Qualified Opportunity Zone | SF-3 Zoning | HOME Ordinance — 12 Units | Subdivision Near Completion *** A nearly one-acre SF-3 zoned site in the final stages of subdivision into 4 lots, each eligible for up to 3 dwelling units under the City of Austin's HOME ordinance — 12 buildable homesites total. Located in the Montopolis corridor of East Austin, inside a federally designated Qualified Opportunity Zone. **The Site** The plat is in final review with the City. Under SF-3 zoning, the plat serves as the site plan — no formal site plan application required. The land is cleared and partially developed at the end of a quiet cul-de-sac with no floodplain concerns. Upper lots offer potential downtown skyline views. Ideal for build-for-rent, for-sale townhome/cottage-court, or a hybrid strategy. **HOME Ordinance — 12 Units on One Acre** Phase 1 (Dec 2023) authorized three dwelling units per lot across all SF zoning districts. Result: 4 subdivided lots x 3 units = 12 independent dwellings by right. **Opportunity Zone Benefits** Capital gains invested through a Qualified Opportunity Fund may qualify for deferral of the original gain, a step-up in basis after 5 years, and permanent exclusion of all new appreciation if held 10+ years. OZ 2.0 legislation made the program permanent starting January 1, 2027. **Location** The Montopolis/East Riverside corridor has been transformed by Oracle's campus relocation, the 97-acre Project Catalyst mixed-use development, and a wave of multifamily construction along Riverside Drive. Minutes from downtown, ABIA, and the SH-71/I-35 interchange. Thrasher Lane retains quiet residential character despite surrounding density. **Flexible Exit** Build 12 units as a rental product for portfolio income or sell each lot/completed unit as fee-simple ownership — no condo regime required. Financeable from acquisition through construction to disposition.