1303 Walnut Ave, Austin TX 78702

Charming 1950s Bungalow with Endless Potential – Prime Austin Location! Discover this delightful home nestled on a spacious 6,000 sq ft lot (not shared) in the heart of vibrant East Austin. Surrounded by three brand-new modern homes, this property is a rare gem with incredible investment potential. **Key Features: Original Hardwood Floors, Baseboards and Interior Doors, Penny Kitchen Floor, Timeless character throughout. **Recent Updates: New roof, gas stove, and fresh paint. **Prime Lot: Large, private 6,000 sq ft lot offers room to expand or build. **Development Potential: Live in the existing home and construct an additional dwelling unit (ADU) in the back. A multi-story rebuild/addition on street side could unlock stunning downtown views! (buyer to verify). **Unbeatable Location: Near restaurants, bars, MLK Train Station, UT Austin, Boggy Creek, and scenic trails. Whether you’re an investor, developer, or future homeowner looking for a cozy residence with room to grow, this property offers endless possibilities. Don’t miss this chance to own a piece of Austin’s real estate market! **Schedule a Showing Today!**