5010 Richmond Ave, Austin, TX 78745

Property Description

Offered for sale is a .18-acre 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 7,980 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!

Listing Status:

Active

Data Last Updated:

October 13, 2026 at 12:19PM

Listing Office:

Texstar Austin Realty : (512) 474-7474

Listing Agent:

Ryan Saunders : (512) 431-3200

MLS ID:

7165379

Exterior

• Other Structures: None

Location

• HOA Amenities: None
• Originating MLS: actris
• School District: Austin ISD
• County: Travis

Lot

• Zoning: LOT 41 GLENWOOD SQUARE04121204240000
• View: None

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: actris