000 Rabb Rd, Austin, TX 78704
Local realty services provided by:CENTURY 21 North East
Listed by: dave murray
Office: keller williams realty
MLS#:8627445
Source:ACTRIS
Price summary
- Price:$2,500,000
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.
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Home facts
- Listing ID #:8627445
- Updated:January 24, 2026 at 04:19 PM
Schools
- High school:Austin
- Elementary school:Zilker
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,500,000
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