4416 Hank Ave Location AND Affordability in the Heart of South Austin! Rare opportunity to own a 4, 800 SF parcel (percentage of a condominium regime) in the highly desirable Southwood neighborhood. Tucked quietly at the rear of the property, this urban homesite offers a private, garden-like setting. With no HOA requirements, owners enjoy exceptional flexibility to bring their vision to life at their own pace. Explore today's innovative manufactured and modular home options, or design and build a custom residence tailored to your lifestyle. Collaborate with friends and family to take advantage of the City of Austin's HOME initiative allowing smaller home lot sizes to create multiple residences in the space. Great accessibility to major corridors, and terrific neighborhood spots (Radio Coffee, Central Market South, Quack's and El Chilito). For buyers seeking more space, the seller would also consider selling the front portion of the property, potentially increasing the total lot space to 6, 550 SF at the street. Bring your creativity and capitalize on this versatile South Austin opportunity just 4 miles from Downtown Austin, 3 miles from SoCo, 7 miles from Austin-Bergstrom International Airport, and a half mile from the St. David's South Austin Medical Center. Listing photos show approximate boundary lines. Do not disturb tenants. Buyers to do their due diligence. Contact the listing agent to walk the property for a closer look.