Austin, TX 78704
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.
| MLS ID | 6754778 | |
| Status | Active | |
| Days Active | 55 | |
| Est. Tax | ||
| Lot Size | 0.393 | |
| Year Built | 1963 | |
| Total Bedrooms | 7 | |
| 1st Floor Bedrooms | 2 | |
| Full Baths | 5 | |
| Half Baths | 1 | |
| Square Feet | 4589 | |
| Price Per SqFt | $479.41 | |
| Garage Spaces | 0 | |
| Fireplace(s) | 0 | |
| Fireplace Info | None | |
| Flooring | Carpet, Laminate, Tile | |
| Stories | Two | |
| Pool | No | |
| Courtesy of | Keller Williams Realty (512) 751-6060 | |
| Subdivision | Avon Heights Sec 05 | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | CompositionComposition | |
| Construction | ||
| Foundation | Slab | |
| Fencing | Chain Link, Fenced, Wood | |
| Elementary School | Zilker | |
| Elementary District | Austin ISD | |
| Middle School | O Henry | |
| Middle District | Austin ISD | |
| High School | Austin | |
| High District | Austin ISD | |
| Appliances | Built-In Oven(s), Electric Cooktop, Dishwasher, Disposal, Microwave, Double OvenBuilt-In Oven(s), Electric Cooktop, Dishwasher, Disposal, Microwave, Double Oven | |
| Heating | Central, Electric | |
| Cooling | Central Air | |
| Exterior Features | Balcony, See Remarks | |
| Lot Features | Irregular Lot, Public Maintained Road, Trees-Large (Over 40 Ft) | |
| Community Features | None | |
| Patio Features | See Remarks, Deck, Front Porch, Patio | |
| Structures | Workshop | |
| Interior Features | See Remarks, Ceiling Fan(s), Entrance Foyer, Multiple Dining Areas, Multiple Living Areas, Storage, Walk-In Closet(s), Washer Hookup | |
| Fencing Features | Chain Link, Fenced, Wood | |
| Parking Features | Off Street, Open | |
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