Exceptional development opportunity featuring two contiguous lots (Lots 3 and 4) in Peden Square. Utilities are available, and existing plans for two residential units can be conveyed with the sale. The property is situated in a never-flooded location, is surrounded by an expanding selection of nearby restaurants and upscale amenities, with quick access to downtown, the Texas Medical Center, and River Oaks Shopping Center. Ideal for a builder, investor, or owner seeking a prime in-town neighborhood development site.