This charming gem is nestled in an established Austin neighborhood near South Congress and Downtown, offering the perfect blend of vintage character and modern updates. Significant recent improvements include a recently replaced roof, upgraded electrical system, a high-efficiency HVAC replacement, and updated plumbing—ensuring both comfort and peace of mind. Step inside to an inviting open floor plan that maximizes space, making the home feel larger than its footprint. With two bedrooms and two full bathrooms, convenience is a given. However, the true value of this property lies in its prime 0.2262-acre corner lot near the heart of the city, surrounded by top-tier dining, entertainment, and amenities. The property is also zoned SF-3-NP. Important Disclosure: This property falls under a condominium regime consisting of two designated parcels—4612 Jinx Avenue and 4616 Hank Avenue—collectively known as 4616 Hank Condominiums. The Travis County Appraisal District lists 4612 Jinx Avenue as representing the entire lot, which is why it is recorded that way. However, the home itself is located on 4616 Hank Avenue, while the detached garage sits on 4612 Jinx Avenue. Though there is a condominium association there are no monthly fees. To clarify: this listing is for the entire lot. Supporting documentation is available in Transaction Desk for verification or contact me. This unique setup presents an incredible investment opportunity. The condominium regime was established to maximize the property’s development potential—offering the ability to build an additional unit on 4612 Jinx Avenue while further enhancing the existing home on 4616 Hank Avenue. Whether you choose to create your own vision or utilize the seller’s approved site plans, the possibilities are endless. Don't miss this rare opportunity to own a versatile, development-friendly property in one of Austin’s most desirable areas!