1200 Walnut Ave Step into this beautifully updated 4-bedroom, 3-bathroom home that blends contemporary style with timeless charm. The expansive living room flows effortlessly into a versatile dining space, creating an ideal environment for both everyday living and entertaining. Adjacent to the dining area is a thoughtfully renovated kitchen, designed for both functionality and comfort. The home offers a well-planned layout, with two bedrooms sharing a stylish bathroom, while the other two boast private ensuite baths for maximum comfort and flexibility. The back bedroom, featuring its own ensuite bath and a separate entrance, offers fantastic potential for guests, in-laws, or even as a private office—perfect for maximizing rental income or short-term rental (STR) opportunities. Sitting on a .139-acre corner lot with alley access, the property also includes a storage shed and offers convenient parking options. Zoned SF3, this lot is brimming with development potential, allowing for up to three dwellings, making it an exceptional opportunity for investors, builders, or those looking to generate rental income. Nestled in the heart of East Austin, this property is a fantastic find for those seeking a flexible living space, an investment opportunity, or a prime spot for short-term rentals. Seize this chance to own a dynamic property in one of Austin's most sought-after neighborhoods!