#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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.
Property Type
Residential
Year Built
1953
Lot Size
0.24 acres
$/Sq Ft
$487
Garage
1 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
4602 Richmond Ave is listed at $480,000 with 3 bedrooms, 1 full bathrooms, 986 square feet, 0.24-acre lot. This places it above the 78745 median of $475,000.
4602 Richmond Ave is zoned for Austin ISD with assigned schools: Joslin (elementary), Covington (middle), Crockett (high). School assignments should be verified directly with the district.
4602 Richmond Ave is a Residential built in 1953 featuring 3 bedrooms, 1 full bathrooms, 986 square feet, 0.24-acre lot.
4602 Richmond Ave is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 4602 Richmond Ave is $9,289. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 4602 Richmond Ave, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-23.7% | — | $422,966 | — | — |
2024-2.7% | — | $554,705 | $450,000 | $26,623 |
2023+33.2% | — | $570,359 | $450,000 | $104,705 |
2022 | — | $428,200 | $450,000 | $120,359 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($96K)
$480,000
Luxury property intelligence
A sourced read on Forest Oaks pricing, timing, and property scale. No automated valuation claim.
List price
$480,000
Price per sqft
$487/sqft
Vs. Forest Oaks median
Not available
Days on market
17 days
Original to current
No verified reduction
$480K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 17, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($96,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4602 Richmond Ave is around $3,265 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $480,000, 4602 Richmond Ave is in the Forest Oaks market where there are currently 198 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
4602 Richmond Ave was built in 1953 (73 years ago). Buyers should budget for potential updates to major systems.
4602 Richmond Ave includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$480,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-23.7% | — | $422,966 | — | — |
2024-2.7% | — | $554,705 | $450,000 | $26,623 |
2023+33.2% | — | $570,359 | $450,000 | $104,705 |
2022 | — | $428,200 | $450,000 | $120,359 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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