**Buyer should consult with the city on tear-down and development permitting options & requirements. Ask agent for Keepers Land Consult Report.** Amazing development opportunity to secure a large .671-acre corner lot in a PRIME South Austin location. Nestled in between S 1st St & Menchaca Rd just south of William Cannon just 6 miles to the heart of Downtown Austin. This captivating property currently offers a 3BD/1BA/1,284 sq ft home. Built in 1956, the home offers charming vintage features including the original hardwood floors. This property also features three outbuildings, one of which is wired for electricity & plumbed for water. This would be an ideal opportunity to rehab/redevelop the original home or fully redevelop the property and build your dream home or multiple units for investment. This hot South Austin location offers great proximity to the burgeoning South Menchaca entertainment district and is just minutes to all the popular eateries, boutique shops, and entertainment spots along SoCo and S 1st St. Just minutes from all your shopping needs at both Southpark Meadows and along Brodie Ln. Easy access to I-35 and just 11 miles to the airport. Don’t let this hot South Austin development opportunity pass you by.