This prime one-third acre property offers endless potential in one of Austin’s most sought-after areas, where homes are selling between $600k and close to $1,000,000. Renovate the existing home or build two new ones—utilities, including water, electricity, and a working septic system, are already in place.

Listed at just $300k, well below the appraised value of $363k, this property is a rare find. With short-term rentals allowed, it’s perfect for generating significant income. Conveniently located near shopping, schools, and close to Lake Austin and Lake Travis, it also boasts a low property tax rate of 1.6%.

The adjacent vacant lot, also over a third of an acre, is available and can support two additional homes, maximizing your investment.