Outstanding development potential awaits in the heart of Austin, beckoning forward-thinking investors and developers alike. Just steps away from the iconic Rainey Street District, Lady Bird Lake, and vital infrastructure, this site is poised to emerge as Austin's next groundbreaking development endeavor within the Downtown landscape as adjacent lots become available. Boasting a prime position along Holly Street with convenient rear alley access, this multifaceted site holds immense promise for both residential and commercial ventures. Its strategic location ensures substantial appeal to prospective residents and commercial occupants alike, presenting an unparalleled opportunity to shape the future of Austin's dynamic urban fabric. Buyers are advised to verify zoning and building regulations prior to acquisition.