4308 Red River St

Rare opportunity to own a .24 acre lot in the highly sought-after Hancock/North University area of Central Austin. Just minutes from the University of Texas, DKR Stadium, and the Moody Center, this prime location offers unbeatable access to the city’s educational, cultural, and entertainment hubs. Zoned to support up to three housing units (feasibility study attached - buyer to verify all zoning feasibility), the lot presents a compelling investment opportunity in one of Austin’s most rapidly growing and desirable neighborhoods. With demand for centrally located housing on the rise, this property offers incredible flexibility—ideal for modern rentals, short-term stays, or a long-term multi-family hold. The potential for appreciation and strong rental income makes this a smart addition to any investment portfolio. Even better, the adjacent lot is also available, offering the chance to double your development potential and further strengthen your long-term return. Opportunities like this are increasingly rare in Central Austin— Secure your spot in one of Austin’s most promising growth corridors and capitalize on the city’s booming demand for smart, well-located housing.*Buyer to verify all details. *