Rare opportunity in North University Hills neighborhood! This 1937 house is ready for a 2026 renovation. Prior renovation was in 2003. Property is leased through May 31, 2026. Rental income while one is developing the renovation plans. Fantastic neighborhood! Lee Elementary is close by without traversing major roads. Hancock Plaza, Hancock Golf Course and Recreation Center, UT, St.David's Hospital, and many restaurant and entertainment venues nearby. And just blocks to one of Austin's "Hidden Gems" - Eastwoods Park (https://austinparks.org/park/eastwoods-park/)! The original home of Eeyeore's Birthday Party (https://eeyores.org/).