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Just Listed

$419,500

5008 Richmond Ave, Austin, TX 78745

Glenwood Square

Acres0.20

About This Property

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!

Property Details

Property TypeLand
MLS #2151233
Days on Market0
Lot Size0.20 acres
Listed9/29/2026
Last Updated9/29/2026

Location

County
Travis
School District
Austin ISD
MLS Area
10N

Size

Lot Description
City Lot
$/Acre
$2,141,400
View
None
Community Features
None

Location

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Listing provided by Ryan Saunders · Texstar Austin Realty · (512) 431-3200

The 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$419,500