Rabb Road, Austin, TX

$2,200,000

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0.39

Acres

About Rabb Road

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.

Features of Rabb Road

MLS® # 8329541
Price $2,200,000
Acres 0.39
Year Built 1963
Type Commercial
Sub-Type Other
Status Active

Community Information

Address Rabb Road
Area 7
Subdivision Avon Heights Sec 05
City Austin
County Travis
State TX
Zip Code 78704

Amenities

Utilities Electricity Available, Natural Gas Available, Phone Connected
Parking Open, Off Street
View City
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Laminate, Tile
Heating Central, Electric
Fireplace No

Exterior

Construction HardiPlank Type, Stone Veneer
Foundation Slab

Additional Information

Date Listed December 10th, 2025
Days on Market 289
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty
Contact Info(512) 751-6060

Listing Map

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