FOR_SALERisky Deal41 days on market

208 Lessin Ln

208 Lessin Ln, Austin, TX 78704, Austin, TX 78704
$875,000
Zestimate®:$827,100

Listing Price

Property image 1
208 Lessin Ln, Austin, TX 78704
Loc: Austin, TX
Days Listed
41
Tax Assessed
$763k
Zestimate®
$827k
Market Rate
Lot Size
8,455 sqft
Rent Estimate
$4,809/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Galindo Elementary School

PK-5
0.5 mi away
4

Fulmore Middle School

6-8
1.4 mi away
1

Travis High School

9-12
1.2 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.10%
Total ROI
10.2%
Cash Flow
$-1,433/mo
DSCR
0.68
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-15Price change$850,000$363
2026-07-27Listed for sale$875,000$374
2021-01-14Listing removed$0
2021-01-12Listed for rent$3,275$1
2016-03-22Listing removed$2,550$1
2016-03-16Listed for rent$2,550$1
2016-03-02Sold$0
2016-01-21Pending sale$549,000$235
2016-01-13Price change$549,000$235
2015-10-22Price change$599,000$256
2015-10-07Price change$625,000$267
2015-09-19Listed for sale$675,000$288

Tax History

YearProperty TaxTax Assessment
2025$12,767.04$763,479
2024$16,249.41$958,320
2023$13,411.02$871,200
2022$13,841.61$792,000
2021$0$752,500
2020$14,122.59$693,784
2019$12,362.35$704,900
2018$10,555.04$573,375
2017$10,555.04$628,003
2016$6,701.14$368,312
2015$6,701.14$334,829
2014$6,701.14$304,390
2013$0$276,718
2012$0$251,562
2011$0$228,693
2010$0$230,258
2009$0$231,822
2008$0$233,387
2007$0$127,972
2006$0$72,637
2005$0$66,034
2002$1,931.64$89,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,340
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $875,000Rent Basis: Observed Comp Model ($4,809/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $438/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.91%

NOI: $25,437/yr

Cash-on-Cash Yield
-14.4%

On $201,250 invested

DSCR Ratio
0.47x

Negative debt coverage

5-Yr Leveraged ROI
+22.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$1,145/mo
Homeowner / Hazard Insurance-$438/mo
Vacancy Reserve (5% of rent)-$240/mo
Repairs & Maintenance (10% of rent)-$481/mo
Property Management (8% of rent)-$385/mo
Total Pure Operating Expenses-$2,689/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,809/mo
Less: Operating Expenses-$2,689/mo
Net Operating Income (NOI)+$2,120/mo
Less: Debt Service (30yr @ 6.75%)-$4,540/mo
Net Cash Flow
$-2,420/mo
$-29,046/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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