4701 Leslie Ave Charming craftsman-style home situated on a large lot in the heart of booming East Austin, offering incredible flexibility for homeowners, investors, or developers alike. Whether you choose to enjoy the existing home, renovate and expand, or redevelop the property, the possibilities are abundant. Many neighboring properties have already been transformed into multiple-unit developments and with Austin's new HOME initiative, there may be potential to build up to three units if development requirements are met. The home itself is full of character and warmth, featuring oak hardwood floors, warm natural light and recent renovations where much of the heavy lifting has been completed. The family room serves as the heart of the home, creating the perfect gathering space for family and friends. There are three bedrooms and an updated bathroom with a shower/tub combination. The recently renovated kitchen features white cabinetry, vinyl flooring and an eat-in dining area. Additional improvements include a newer roof, electrical upgrades, PVC drain lines & durable vinyl siding. Outside, the expansive backyard offers covered patio space, light tree cover for privacy, and endless room to entertain, garden, or expand. The refrigerator and two storage sheds, including a Morgan brand shed, convey. The location is truly exceptional! Walk to buzz-worthy local favorites like Palomino Coffee and the Michelin-star-rated Micklethwait Craft Meats. Enjoy nearby outdoor destinations including Springdale Neighborhood Park, Givens District Park, and the public Morris Williams Golf Course. Just minutes from Mueller, you'll have easy access to popular restaurants, entertainment, the Thinkery, nightlife and the beloved Farmer's market. With close proximity to downtown Austin and all the energy, culture, and entertainment the city has to offer, this property presents a rare opportunity to own a charming home with tremendous upside in one of Austin's most desirable and rapidly evolving areas.