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$ 419,500
Est. payment /mo
New
5008 Richmond Ave Austin, TX 78745
8,533 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Glenwood Square
MLS Listing ID 2151233
Annual Tax Amount $11,270
Tax Year 2026
Lot Size 8,533 Sqft
Acres 0.1959
Property Sub-Type Unimproved Land
Source actris
Property Description
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 rent 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!
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 rent 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!
Location
State TX
County Travis
Interior
Fireplace No
Exterior
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Building
Lot Description City Lot
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Joslin
Middle Schools Covington
High Schools Crockett
School District Austin Isd
Others
Special Listing Condition Standard
Listed by Texstar Austin Realty
Nearby School & Business
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