1190 E M Franklin Ave

Austin, TX 78721 View Map $2,000,000 Schedule a Tour
Beds1
Baths1Full11/2
Sq.Ft.720
Year1954

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Status: Active
Property Type:House
MLS #:3643906
Sq. Feet:720
On Site:379 Days
Lot Size:0.71 Acres
County:Travis
Per new city land guide lines. Welcome to an exceptional investment opportunity that beckons seasoned developers and savvy investors alike. Presenting three subdivided and meticulously planned lots, each primed to accommodate three units, creating a grand total of 9 lucrative doors for sale. With approved subdivision and neighborhood plans in place, your vision for a prosperous development is well within reach.

Key Features:
Prime Location: Nestled within the burgeoning east side, this property is surrounded by a thriving community of new developments, ensuring a dynamic and vibrant environment for prospective homeowners.

Subdivide and Conquer: The hard work has been done for you! Approved subdivision allows for the creation of three distinct lots, providing flexibility in your development strategy and maximizing your return on investment.

Lucrative Investment: As the demand for modern living spaces continues to rise, this development promises an opportunity for substantial financial gains.

Thriving Community: The east side has become an attractive destination for young professionals and families seeking a perfect blend of urban convenience and suburban tranquility

Favorable Future: With the surrounding area experiencing impressive growth and appreciation, the value of this investment is bound to escalate over time.

Don't miss your chance to be at the forefront of this remarkable venture. Whether you're an experienced developer looking to expand your portfolio or an astute investor seeking a secure venture, this property has all the components for an exceptional success story. Take action now and turn this blank canvas into a masterpiece of modern living!

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$000 Monthly Payment
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ABOUT 1190 E M Franklin Ave, Austin, TX 78721 - MLS 3643906

In Travis County, this property is located at 1190 E M Franklin Ave in the Ebony Acres neighborhood of Austin, with a current listing price of $2,000,000. This 720 square foot house for sale has 1 bedrooms, 2 baths, and is situated on 0.71 acres of land.

For more information about 1190 E M Franklin Ave, see more details below as entered by the listing brokerage, including property taxes, year built, assigned schools, type of construction, exterior and interior features, locations, views, and any neighborhood amenities in Ebony Acres.

Call The RealFX Group to get into your Austin area dream home today! Our local agents are experts in the Austin real estate market and are committed to providing outstanding service. To tour MLS #3643906 today, connect with an agent at (512) 956-7390.


Price Change History

Date Old Price New Price Percent Change
3/22/2023$1,599,000$1,500,000-6.2%
9/6/2023$1,500,000$1,800,00020%
1/29/2024$1,800,000$2,000,00011.1%

Community Information

Address:1190 E M Franklin Ave, Austin, TX 78721
MLS Area:Austin - East
County:Travis
City:Austin
Subdivision:Ebony Acres
Zip Code:78721

School Information

School:Austin ISD
Middle School:Martin
Elementary School:Norman-Sims

Architecture

Bedrooms: 1
Bathrooms: 1 Full / 1 Half
Year Built:1954
Stories:1
Attached Garage Yes/No: No
Garage Spaces: 1
Covered Spaces: 1

Features / Amenities

Interior Features: Primary Bedroom on Main
Direction Faces: North

Rooms

Level
Primary BedroomMain
BathroomMain
KitchenMain

Property Features

Lot Size: 0.71 Acres
Lot Features: Cul-De-Sac, Interior Lot, Subdivided, Trees-Moderate, Trees-Small (Under 20 Ft)
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Sewer: Public Sewer
Water: Public
Directions:East on 12th, South on EM Franklin, the property is in Cul-da-sac

Tax and Financial Info

Tax Annual Amount: $7,795.22
Terms: Cash, Conventional
Buyer Agency Compensation: 3.000%
Sub Agency Compensation Type: 0.000%
Possession: Funding

Schools

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1190 E M Franklin Ave Austin,  TX 78721
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1190 E M Franklin Ave Austin, TX 78721
 
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Listing provided courtesy of Local Life Realty, LLC.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings courtesy of ACTRIS MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of February 22, 2024 2:00 AM CST . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.