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4361 S Congress Ave #104
Austin, TX
78745
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.
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.
Property Details
Price:
$2,500,000
MLS #:
6754778
Status:
Active
Beds:
7
Baths:
5.5
Address:
0000 Rabb RD
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Avon Heights Sec 05
City:
Austin
Listed Date:
Dec 10, 2025
State:
TX
Finished Sq Ft:
4,589
ZIP:
78704
Lot Size:
17,119 sqft / 0.39 acres (approx)
Year Built:
1963
Schools
School District:
Austin ISD
Elementary School:
Zilker
Middle School:
O Henry
High School:
Austin
Interior
Appliances
Built- In Oven(s), Electric Cooktop, Dishwasher, Disposal, Microwave, Double Oven
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Laminate, Tile
Heating
Central, Electric
Exterior
Community Features
None
Exterior Features
Balcony, See Remarks
Other Structures
Workshop
Parking Features
Off Street, Open
Roof
Composition
Financial
Map
Community
- Address0000 Rabb RD Austin TX
- SubdivisionAvon Heights Sec 05
- CityAustin
- CountyTravis
- Zip Code78704
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