$299,999 - 5001 Lott Avenue, Austin

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!