00000 Rabb RD, Austin, TX 78704

• 4,589 sqft

Property Description

Income-Producing Compound Near Zilker Park Incredible opportunity in one of Austin’s most desirable neighborhoods! This income-producing property generates up to $9,000 per month and is perfectly positioned on a huge lot just blocks from Zilker Park, Barton Springs, and the Barton Creek Greenbelt. Zoned SF-3 and falling under the new City of Austin HOME Phase 2 zoning regulations for 1,800 sqft lots with the potential of 9 lots (Buyer to verify), this versatile property offers both strong current income and exciting future potential. The property includes an updated two-story main home with 4 bedrooms, 2.5 baths, and a private fenced backyard and patio. Behind the main home is a three-unit apartment building featuring a downstairs studio, downstairs 1-bedroom, and upstairs 1-bedroom apartment. Enjoy great outdoor living, a highly walkable A+ location, and a friendly neighborhood vibe just steps from the best dining, shopping, and entertainment on Barton Springs Road and South Lamar. Whether you’re seeking a high-performing rental compound, multi-generational living, or a rare redevelopment opportunity, this property delivers it all in the heart of Austin’s most iconic district.

Listing Status:

Active

Listing Office:

Keller Williams Realty : (512) 448-4111

Listing Agent:

Dave Murray : (512) 751-6060

MLS ID:

8329541

Interior

• Flooring: CarpetLaminateTile
• A/C: Central Air
• Heating: CentralElectric
• Eco/Green Feature: NoneNone

Exterior

• Other Structures: Workshop
• Parking: Off StreetOpenParking spaces: 6

Construction

• General: Slab

Location

• Originating MLS: actris
• County: Travis

Lot

• Zoning: LOT 9 AVON HEIGHTS SEC 500000RabbRd
• View: City
• Current Use: ResidentialSee Remarks

Utilities

• Utilities: Electricity AvailableNatural Gas AvailablePhone Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris

This listing courtesy of Dave Murray, Keller Williams Realty