1130 Richardine Ave Austin, TX 78721
This exceptional 6,098 square foot residential lot presents a remarkable tear-down opportunity in a rapidly developing Austin neighborhood. Located at 1130 Richardine Ave, Austin, TX 78721, this unimproved land is ideally suited for new construction, offering a blank canvas to create a custom home in a highly desirable area. The property's prime location is just 3.16 miles from the vibrant heart of Downtown Austin, providing easy access to the city's cultural attractions, entertainment venues, and employment centers. Furthermore, its proximity to Austin International Airport, less than 15 minutes away, adds to its convenience. The surrounding area is experiencing significant growth, with numerous new construction projects transforming the neighborhood, indicating a strong upward trajectory in property values. This presents a unique chance to capitalize on Austin's booming real estate market. The asking price for this exceptional lot is $480,000. Serious inquiries only. Please note: The existing structure on the property is slated for demolition
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.