5803 Gloucester Ln, Austin, TX

Here’s your chance to own nearly 2 acres of prime land in the highly sought-after 78723 area! This rare find recently received SF-6 zoning, opening the door to endless possibilities—whether you’re dreaming of building condos, townhomes, or an expansive estate. Perfectly situated just 2 miles from Mueller and Dell Children’s Hospital, and a short drive to UT, Moody Center, and the airport, this property offers convenience and a vibrant urban lifestyle. The gated property is surrounded by large parcels for added privacy and boasts lush landscaping with tall trees, a charming windmill, and plenty of space to explore. It already features a cozy main house and a converted vintage travel trailer—ideal for guests or short-term rentals—but the real value lies in the land itself. Imagine creating a development with multiple units or transforming the existing tennis court into trendy pickleball courts or a unique outdoor entertainment area. With its unbeatable location and development potential, this is more than just a property—it’s an opportunity to bring your vision to life in one of Austin’s most dynamic neighborhoods! Schedule a Private Showing