Rabb, Austin, Texas

$2,500,000
Active
Rabb, Austin, Texas
Rabb, Austin, Texas
Rabb, Austin, Texas
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Property Details

MLS ID: 6754778
Status: Active
Price: $2,500,000
Acres: 0.39±
Type: Single Family, Residential
Address: Rabb
City, State: Austin, TX
County: Travis County
ZIP Code: 78704
Parcel Number: 0000 Rabb Rd
Bedrooms: 7
Bathrooms: 6
SqFt: 4,589
Year Built: 1963

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.

Directions: Mopac, exit Barton Springs head east; Right on Azie Morton, Right on Rabb Road.

Justin Witt

Justin Witt

Capitol Ranch Real Estate, LLC

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Justin Witt
Capitol Ranch Real Estate, LLC
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© 2025 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of December 16, 2025 at 12:00:00 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Dave Murray of Keller Williams Realty - (512) 695-2176