A new grey roof was installed in October!! Looking for an investment opportunity that's nestled in one of Austin's hottest neighborhoods, charm, and potential? Look no further! Customize and transform this house into your dream home with modern updates and personal touches. Profit from your work, excellent potential for a high return on investment for savvy investors. Location, location, and location! In addition, the City of Austin has approved and announced a super cool new biking and walkway access from this street! Just 3.4 miles from Downtown Austin. The spacious 3,000+ square foot residence provides endless potential, including an opportunity for a future condo development, B&B, income-producing short-term rental, etc. The charming Spanish-infused interior features wood-cased windows, Saltillo tile and hardwood flooring, and two spacious living areas on the main floor for entertaining. The exterior offers tons of space for outdoor living, including a sprawling covered patio and 2nd-floor terrace. A nature enthusiast's dream, this property is located a mere 3-minute walk to Ladybird Lake where you can enjoy swimming, kayaking, or hiking, and just a 3-minute walk to one of the hippest streets in Austin where you'll find Juiceland, Blue Owl Brewing, BBQ, Vegan Norm, Mexican cuisine, pizza, coffee shops, and more. Only a 4-minute drive to HEB making daily errands a breeze. Within 3 miles of the popular Rainey Street District's vibrant nightlife in addition to the UT Campus, Facebook, Google, and Oracle. Schedule a showing today! Zoned for SF-3-NP.