Prime development opportunity in Austin located on Cedar Valley Cove in the 78753 zip code. This exceptional investor or builder opportunity features a large parcel just over 1 acre (Parcel ID 501744). The property is currently zoned Single-Family Residential, and under updated Austin development regulations, the parcel allows for the potential construction of up to three units. The property is ideally situated in a well-established North Austin area with convenient access to I-35, US-183, and Braker Lane, making commuting easy and efficient. Downtown Austin is approximately 15 minutes away, offering quick access to major employers, entertainment, dining, and cultural amenities. The property is located within the Austin Independent School District, serving the surrounding neighborhood. With its generous lot size, favorable zoning, and central Austin location, this parcel offers numerous possibilities for builders, developers, or long-term investors looking to capitalize on Austin's continued growth. Buyer to verify zoning, development regulations, utilities, and unit allowances. Opportunities like this-large acreage with redevelopment potential inside Austin city limits-are increasingly rare.