Rare extensive remodel/restoration or rebuild opportunity in the highly sought after North University neighborhood just minutes from the UT campus. Sitting on an oversized corner lot across the street from Hemphill park with provides the an opportunity like no other to redesign and renovate the in place historic home or start over with a completely new build maximizing the lot characteristics such as size and open space / lack of a neighbor to the west. This property is the perfect opportunity to build a forever home in the heart of with access to everything Austin has to offer including downtown, the Univeristy of Texas, the Domain and many more popular features and attractions. This location has everything. This is an extremely rare opportunity to purchase a property at approximately the tax appraised value and create something truly special in one of the best neighborhoods in central Austin.