Fantastic development opportunity in the highly sought after Chestnut neighborhood! Structures are tear downs, value is in the land. The level lot is a spacious .179 acres with trees located mainly on the perimeter. With zoning of SF-3-NP, paved alley access, & no floodplain to worry about, the property offers a wide range of possibilities! Per Austin Water, the existing 2 inch service line at the property can support up to 4 separate residences, buyer to verify. Also, potential downtown views at 35 feet. Incredible location, so close to all the fun, entertainment, & convenience East Austin & downtown have to offer!