$420,000

Discover an incredible redevelopment opportunity at 4415 Jester Drive, nestled in the vibrant Park Forest neighborhood of Austin. This prime 0.27-acre (11, 901 square feet) property features a 1, 106-square-foot single-family home, originally built in 1949, offering a perfect canvas for visionary developers and investors. Zoned SF-3, the property allows for enhanced development potential. Under the City of Austins recent HOME (Home Options for Middle-income Empowerment) Initiative, eligible lots with SF-3 zoning may now accommodate up to three residential unitsopening up new possibilities for maximizing value and use. Please be sure to verify all zoning and development regulations for your intended use. Situated in a sought-after area, the location provides easy access to downtown Austin, major highways, and public transportation. It's just a short drive to iconic destinations such as Zilker Park and Lady Bird Lake, offering endless opportunities for outdoor recreation and enjoying Austins natural beauty. Experience Austin's rich cultural scene, with an array of live music venues, art galleries, diverse dining options, and entertainment just moments away. You will appreciate the proximity to reputable educational institutions, enhancing the property's appeal.