4714 Lambs Lane is full of potential and offers a rare opportunity to own a one-story home on a large corner lot in Southeast Austin with no HOA and convenient access to I-35, downtown Austin and the airport. This older home does need additional updates and repairs, but several important improvements have already been completed, giving the next owner a strong starting point. Recent updates include a roof replacement in 2023, updated electrical in 2024, and weatherization improvements in 2024 including added insulation, solar window screens, updated AC ducts, and supply registers. The primary bathroom was also renovated in 2024 with ADA accessibility improvements including a walk-in shower, and the home features an ADA ramp at the front entry door. The updated kitchen features a stainless steel KitchenAid gas range and the refrigerator that conveys with the sale. The property also features a 2-car garage and storage shed, with plenty of space and flexibility for someone looking to renovate, personalize, or invest in an established Austin neighborhood. Whether you’re looking for a project with upside potential or a home you can add your own style to, this property offers a great opportunity in a fast-growing area of Austin.