Endless Potential in East Austin: Charming Bungalow, Expansive Lot, Exceptional Location! Welcome to 4904 Alf Ave, a cozy East Austin bungalow with tons of charm and impressive investment potential! This 2-bedroom, 1-bath cottage sits on a spacious lot, with a large backyard that’s ripe with possibilities. Currently operating as a high-performing Airbnb, it offers a unique opportunity for immediate income—financials are available for those interested. Just steps away, the vibrant Springdale Green, Springdale General, and Springdale Station create a lively, walkable neighborhood filled with art studios, coffee shops, breweries, and unique local shopping. Plus, this location is a quick uber drive to downtown and hotspots like East 6th St., Rainey Street, South Congress, and West 6th, making it a prime choice for vacation rentals or future development. For investors, the options are limitless. Keep it as a lucrative short-term rental or build a custom home that capitalizes on the expansive lot and the neighborhood’s renowned vibrancy and eclectic appeal. Or even consider adding an accessory dwelling unit (ADU) to maximize income on this valuable property. Whether you’re looking to build, invest, or enjoy the lifestyle yourself, this East Austin gem offers unmatched flexibility in a booming area.