Prime redevelopment opportunity in the heart of Central Austin! This 0.2069-acre (9,011 SF) lot features approximately 135 feet of road frontage on Jefferson Street and includes a 1,342 SF home built in 1950, now in disrepair and sold as a teardown. The property permits up to three residential units, making it an ideal investment opportunity for builders or developers. An in-ground pool is also on-site. Located less than half a mile from 35th St, 0.7 miles to Mopac, 5 miles to Downtown Austin, and 10 miles to Austin-Bergstrom International Airport (ABIA), the lot offers excellent accessibility in a highly desirable area. Please note that the property lies within the Shoal Creek 100-year floodplain.