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$500,000
last listed4617 Richmond Ave, Austin, TX 78745
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3 bed, 1 bath, 952 sqft on 0.23 acres in Austin. Austin, TX 78745. Last listed at $500,000, sold November 21, 2025. Austin ISD.
About This Home
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!
- Property Type
- Residential
- Year Built
- 1964
- Lot Size
- 0.23 acres
- Price / Sq Ft
- $525
- Garage
- 1 spaces
Listing information last updated November 26, 2025.
Listed by Compass RE Texas, LLC
MLS# 9828994 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- No Interior Steps
- Primary Bedroom on Main
- Storage
- Water Heater
- Cooling
- Wall/Window Unit(s)
Exterior & Lot
- Private Yard
- Stone
- Back Yard
- Curbs
- Front Yard
- Interior Lot
- Public Maintained Road
- Trees-Medium (20 Ft - 40 Ft)
- Back Yard
- Fenced
- Slab
- Patio
- Roof
- Composition,Shingle
- Lot Size
- 0.23 Acres
- Door-Single
- Driveway
- Garage
- Garage Faces Front
- Garage Spaces
- 1
Financial
- Original List Price
- $500,000
- Price per Sq Ft
- $525
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Natural Gas Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4617 Richmond Ave, whoever represented it.
- SoldNovember 21, 2025Listed at: $500,000MLS 9828994
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $500,000
- Original list
- $500,000
- Price movement
- No verified reduction
- Listed / DOM
- Nov 4, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $463,559
- Assessment Year
- 2025
- Year Built
- 1964
- Parcel ID
- 000000316997
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.2% | — | $463,559 | — | — |
2024-3.2% | — | $580,724 | $412,500 | $75,779 |
2023+49.2% | — | $599,951 | $412,500 | $168,224 |
2022 | — | $402,134 | $412,500 | $187,451 |
Zoned Schools
Crockett
Covington
Joslin
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($100K)
Adjustable assumption - not a lending recommendation.
$500,000
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Keenan Market Position
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List price
$500,000
Price per sqft
$525/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$500K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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