Rare East Side development opportunity in one of the most walkable and in-demand pockets of East Central Austin. This corner lot offers alley access, skyline view potential, and a fully baked vision for a luxury primary residence with serious income upside with the ability to build 3 total structure. The existing structure is a teardown. Architectural plans for three homes are already completed, including a standout main residence with a pool and two additional units designed to generate long-term rental income or flexible multigenerational living. The site’s elevation and corner positioning unlock exceptional view corridors and natural light, while the alley access creates clean separation between the primary home and secondary units. The plans cater to today’s East Austin buyer: high design, privacy, and income potential all on one property. Located in a prime East Side pocket surrounded by restaurants, coffee shops, parks, and downtown access, this is a rare chance to build a luxury compound that actually pays for itself. Ideal for developers, investors, or owner-occupants looking to create a flagship East Austin property with built-in revenue. Opportunities like this in this location are getting harder to find and more expensive to replicate. Buyer to verify.