**Shovel ready - building permit is in hand to to build 2-unit townhomes totaling ~ 6,000 sf (3ksf/unit) w/ plans by Forsite Architects to convey. Plans can be modified to be a single family estate.** This is an incredibly rare opportunity to own more than a quarter acre of Bouldin Creek in the middle of 78704, literally steps from everything S 1st and South Congress have to offer. WalkScore of 92 - Livin' in a "Walker's Paradise" - walk to Austin’s best pastries, gelato, and food at Elizabeth St Cafe, Dolce Neve, and Lenoir. Or forget about eating, and just go 1 mile to running and paddleboard heaven on Lady Bird Lake, or walk over to zilker to see ACL. On your way back, take a selfie at the Greetings from Austin mural to remind yourself what an amazing city you live in then stroll the few hundred feet over to South Congress and marvel at the walkability you have. Build your personal compound, or develop it. The second level of whatever you build will have downtown views! **Seller is open to selling the lot next door, 303 Elizabeth, for an incredible opportunity to build on .55 acres **