Income-Producing Compound Near Zilker ParkIncredible opportunity in one of Austins 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 youre seeking a high-performing rental compound, multi-generational living, or a rare redevelopment opportunity, this property delivers it all in the heart of Austins most iconic district.
- MLS# 8329541
- Date Listed12/10/2025
- Bedrooms -
- Bathrooms
- Lot Size 0.39 acres (17,119 sq. ft)
- Sewer Public Sewer
- Subdivision Avon Heights Sec 05
- Property Type
- County Travis
- Year Built 1963
- Water Public
- Square Feet 4,589 sq. ft
- Price Per Sq. Ft $479.41
Interior Features
- Flooring Carpet, Laminate, Tile
- Cooling Central Air
- Heating Central, Electric
Exterior / Lot Features
- Exterior Workshop
- Roof -
- Lot Size Acres 0.39
- Lot Size SQFT 17,119.08
- Lot Features -
Directions
Mopac, exit Barton Springs head east; Right on Azie Morton, Right on Rabb Road.
Financial Considerations
- Tax Amount $32,172
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Public • PK - 5 • Serves this home
0.77 mi
Distance
Richards School For Young Women Leade
Public • 6 - 12 • Serves this home
1.6 mi
Distance
Public • 9 - 12 • Serves this home
1.9 mi
Distance
Public • PK - 5 • Serves this home
0.77 mi
Distance
Public • PK - PK
1.61 mi
Distance
Public • PK - 5
1.61 mi
Distance
Public • PK - 5
2.02 mi
Distance
Public • PK - 5
2.36 mi
Distance
Public • PK - 5
2.46 mi
Distance
Public • PK - 12
2.47 mi
Distance
Public • PK - 5
2.76 mi
Distance
Public • PK - 6
3.19 mi
Distance
Public • PK - 5
3.33 mi
Distance
Richards School For Young Women Leade
Public • 6 - 12 • Serves this home
1.6 mi
Distance
Public • 6 - 8
2.56 mi
Distance
Public • 6 - 8
2.76 mi
Distance
Public • 6 - 8
3.83 mi
Distance
Public • 7 - 8
4.2 mi
Distance
Harmony School Of Excellence - Austin
Public • 6 - 12
4.91 mi
Distance
Public • 6 - 12
5.11 mi
Distance
Public • 6 - 8
5.35 mi
Distance
Kipp Austin Beacon Preparatory
Public • 5 - 8
5.49 mi
Distance
Public • 6 - 8
5.78 mi
Distance
Public • 9 - 12 • Serves this home
1.9 mi
Distance
Public • 8 - 12
2.02 mi
Distance
Public • 9 - 12
2.46 mi
Distance
Public • 9 - 12
2.76 mi
Distance
Public • 9 - 12
3.75 mi
Distance
Public • 9 - 12
3.88 mi
Distance
Public • 9 - 12
4.01 mi
Distance
Graduation Preparatory Academy
Public • 9 - 12
4.01 mi
Distance
Public • 9 - 12
4.08 mi
Distance
University Of Texas At Austin High School
Public • 9 - 12
4.32 mi
Distance
San Juan Diego Catholic High School - Austin
Private • 09 - 12
2.02 mi
Distance
Private • 07 - 12
3.02 mi
Distance
Private • 06 - 12
3.02 mi
Distance
Wilson Hill Academy, Llc (digital Learning)
Private • 05 - 12
3.19 mi
Distance
The Austin School For The Performing And Visual Arts
Private • 06 - 12
3.76 mi
Distance
Rawson - Saunders - Austin Area School For Dyslexics
Private • 01 - 12
4.82 mi
Distance
Private • PK - 12
5.02 mi
Distance
Private • 06 - 12
5.21 mi
Distance
St Andrew's Episcopal School - Austin
Private • KG - 12
5.36 mi
Distance
Private • KG - 12
5.84 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 2800 Waymaker Way 40 | Listing | 4 | 4 | Feb 04, 2026 | $999,000 | Feb 15, 2023 | $728,600 |
