1602 Elmira Rd, Austin, TX 78721

CASH OFFERS ONLY! AS IS, WHERE IS. PROPERTY IS A TEAR DOWN! "LOT VALUE ONLY- NO VALUE IN HOME" "NO BUYER ASSIGNMENT " NO HARD MONEY, PRIVATE FUNDS, LINES OF CREDIT ETC" This East Austin gem offers a prime investment opportunity. Zoned SF-3, it takes advantage of new single-family zoning laws allowing for three units per lot. Situated minutes from downtown, across from Mueller, and easily accessible via I-35 and Hwy 183/Ed Bluestein. It's just 9 miles from the Tesla Gigafactory, 7 miles from Bergstrom International Airport, and 4 miles from the University of Texas and Downtown Austin. Within walking distance to Morris Williams Golf Course and Givens Park, recreation is at your doorstep. All utilities are connected, and gas is provided by Texas Gas Service. This property offers versatility with 25-foot front and 10-foot rear setbacks, 5-foot interior side, and 15-foot street side setbacks, two driveways, 40% lot coverage, and 45% impervious coverage. Height restrictions allow structures up to 35 feet. It's not in a flood plain, ensuring development peace of mind. Unit 1 offers 4,013 sq. ft. and .092 acres, while Units 2 & 3 (Must Be Built) can provide up to 5,629 sq. ft. and .129 acres, allowing substantial expansion.