Unbelievably rare opportunity to own over an acre in Central Austin with views of Downtown! Build your private estate or build a multi-family community. Tucked away in the quiet pocket of Low Theodore Heights, this tree-lined area is close to everything that Central Austin has to offer with easy access to major highways! The property includes four legal lots totaling over 47,000 square feet. A feasibility study has been conducted to show what can be built on the front 3 lots (5 units). The back lot currently has two structures on it, including a one-of-a-kind ferro-concrete dome with a viewing tower for a fantastic view of Downtown Austin. Seller is willing to sell just the front 3 lots (see MLS #1849709).