Nestled just a couple of blocks from the Colorado River and Festival Beach—and only about a mile from vibrant downtown Austin—this property offers unmatched potential in one of the city’s most sought-after neighborhoods. The existing home is older and will likely be considered a tear-down, making it an ideal canvas for new construction in a thriving, high-demand area. Enjoy walkable access to fabulous local restaurants, coffee shops, parks, and endless activities along the hike-and-bike trail. The added benefit of alley access opens the door for flexible development options, including the possibility of building multiple homes or an impressive investment project. With its unbeatable location and development versatility, this is truly an investor’s dream lot—perfect for creating high-value residences in the heart of Austin’s energetic eastside.