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5008 Richmond Avenue

Austin, TX 78745
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Acres0.20

Acre(Lot)

Offered for sale is a .2-acre buildable lot buildable lot with no tree issues, in a neighborhood surrounded by new construction and bustling revitalization. This lot offers a unique opportunity in Austin to build 1-3 units per the new city of Austin's new "Home Phase One Amendments". Situated on Richmond Ave, this property sits on a lot size of approx. 8,712 square feet. This location offers a versatile option for those looking to invest or build in the area. The seller has three contiguous lots for sale as three separate listings, providing expanded possibilities for development. The interior of the existing building is currently tenant occupied. Buyers have the flexibility to have the seller give a 30-day notice to the tenants, or choose to close with the tenants in place to collect r ent while plans and permits are approved with the city. The existing structure is a duplex featuring two units with two bedrooms and one bath and 720 square feet of living area per unit. Prospective buyers can coordinate with the listing agent regarding tenant notification requirements and explore the options available for this multi-lot offering. Buyer to verify all permitting and zoning requirements/restrictions independently and shall not rely on seller for guidance!

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Detail Ic Property Details

Property Type : Land

Price : $419,500

AD Id : 91568237

MLS Id : 2151233

Lot Size : 0.20 Acre(Lot)

Tax Amount : $11,270.63

County : Travis

Subdivision: Glenwood Square

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Feature Features

  • Lot Information

    Main Square Feet: 0.1959 Lot Size Acres: 0.1959 Lot Description: CityLot

    Property Information

    Subdivision: Glenwood Square Source Property Type: Land Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $419500
    Cash, Conventional

  • Tax Information

    Parcel Number: 04121204230000 Tax Lot: 40 Tax Year: 2026 Annual Tax: $11270.63 Tax Legal Desc: LOT 40 GLENWOOD SQUARE

  • School Information

    Elementary School: Joslin Junior High School: Covington Senior High School: Crockett
  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: From US71/Ben White exit onto banister rd heading south. Banister road turns into richmond ave. Units are at the end of richmond on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8435 Corral Lane, Austin, TX, 78745 $29,000 -- -- -- 0.22 Acre(Lot)
904 Battle Bend Boulevard, Austin, TX, 78745 $575,000 -- -- -- 0.96 Acre(Lot)
4417 Garnett Street, Austin, TX, 78745 $275,000 -- -- -- 0.19 Acre(Lot)
4419 Garnett Street, Austin, TX, 78745 $275,000 -- -- -- 0.19 Acre(Lot)
4502 S 1st Street, Austin, TX, 78745 $619,000 -- -- -- 0.30 Acre(Lot)
506 Clover Court, Austin, TX, 78745 $395,000 -- -- -- 0.26 Acre(Lot)
4519 S 3rd Street, Austin, TX, 78745 $425,000 -- -- -- 0.13 Acre(Lot)
700 & 604 Corral Lane, Austin, TX, 78745 $1,500,000 -- -- -- 2.01 Acres(Lot)
5502 Humming Bird Lane, Austin, TX, 78745 $260,000 -- -- -- 0.21 Acre(Lot)
4411 Banister Lane, Austin, TX, 78745 $999,999 -- -- -- 0.51 Acre(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/30/2026 @ 02:12

MLS: 2151233 LISTED BY: Ryan Saunders, Texstar Austin Realty 512-474-7474 SOURCE: ACTRIS

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