Premium vacant 0.18 acre lot in the East Travis Heights neighborhood - a rapidly gentrifying urban area which is now a mixed-use, growth-oriented hub with a notably young, educated and increasingly professional population. 1920 Valley Hill is located on a quiet, cul-de-sac street within 2 miles of Lady Bird Lake's hike and bike trails, Oracle, Rainey Street, Downtown, South Congress, St Edwards University, parks and numerous bars and restaurants. The street is served by multiple Metro bus routes and connectivity will be further enhanced by Austin's planned Light Rail system as part of the East Riverside Corridor's Master Plan. Developers note: Under phase 1 of the new HOME initiative, this lot could accommodate 3 units with a maximum FAR of 0.65 or 4,350 sq. ft. Buyer to verify. The average single family home sale price over the last 12 months within a one-mile radius of this address is over $1M.