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.
Basic Property Information
<strong>Dwelling Size - </strong> 4,589 ft2
From Public Records
<strong>Year Built - </strong> 1963
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Slab
<strong>Garage - </strong> 0
Off Street,Open
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.393
<strong>Waterfront Features - </strong> None
Bedrooms - 7
<strong>Main Level Bedrooms - </strong> 2
<strong>Bathrooms - </strong> 5.5
<strong>Full - </strong> 5
<strong>Half - </strong> 1
<strong>Living Rooms - </strong> 4
<strong>Dining Rooms - </strong> 1
<strong>Fireplaces - </strong> 0
None
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Zilker
<strong>Middle - </strong> O Henry
<strong>Senior High - </strong> Austin
Home Owners Association
Amenities and Features
Other Features
Balcony
Built-In Oven(s)
Ceiling Fan(s)
Dishwasher
Disposal
Double Oven
Electric Cooktop
Electrical Utility Available
Entrance Foyer
Microwave
Multiple Dining Areas
Multiple Living Areas
See Remarks
Storage
Walk-In Closet(s)
Washer Hookup
Utilities
Heating: Central,Electric Cooling: Central Air Electricity Available,Natural Gas Available,Phone Connected
<strong>Sellers Representative - </strong> Keller Williams Realty
(512) 448-4111
<strong>Other Structures - </strong> Workshop
<strong>Accessibility Features - </strong> None
<strong>Community Features - </strong> None
Walk Score
Based on information from the Austin Board of REALTORS® for the period 08/07/2026 through 08/07/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
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