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Amazing development opportunity in Central Austin's sought-after Shoalmont neighborhood! Set on a generous .479-acre, tree-shaded lot, this charming 3-bedroom, 3-bath home offers endless design possibilities--whether you move in, renovate, or build your dream home. Significant 2017 updates include two new bathrooms, electrical, plumbing, and HVAC, while additional features such as an updated kitchen with stainless appliances, hardwood floors, recessed lighting, ceiling fans, a flexible layout ideal for a home office, a spacious covered back porch, and a detached two-car garage add comfort and convenience. The unbeatable location allows you to walk to neighborhood favorites like Fonda San Miguel, Epicerie, La Mancha, and Pinthouse Pizza, with Ramsey Park and Pool, Central Market, and Burnet Road shops just minutes away. Zoned to award-winning schools--Highland Park Elementary, Lamar Middle, and McCallum High--this property is a rare chance to own a spacious retreat with privacy, convenience, and limitless potential in the heart of Austin.