Rare downtown Austin opportunity priced below market with foundation repairs in mind. This home can be rented as-is, making it a strong option for investors looking for immediate rental potential while planning future improvements.

The property offers incredible upside for investors, builders, or buyers looking for a renovation or redevelopment opportunity in one of Austin’s most desirable locations. Foundation work is needed, and the home will likely require cash or private financing, but the potential is clear.

Situated just minutes from Lady Bird Lake, Zilker Park, the Capitol, and Austin’s top dining and entertainment, this property offers a location that is hard to duplicate. Whether the vision is a rental hold, modern renovation, or future redevelopment, the lot and central Austin positioning create multiple paths for value.

Comparable updated homes in the area are trading at significantly higher values, creating an opportunity to build equity through improvements. Transparent reports and repair bids are available upon request. Bring your vision, your contractor, and your cash offer. This is a rare chance to secure one of the more affordable opportunities near downtown Austin.