1190 East M. Franklin Avenue

Austin, TX 78721

$2,400,000
Price
1
Beds
1
Bath
1
1/2 Bath
720 Sq. Ft.
$3,333 / Sq. Ft.
720
Sq. Ft.
$3,333
per Sq. Ft.

Description

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
...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!
  1. Listed by Justin Pistorius • TREC #0631785 • Local Life Realty, LLC

Property Details for 1190 East M. Franklin Avenue

Subdivision Name
Ebony Acres
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
None
View YN
No
Parcel Number
02091602130000
Tax Lot
6

Location

Listing Courtesy of Local Life Realty, LLC, Justin Pistorius, TREC #0631785
Add your commute
LISTING UPDATED: 02/09/2023 12:21 PM

Property Details for 1190 East M. Franklin Avenue

StatusActive
MLS #3643906
Days on Market451
Taxes$7,795 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1954
Lot Size0.71 AC / 31,101 SF
CountyTravis County

Location

Listing Courtesy of Local Life Realty, LLC, Justin Pistorius, TREC #0631785
Add your commute

Building Information for 1190 East M. Franklin Avenue

Stories1Year Built1954Building Size-Lot Size0.71 AC / 31,101 SF

Payment Calculator

$13,747 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$650

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1190 East M. Franklin Avenue

General Information
Parking
  • Garage Spaces: 1
  • Parking Total: 1
  • Parking Features: None
  • Garage: Yes
  • Covered Spaces: 1
Interior
  • Interior Features: Main Level Master, See Remarks
  • Flooring: See Remarks
  • Appliances: See Remarks
  • Fireplace: No
  • Fireplaces Total: 0
  • Restrictions: No Restrictions
Exterior
  • Exterior Features: See Remarks
  • New Construction: No
  • Construction Materials: See Remarks
  • Foundation Details: None
  • Patio And Porch Features: None
  • Roof: None
  • Fencing: None
  • Direction Faces: North
  • Window Features: None
  • Accessibility Features: See Remarks
  • Community Features: None
Property Information
Lot Information
  • Lot Features: Cul-De-Sac, Interior Lot, Moderate Trees, Subdivided, Trees Small Size
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling YN: No
  • Cooling: None
  • Heating YN: No
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Water Source: Public
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: None
Room 2
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: None
Room 3
  • Room Type: Primary Bedroom
  • Room Level: Main
  • Room Features: None
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $394,710
  • Additional Parcels: No
  • Tax Year: 2022
  • Tax Rate: 1.97%
Showing Information
Showing Information
  • Security Features: None
  • Directions: East on 12th, South on EM Franklin, the property is in Cul-da-sac

Property History for 1190 East M. Franklin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1190 East M. Franklin Avenue

Taxable ValueLand$360,000Additions$34,710Total$394,710
Tax Record2022$7,795 ($650 / month)
Home Facts
Beds0Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size20,708 SqFtStyleSingle Family ResidenceYear Built1954CountyTRAVISAPN0209160213

Schools near 1190 East M. Franklin Avenue

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 11
Rating
School
Distance
Norman Elementary School
PublicPK to 5

Martin Middle School
Public6 to 8

Northeast Early College High School
Public9 to 12

Alternative Learning Center
Public7 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1190 East M. Franklin Avenue is a single family home for sale in Austin, TX 78721. This property was listed for sale on February 9, 2023 by Local Life Realty, LLC, it's currently listed at $2,400,000. This listing's school district is Austin Independent School District. Nearby schools include Norman Elementary School, Martin Middle School and Northeast Early College High School. 1190 East M. Franklin Avenue is a 1-bed, 1.5-bath, 720 sqft single family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Local Life Realty, LLC, Justin Pistorius, TREC #0631785

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.