Situated in Austin's highly sought-after Bouldin Creek neighborhood, 906 W Elizabeth Street presents a rare opportunity to own a piece of Austin history with significant potential for the future. This beautifully maintained 1930s home offers 850 square feet, 2 bedrooms, and 1 bathroom and has been thoughtfully cared for over the years. Full of character and charm, the existing residence provides a strong foundation for a new owner looking to preserve its history or create something uniquely their own. The 5,850-square-foot lot offers access from both the front and rear of the property with a paved alley in the back, providing flexibility for future plans. Potential opportunities may include thoughtfully remodeling the existing home, adding an addition or ADU, or exploring a larger redevelopment project, subject to applicable City of Austin requirements. The combination of lot size, access, location, and existing improvements creates an exciting opportunity for an owner, investor, or builder looking to be part of one of Austin's most desirable neighborhoods. Location is truly one of the standout features. Just minutes from downtown Austin, the property is surrounded by the restaurants, coffee shops, boutiques, entertainment, parks, and outdoor destinations that have made 78704 so highly sought after. Enjoy convenient access to South Congress, South Lamar, Zilker Park, Lady Bird Lake, Barton Springs, and downtown Austin, all while being tucked into an established and vibrant residential neighborhood. Whether your vision is to restore the existing home, expand the current footprint, add additional living space, or explore a new construction opportunity, 906 W Elizabeth Street offers an exceptional combination of location, character, and potential in the heart of Austin.