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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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5008 Richmond Ave , Austin, TX 78745
$419,500
Est. Payment: $2,317.91/mo
0.2 Acres
Status: active | Days on site: 19
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4967 - 579336
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jeannette Spinelli, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jeannette Spinelli
Broker Associate & Founder
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House 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!
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Highlights

Listed by Ryan Saunders , (512) 431-3200 Texstar Austin Realty , (512) 474-7474. Austin MLS mls logo

Property Type

Vacant Land
Lot/Acreage
0.2

County

Travis

Area

10N

 Neighborhood

Glenwood Square

 School District

Austin ISD

Listing ID

2151233

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:City Lot
Others:
  • ▪ Additional:Tear Down / Value in Land
Sewer:Public Sewer
Principal Interest
$2,318
Taxes
$939

Home Price

$419,500

Loan Details

30 yrs
7.375%

Down Payment

20%
$83,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,317.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,317.91 $939.22 $0.00 $3,257.12
Yearly $27,814.87 $11,270.63 $0.00 $39,085.50
Total $834,446.09 $338,118.90 $0.00 $1,172,564.99

Today's Rates

30 Year

7.38%

20 Year

7.18%

15 Year

6.77%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

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Data last updated: 2026-10-18T13:15:42.000Z

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