Seize a rare opportunity to own a multifamily property in the highly desirable Deep Eddy neighborhood of Inner-West Austin. 1300 & 1302 Norwalk Lane, Austin, Texas 78703, is a 0.6-acre site comprising two older-vintage buildings offering a balanced mix of 12 income-producing apartments. This property provides both immediate investment returns and significant future development potential in one of Austin’s most sought-after residential neighborhoods. EXCEPTIONAL LOCATION - Positioned just west of downtown Austin, off Exposition Boulevard, between Lake Austin Boulevard and Enfield Road - Part of the well-established Tarrytown, Deep Eddy, and Old West Austin neighborhoods, celebrated for their blend of historic charm and convenient, modern living - Easy access to downtown via Lake Austin Blvd, and MoPac Expressway (Loop 1) ensures convenient commutes to North and South Austin, the Domain, the airport and other major roadways The current improvements provide holding income and / or the opportunity to remodel to increase rents. The large, rectangular, gently sloping site with dual street frontage provides attractive immediate or long-term redevelopment options.