$2,500,000

Estimated payment $15,650/month

Total Views 926
7 Beds
5.5 Baths
4,589 Sq Ft
$545 Price per Sq Ft

Highlights

  • Very Popular Property
  • City View
  • Mature Trees
  • Zilker Elementary School Rated A-
  • 0.39 Acre Lot
  • Deck

About This Home

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

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.39 Acre Lot
  • Northwest Facing Home
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type
  • Stone Veneer

Interior Spaces

  • 4,589 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Multiple Living Areas
  • Dining Area
  • Storage
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Parking

  • 6 Parking Spaces
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Avon Heights Sec 05 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0000RabbRd

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1963
  • Direction Faces: Northwest
  • Directions: Mopac, exit Barton Springs head east; Right on Azie Morton, Right on Rabb Road.
  • Disclosures: Owner/Agent
  • Fencing: Chain Link, Fenced, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 4589
  • Other Structures: 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 Living Ar: 544.78
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 146.04
  • List Price By Living Area: 544.78
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: See Remarks, Ceiling Fan(s), Entrance Foyer, Multiple Dining Areas, Multiple Living Areas, Storage, Walk-In Closet(s)
  • View: City
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Electric Cooktop, Dishwasher, Disposal, Microwave, Double Oven
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds
  • Laundry Location: Inside,Laundry Room,Multiple Locations,Upper Level

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Balcony, See Remarks
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: See Remarks, Deck, Front Porch, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Open
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air

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: 0000RabbRd
  • Lot Size Acres: 0.393
  • Lot Size Sq Ft: 17119.08
  • Subdivision Name: Avon Heights Sec 05

Building Info

  • Construction Materials: HardiPlank Type, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Filled Sqft Total: 3621
  • Tax Rate: 1.98181400000000

Map

Range of Values:

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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 -- $545 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6754778

Unlock MLS (Austin Board of REALTORS®)