$2,200,000
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00000 Rabb RD, Austin, TX 78704

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- Beds
0 Baths
4,589 Sq Ft

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.

Listing By: Dave Murray - Keller Williams Realty (512) 751-6060txaustin Realty.com
  • 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

Schools near 78704

Explore the local neighborhood highlights and top-rated schools near 78704 in Austin, TX.

Nearby Schools

Source: School Digger

Zilker Elementary School

Public • PK - 5 • Serves this home

0.77 mi

Distance

Mainspring Schools

Public • PK - PK

1.61 mi

Distance

Becker Elementary School

Public • PK - 5

1.61 mi

Distance

Dawson Elementary School

Public • PK - 5

2.02 mi

Distance

Galindo Elementary School

Public • PK - 5

2.36 mi

Distance

Joslin Elementary School

Public • PK - 5

2.46 mi

Distance

Texas School For The Deaf

Public • PK - 12

2.47 mi

Distance

Travis Hts Elementary School

Public • PK - 5

2.76 mi

Distance

Mathews Elementary School

Public • PK - 6

3.19 mi

Distance

St Elmo El

Public • PK - 5

3.33 mi

Distance

Richards School For Young Women Leade

Public • 6 - 12 • Serves this home

1.6 mi

Distance

Hill Country Middle School

Public • 6 - 8

2.56 mi

Distance

Lively Middle School

Public • 6 - 8

2.76 mi

Distance

O Henry Middle School

Public • 6 - 8

3.83 mi

Distance

Martin Middle School

Public • 7 - 8

4.2 mi

Distance

Harmony School Of Excellence - Austin

Public • 6 - 12

4.91 mi

Distance

The Refuge

Public • 6 - 12

5.11 mi

Distance

Kealing Middle School

Public • 6 - 8

5.35 mi

Distance

Kipp Austin Beacon Preparatory

Public • 5 - 8

5.49 mi

Distance

Small Middle School

Public • 6 - 8

5.78 mi

Distance

Austin High School

Public • 9 - 12 • Serves this home

1.9 mi

Distance

Austin Academy

Public • 8 - 12

2.02 mi

Distance

Premier High School Of Austin

Public • 9 - 12

2.46 mi

Distance

Leadership Academy

Public • 9 - 12

2.76 mi

Distance

Crockett High School

Public • 9 - 12

3.75 mi

Distance

Westlake High School

Public • 9 - 12

3.88 mi

Distance

Travis High School

Public • 9 - 12

4.01 mi

Distance

Graduation Preparatory Academy

Public • 9 - 12

4.01 mi

Distance

Excel Center - Ayw

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

Alpha Lzr

Private • 07 - 12

3.02 mi

Distance

The Khabele School

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

Kirby Hall School

Private • PK - 12

5.02 mi

Distance

Fusion Academy - Austin

Private • 06 - 12

5.21 mi

Distance

St Andrew's Episcopal School - Austin

Private • KG - 12

5.36 mi

Distance

Proximity Learning

Private • KG - 12

5.84 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 78704

Discover key demographics, population statistics, and environmental insights for the Austin, TX area.

Population & Environment

Source: Sperling's Best Places

Walkability in TX / 78704

Source: Walk Score

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: 49/100, Transit Score: 36/100, Bike Score: 54/100.

Property Change History

List Price decreased from $2,500,000 to $2,200,000
Price Per Square Foot decreased from $544.78 to $479.41

Points of Interest near 00000 Rabb RD, Austin, TX 78704

Frequently Asked Questions for 00000 Rabb RD

Source: Realty.com

00000 Rabb RD, Austin, TX 78704 in Avon Heights Sec 05, Austin, TX 78704 is a commercial sale listed at $2,200,000. Highlights include 4,589 sq. ft., built in 1963, 0.39 acre lot, $479 per sq. ft.. Realty.com has 40 photos, sales history, school insights, and mortgage tools for this listing.

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: 49/100, 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 2026-07-08 08:55:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.