4602 Richmond Ave, Austin TX 78745
Austin, TX 78745 · Forest Oaks
Single Family Residence for sale in Forest Oaks
Overview
Property Description
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.
Financial Info
- Price
- $480,000
- $ / Sqft
- $487
- HOA
- None
- Tax Rate
- 2.0465%
- Est. Taxes
- $9,289.43
- Tax Year
- 2026
- Exemptions
- Homestead
Legal Info
- Address
- 4602 Richmond Ave
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78745
- Subdivision
- Forest Oaks
- Legal Description
- LOT 14 BLK H FOREST OAKS
- Parcel
- 04101209020000
Interior Features
- Floor
- Wood
- Num Living
- 1
- Dining
- 1
- Kitchen
- Eat-in Kitchen, Pantry
- Appliances
- See Remarks
- Laundry
- In Garage
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Ceiling Fan(s), Tile Counters, Electric Dryer Hookup, Eat-in Kitchen, French Doors, Pantry, Primary Bedroom on Main, Washer Hookup, Smoke Detector(s), Window Treatments
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1953 / Resale
- Square Feet
- 986 / Public Records
- Garages
- 1
- Garage Desc
- Attached, Door-Single, Driveway, Garage, Garage Faces Front
- Foundation
- Pillar/Post/Pier
- Roof
- Metal
- Construction
- Wood Siding
- Acres
- 0.24
- Lot Description
- Back Yard, Front Yard, Interior Lot, Landscaped, Level, Private
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- 10N
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Heat
- Central
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Back Yard, Fenced
- Exterior Features
- Private Yard, Covered, Deck, Front Porch
- Pool On Property
- Yes
- Area Amenities
- None
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 18, 2026 | Active Under Contract | — | |
| Jul 31, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Austin ISD
- Elementary
- Joslin
- Middle
- Covington
- High
- Crockett
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$3,601 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,601
- Principal & interest
- $2,427
- Property taxes
- $774
- Homeowners insurance
- $400
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $384,000 | $4,292 | $24,834 | $379,708 | |
| 2 | $379,708 | $4,580 | $24,546 | $375,128 | |
| 3 | $375,128 | $4,886 | $24,239 | $370,242 | |
| 4 | $370,242 | $5,213 | $23,912 | $365,029 | |
| 5 | $365,029 | $5,563 | $23,563 | $359,466 | |
| 6 | $359,466 | $5,935 | $23,191 | $353,531 | |
| 7 | $353,531 | $6,333 | $22,793 | $347,198 | |
| 8 | $347,198 | $6,757 | $22,369 | $340,442 | |
| 9 | $340,442 | $7,209 | $21,916 | $333,232 | |
| 10 | $333,232 | $7,692 | $21,434 | $325,540 |
- Year 1$379,708
- Principal paid
- $4,292
- Interest paid
- $24,834
- Starting balance
- $384,000
- Year 2$375,128
- Principal paid
- $4,580
- Interest paid
- $24,546
- Starting balance
- $379,708
- Year 3$370,242
- Principal paid
- $4,886
- Interest paid
- $24,239
- Starting balance
- $375,128
- Year 4$365,029
- Principal paid
- $5,213
- Interest paid
- $23,912
- Starting balance
- $370,242
- Year 5$359,466
- Principal paid
- $5,563
- Interest paid
- $23,563
- Starting balance
- $365,029
- Year 6$353,531
- Principal paid
- $5,935
- Interest paid
- $23,191
- Starting balance
- $359,466
- Year 7$347,198
- Principal paid
- $6,333
- Interest paid
- $22,793
- Starting balance
- $353,531
- Year 8$340,442
- Principal paid
- $6,757
- Interest paid
- $22,369
- Starting balance
- $347,198
- Year 9$333,232
- Principal paid
- $7,209
- Interest paid
- $21,916
- Starting balance
- $340,442
- Year 10$325,540
- Principal paid
- $7,692
- Interest paid
- $21,434
- Starting balance
- $333,232
Nearby
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.