Introducing an exceptional real estate development opportunity in the heart of South Austin. This sprawling property, boasting a total of 0.6 acres, has been thoughtfully subdivided into four legal lots with permitted building plans to build two units on each lot, offering versatility and potential for various development projects. Each of these individual lots is also available for sale separately for $375,000, providing a unique chance to tailor your investment to specific preferences. Situated in a prime location, residents will enjoy easy access to the vibrant South Congress and South Lamar districts, renowned for their eclectic mix of restaurants, boutiques, and entertainment options. Whether you're looking to create your dream home or embark on a strategic real estate venture, 4517 S 3rd Street offers the perfect canvas in South Austin. Don't miss out on this rare opportunity to secure your piece of Austin's dynamic real estate landscape. Co-listed by Alaina Martin and Ben Barnes. Development specifics should be independently verified. Existing permits do not guarantee any specific type of development approval and all is subject to final City of Austin approval.