| 1100 Clayton Lane | 2 | 2 | Feb 07, 2026 | $300,000 | Mar 25, 2026 | - |
| 5903 Overlook Drive | 3 | 2 | Feb 20, 2026 | $700,000 | Mar 25, 2026 | - |
| 4716 Caswell Avenue B | 2 | 2 | Mar 23, 2026 | $596,000 | Mar 25, 2026 | - |
| 5101 Woodmoor Drive | 3 | 2 | Feb 10, 2026 | $429,900 | Mar 25, 2026 | - |
| 3001 Norfolk Drive | 3 | 2 | Mar 22, 2026 | $649,900 | Mar 25, 2026 | - |
| 805 Kavanagh Drive | 2 | 1 | Mar 11, 2026 | $243,600 | Mar 25, 2026 | - |
| 7501 Marble Ridge Drive | 3 | 2 | Feb 17, 2026 | $380,000 | Mar 25, 2026 | - |
| 3303 Desert Willow Cove | 5 | 6 | Jan 29, 2026 | $3,090,000 | Mar 25, 2026 | - |
| 5705 Kleberg Trail | 4 | 2 | Feb 26, 2026 | $324,990 | Mar 25, 2026 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 53,226 | 986,248 | 1,342,531 | 335,858,263 |
| Population Density | 6,070 | 3,067 | 1,356 | 95 |
| People per Household | 1.9 | 2.4 | 2.5 | 2.6 |
| Median Age | 37.2 | 35.3 | 35.7 | 39.1 |
| Median Income | $87,074 | $78,934 | $83,177 | $66,222 |
| Average Income | $64,480 | $45,843 | $45,884 | $35,475 |
| Cost of Living Index | 73 | 89 | 95 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 40°F | 40°F | 40°F | 22.6°F |
| July Avg. High Temp | 95°F | 95°F | 95°F | 86.2°F |
| Annual Precipitation | 33.65" | 33.65" | 33.65" | 38" |
73/100
Very Walkable
Walk Score ®
45/100
Some Transit
Transit Score ®
79/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.
Transit Summary
5 nearby routes: 5 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 36/100, Bike Score: 54/100.
Property Change History
Points of Interest near 00000 Rabb RD, Austin, TX 78704
1003 ft
Distance
0.23 mi
Distance
0.24 mi
Distance
422 ft
Distance
422 ft
Distance
475 ft
Distance
634 ft
Distance
634 ft
Distance
634 ft
Distance
634 ft
Distance
792 ft
Distance
792 ft
Distance
845 ft
Distance
898 ft
Distance
1003 ft
Distance
1003 ft
Distance
0.22 mi
Distance
0.23 mi
Distance
0.24 mi
Distance
0.28 mi
Distance
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Frequently Asked Questions for 00000 Rabb RD
Source: Realty.com
00000 Rabb RD, Austin, TX 78704 is a , Commercial Sale property listed for $2,200,000 The property is 4589 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 40 photos of 00000 Rabb RD.
Our records indicate that 00000 Rabb RD was built in 1963.
The full address for this home is 00000 Rabb RD, Austin, TX 78704.
00000 Rabb RD has been listed on Realty.com since Wed December 10, 2025
Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 36/100, Bike Score: 54/100.
There are 3 schools assigned to this home. Check out the schools near 00000 Rabb RD. Zilker Elementary School (Grades: PK - 5), Richards School For Young Women Leade (Grades: 6 - 12), Austin High School (Grades: 9 - 12)
Listing provided courtesy of:
Keller Williams Realty
(tel: 512-448-4111)
Listing agent:
Dave Murray
(tel: 512-695-2176)
(#340639)
This content last refreshed on 2026-03-25 17:38:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 00000 Rabb RD, Austin, TX 78704 : MLS# 8329541