Discover an incredible opportunity in the heart of South Austin! This property at 4503 S 3rd Street sits on a spacious 0.2-acre lot, offering endless potential for investors, builders, or homeowners ready to create their dream space. The existing home can be completely remodeled and customized to suit your style, or torn down to make way for new construction that takes full advantage of the desirable location and lot size. Located just minutes from downtown Austin, South Congress, and St. Elmo District, this property combines convenience with creative freedom. Enjoy easy access to local restaurants, nightlife, and shopping while tucked away on a quiet residential street. Whether you’re envisioning a modern new build or a full-scale renovation project, this is your chance to secure a piece of one of Austin’s most sought-after neighborhoods.