$799,000
●
Land -
Off Market
2206 La Casa DR
Austin, TX 78704
Studio
0 Bath
$4,360
Est. Monthly
About This Property
Contact listing agent for property access. This home is NOT vacant.
Do not disturb owner. Gorgeous lot in the highly desirable Rabb
Inwood Hills subdivision in 78704, just minutes from downtown
Austin. This is a teardown, the value is in the lot. This amazing
lot is approximately .181 acres, 7884 sqft, and is zoned SF-3. It
should be suitable for a duplex, an A/B style structure, or main
house with an ADU. Buyer to verify all city codes and deed
restrictions.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$436
HOA Dues
-
Year Built
1949
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Unlock MLS #ACT3387741)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed by Bramlett Partners | $799,000 | |
| Listed by Bramlett Partners | |||
   | |||
|
Amazing opportunity to build your dream home in the highly sought-after Rabb Inwood Hills neighborhood of South Austin! This prime lot is located just off South Lamar in a quiet community with excellent Austin ISD schools. The property is walkable to some of the best restaurants, bars, and entertainment in the city, while also being just minutes from downtown and popular hike-and-bike trails. With beautiful heritage oaks and a large, private backyard perfect for BBQs and outdoor gatherings, this teardown offers endless potential for redevelopment. Don’t miss your chance to create something special in one of Austin’s most desirable locations!
| |||
| Dec 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 1, 2024 | Listed by Bramlett Residential | $799,000 | |
| Listed by Bramlett Residential | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About South Lamar
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Listed by: Philip Myers
Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2026-05-31 06:53:49
Data Source: Unlock MLS, MLS# ACT3387741
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2026-05-31 06:53:49
Data Source: Unlock MLS, MLS# ACT3387741
Based on information from Unlock MLS (alternatively, from ACTRIS). 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. Some IDX listings have been excluded from this website.
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