Attention New Home Developers and Re-Developers! Back on the market and reduced by $350K. This is one of kind opportunity to fully develop an almost half acre lot with minimal obstructions & on a relatively flat lot. The Montopolis Area is quickly developing because of the proximity to the downtown area as well as the airport. Austin Community College & Riverside Golf Course are just around the corner. The original home, itself was built around the mid 1940s and has had several additions throughout the years. There are two living areas in the main house and an additional living area in the attached guest quarters where you'll find a separate bedroom. In the main house there is a formal dining area plus a really cute & cozy breakfast booth.This lot maybe a perfect candidate for a multi unit condo community. Initial call to the City indicates that there maybe an opportunity to have as many as 6 units on this lot but of course you will have to verify with the City Planning folks for your specific project.