$2,500,000

Estimated payment $15,650/month

Total Views 480
0.39 Acre
$6,361,323 Price per Acre
17,119 Sq Ft Lot

Highlights

  • City View
  • 0.39 Acre Lot
  • No HOA
  • Barton Hills Elementary School Rated A
  • Mature Trees
  • Balcony

About This Lot

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 Agent

Dave Murray

Keller Williams Realty Brokerage Phone: (512) 751-6060 License #0340639 Listed on: 12/09/2025

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot
  • Mature Trees

Schools

  • Zilker Elementary School
  • O Henry Middle School
  • Austin High School

Additional Features

  • City Views
  • Residence on Property

Listing and Financial Details

  • Assessor Parcel Number 000RabbRd

Community Details

Overview

  • No Home Owners Association
  • Avon Heights Sec 05 Subdivision

Recreation

  • Balcony
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Mopac, exit Barton Springs head east; Right on Azie Morton, Right on Rabb Road.
  • Disclosures: Owner/Agent
  • Fencing: Chain Link, Fenced, Wood
  • Other Structures: Residence, Workshop
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 751-6060
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 32172.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 146.04
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 146.04
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Mineral: See Remarks
  • Special Features: VirtualTour

Interior Features

  • View: City
  • Property Condition: Resale

Exterior Features

  • Exterior Features: Balcony, See Remarks
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Zilker
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Irregular Lot, Public Maintained Road, Trees-Large (Over 40 Ft)
  • Parcel Number: 000RabbRd
  • Lot Size Acres: 0.393
  • Lot Size Sq Ft: 17119.08
  • Subdivision Name: Avon Heights Sec 05

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Rate: 1.98181400000000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $2,500,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8627445

Unlock MLS (Austin Board of REALTORS®)