EXCEPTIONAL INVESTMENT OPPORTUNITY in coveted University Hills under $400K! This mid-century ranch sits on a quiet, lush lot and offers tremendous value-add potential with solid bones and prime Austin location advantages. The 4BR/2BA home features a flexible mother-in-law floor plan with separate living area access, functional open kitchen with granite counters, abundance of cabinetry, and gas appliances. The spacious screened patio opens to a lush, private backyard with a pear tree. Unbeatable location just 7 minutes walking distance to HEB and Winn Montessori Elementary, 10-minute walk to Dottie Jordan Park with pool and recreation amenities, and minutes to Mueller and downtown Austin, with quick access to 183 and 290, the tech corridor and the airport. This established neighborhood showcases mature trees and authentic mid-century architecture with exceptional ROI potential in this hot Austin neighborhood. Pre-inspected property requiring complete remodel including foundation work – perfect for experienced investors seeking below-market entry in University Hills where updated comparable properties sell for $600K+. Bring your renovation expertise to unlock maximum profit potential in this prime Austin micro-market with proven buyer demand and location premiums.