Experience a rare urban retreat offering "country living" in the heart of the 78723 corridor. This expansive 1.97-acre estate features a 2,200+ sq. ft. residence with 3 bedrooms, 3 baths, plus an office, highlighted by hardwood floors and abundant natural light. Zoned SF-3, the property topography is level with low tree density. Located minutes from Downtown Austin, UT, the Mueller Development, and ABIA it is perfect for homeowners, investors, or developers seeking a unique blend of tranquility and connectivity. The site is uniquely positioned to benefit from the City of Austin’s HOME Initiative, providing significant density advantages, or a potential zoning change (e.g., SF-6) to offer developers further flexibility. The property is ideal for a premier private estate, an urban farm, or a high-yield infill development in one of Austin's fastest-growing neighborhoods. For those seeking maximum scale, 4902 Pecan Springs Rd can be purchased alongside the adjacent 4806 Pecan Springs Rd. Combined, these properties create a premier 3.71-acre tract. Package pricing is available for this rare multi-acre assemblage, offering unparalleled connectivity and development upside. Preliminary Site Assessment (PSA) available upon request. Note: Property is tenant-occupied; do not disturb occupants. Photos reflect various stages of vacancy; updates may have occurred.