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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.
| LAST UPDATED | 12/9/2025 | TRACT | Avon Heights Sec 05 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | Avon Heights Sec 05 |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Zilker |
|---|---|
| Jr. High School | O Henry |
| High School | Austin |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Double Oven, Electric Cooktop, Microwave, Oven |
| AREA | 7 |
| CONSTRUCTION | HardiPlank Type, Stone Veneer |
| EXTERIOR | Balcony |
| HEAT | Central, Electric |
| INTERIOR | Ceiling Fan(s), Entrance Foyer, See Remarks, Storage, Walk-In Closet(s) |
| LOT | 0.393 acre(s) |
| LOT DESCRIPTION | Irregular Lot |
| PARKING | Off Street, Open |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Avon Heights Sec 05 |
| TAXES | 32172 |
| UTILITIES | Electricity Available, Natural Gas Available, Phone Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Dave Murray, Keller Williams Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 12/9/25 6:54 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.