Amazing opportunity in the heart of Pemberton Heights. Bring your architect & builder to explore the possibilities! Let your imagination run wild; the possibilities are endless. A large flat lot (0.24 acres per attached survey) with large oak & pecan trees can be a blank canvas... The 1935 house is very livable and currently leased month to month but of course the value is in the land and location. Preston Avenue is a tranquil, tree lined street in an elite old Austin neighborhood. It's not often an opportunity like this comes along.