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Courtesy: Local Life Realty, LLC
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

1190 E M Franklin Ave,  Austin TX, 78721

(Active)
$2,400,000
|
1 beds, 1 Full/1 Half baths, 720 sqft
|
MLS# 3643906

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Last Updated: 5/17/2024 7:31 PM
Description for 1190 E M Franklin Ave Austin, TX 78721
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 tranquilityFavorable 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!
Price
$2,400,000
Ebony Acres
Travis
1
1 Full/1 Half
720 (approx)
3643906
Active
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 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 tranquilityFavorable 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!
Listing Information
Property Type: Single Family, 1 Story
1 1 Full/1 Half
0.71 Acres 720 (approx) 1954
Yes-1 space 1 Other
Ebony Acres
None
Public
Public Sewer
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Neighborhood
School Information
Norman-Sims Martin Northeast Early College
Room Information
Bathrooms
1 1
Interior Features
See Remarks
None
Other, None
See Remarks
Exterior / Lot Features
1 Garage Spaces, 1 Parking Spaces, None
Other
None
None
Cul-De-Sac, Interior Lot, Subdivided
Driving Directions
East on 12th, South on EM Franklin, the property is in Cul-da-sac
Financial Considerations
02091602130000
$7,795
Cash, Conventional
Listing Price History

Austin Real Estate

Austin is located in Texas. Austin, Texas 78721 has a population of 986,248.

The median household income in Austin, Texas 78721 is $57,880. The median household income for the surrounding county is $83,177 compared to the national median of $66,222. The median age of people living in Austin 78721 is 36 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/9/2024 Active $2,400,000  USD  20.00% MLS info
1/29/2024 Active $2,000,000  USD  11.11% MLS info
9/6/2023 Active $1,800,000  USD  20.00% MLS info
3/22/2023 Active $1,500,000  USD  -6.19% MLS info
2/9/2023 Active $1,599,000  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2022 $7,795   USD 52.18% $394,710   USD -
2021 $5,122   USD 10.25% $394,710   USD 67.73%
2020 $4,646   USD 3.82% $235,329   USD 12.79%
2019 $4,475   USD -8.41% $208,639   USD -
2018 $4,886   USD 15.67% $208,639   USD -6.21%
Courtesy: Local Life Realty, LLC
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
This content last refreshed on 5/17/2024 7:31 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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