Austin, TX 78702 1117 1/4 Gunter St

Calling all builders and investors! Don't miss this exceptional opportunity in one of Austin's most rapidly appreciating neighborhoods! The Govalle area is experiencing unprecedented growth and development. This property positions you with tremendous flexibility and profit potential in one of Austin's most desirable emerging neighborhoods with fantastic proximity to Downtown, the Airport, UT, and all things East Austin! The area supports strong rental market demand and ROI. Highly walkable and bikeable neighborhood. Half a block from all the fantastic restaurants and shops at Springdale Station and Springdale General. SF3 Zoning means you can build up to 3 units on this single lot (per new HOME ordinance effective Feb 2024) Think: Duplex, Single Family Attached, Single Family Residential, Two-Family Residential, Short-term Rental, and more! Max Bldg Coverage 40%. Max Impervious 45%. Owner will convey building plans with the sale!