
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling