Exceptional development opportunity in the heart of South Austin! Situated on an expansive, level lot of approximately one-quarter acre, this coveted property is surrounded by mature trees, historic charm, and new development. With desirable SF-3 zoning, there are numerous possibilities; whether you are looking to build a custom home, pursue a lucrative redevelopment project, or invest in one of Austin's most sought-after neighborhoods. The existing home needs repair and is being sold As-Is. The main value resides in the lot and location. This prime setting offers convenient access to Downtown Austin, South Congress, South Lamar, Lady Bird Lake, Zilker Park, and an array of restaurants, shopping, and entertainment options. This property offers opportunity for the discerning builder or investor. Rarely does a property combining this size, flexible zoning, and premium central placement come available on the market. All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer is advised to verify all measurements, schools, taxes, development requirements, etc.
Active under contract
$480,000
4602 Richmond Ave, Austin, TX 78745
3beds
986sqft
Single Family Residence
Built in 1953
10,550 Square Feet Lot
$-- Zestimate®
$487/sqft
$-- HOA
What's special
Historic charmSurrounded by mature trees
- 31 days
- 296
- 28
Zillow last checked:
Listing updated:
Listed by:
Katy Hall (512) 422-7237,
Compass RE Texas, LLC (512) 575-3644
Source: Unlock MLS,MLS#: 3141157
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: See Remarks
Features
- Ceiling Fan(s), Tile Counters, Electric Dryer Hookup, Eat-in Kitchen, French Doors, Pantry, Primary Bedroom on Main, Washer Hookup
- Flooring: Wood
- Windows: Window Treatments
Interior area
- Total interior livable area: 986 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Door-Single, Driveway, Garage, Garage Faces Front
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Private Yard
- Has private pool: Yes
- Pool features: Above Ground
- Fencing: Back Yard, Fenced
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 10,550 Square Feet
- Features: Back Yard, Front Yard, Interior Lot, Landscaped, Level, Private
Details
- Additional structures: None
- Parcel number: 04101209020000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Forest Oaks
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $487/sqft
- Tax assessed value: $422,966
- Annual tax amount: $9,289
- Date on market: 7/31/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Contingent | $480,000$487/sqft |
Source: | ||
| 7/31/2026 | Listed for sale | $480,000$487/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,494 -9.7% | $422,966 -6.8% |
| 2024 | $7,195 +22% | $453,860 +10% |
| 2023 | $5,898 -7% | $412,600 +10% |
| 2022 | $6,344 | $375,091 +10% |
| 2021 | -- | $340,992 +10% |
| 2020 | $6,156 +14.7% | $309,993 -12.3% |
| 2019 | $5,366 +18% | $353,377 +37.9% |
| 2018 | $4,549 | $256,193 +10% |
| 2017 | $4,549 +20.6% | $232,903 +10% |
| 2016 | $3,772 | $211,730 +10% |
| 2015 | $3,772 | $192,482 +10% |
| 2014 | $3,772 | $174,984 +5% |
| 2013 | -- | $166,603 +6.7% |
| 2012 | -- | $156,087 -5.6% |
| 2011 | -- | $165,289 +7% |
| 2010 | -- | $154,503 +10% |
| 2009 | -- | $140,457 +10% |
| 2008 | -- | $127,688 +10% |
| 2007 | -- | $116,080 +10% |
| 2006 | -- | $105,527 +10% |
| 2005 | -- | $95,934 +4.7% |
| 2002 | $2,296 | $91,665 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Manchaca
Nearby schools
Schools provided by the listing agent
- Elementary: Joslin
- Middle: Covington
- High: Crockett
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




