$500,000

4617 Richmond Ave, Austin, TX 78745

3 beds |
1 bath |
952 sqft

Single-Family Home
Built in 1964
9,862sqft lot
1 car garage
$525/sqft
Listed 23 hours ago

Property Description

Investor/Developer Opportunity in 78745 – Prime South Austin Location! Unlock the potential of this nearly QUARTER ACRE lot nestled in the highly desirable Greenwood Forest neighborhood off South Menchaca. Located on a quiet, tree-lined street surrounded by mature oaks and established homes, this property offers the rare combination of privacy and proximity to everything Austin has to offer. The existing 1960s single-story home features 3 bedrooms, 1 bath, and a one-car garage, with a striking stone facade. The home itself is either a tear down or would require an extensive remodel. Whether you're looking to tear down or a full remodel/redevelopment, the flat, spacious lot offers multiple possibilities for value-add or new construction. Zoned SF-3 and located in a highly desirable central South Austin location seeing strong growth and redevelopment, this is an ideal canvas for investors or builders looking to capitalize on consistent demand in Austin’s popular 78745. Ample lot depth and a wide footprint provide flexibility for larger modern builds, duplexes, or high-end remodels (buyer to verify zoning/development potential). Enjoy quick access to S. Menchaca, Ben White/290, and all the best of South Austin – just minutes from Radio Coffee, Central Market, Wheatsville, S. Lamar, and Downtown. This is your chance to invest in this coveted pocket of Austin. Don’t miss this prime opportunity – take a tour today!

Listing Status:: Active
Listing Office:: Compass RE Texas, LLC : (512) 575-3644
Listing Agent:: Gayla Goertz : (512) 892-1600
MLS ID:: 9828994

General: Ceiling Fan(s)No Interior StepsPrimary Bedroom on MainStorage
Appliances: Water Heater
Laundry: In GarageLaundry Room
Flooring: See Remarks
A/C: Wall/Window Unit(s)
Heating: None
Fireplace: Fireplaces: 0
Eco/Green Feature: NoneNone

General: Private Yard
Other Structures: Shed(s)Patio
Pool: None
Parking: Door-SingleDrivewayGarageGarage Faces FrontParking spaces: 2

Roofing: CompositionShingle
Windows: Screens
General: OneSlab

HOA Amenities: CurbsGoogle Fiber
Originating MLS: actris
School District: Austin ISD
County: Travis

Zoning: LOT 2 BLK E GREENWOOD FOREST SEC 204121006060000
View: Neighborhood
Fencing: Back YardFenced

Utilities: Cable AvailableElectricity AvailableHigh Speed InternetNatural Gas AvailableSewer AvailableWater Available
Water: Public
Sewer: Public Sewer

Source: actris

This listing courtesy of Gayla Goertz, Compass RE Texas, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Joslin Elementary School

4500 Menchaca Rd, Austin, TX, 78745

Grades PK-5

0.65 miles away

Richards School for Young Women Leaders

2206 Prather Ln, Austin, TX, 78704

Grades 6-12

1.08 miles away

Crockett High School

5601 Menchaca Rd, Austin, TX, 78745

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.