• 1190 E M Franklin Avenue Austin, TX 78721

  • $2,400,000
  • 1
    Bed(s)
  • 1
    Baths
  • 720
    Sq Ft
  • 0.714
    Acre

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!

Property Type :

Residential

Subdivision :

Ebony Acres

County :

Travis

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 1

Bathroom Information

Total Baths: 2

Full Baths: 1

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

720

Total Rooms: 1

Accessibility Features

See Remarks

Interior Features

Roof : None

Exterior Property Features : See Remarks

Interior Features: Main Level Primary,See Remarks

Property Appliances: See Remarks

No. of Fireplace: 0

Cooling Features: Central Air

Heating Features: None

Building Information

Year Built: 1954

Construction: See Remarks

Roof: None

Flooring: See Remarks

Fencing: None

Patio And Porch Features: Patio

View: None

Exterior Features

See Remarks

Window Features: Blinds

Laundry Features: Laundry Room

Lot Information

Lot Description: Cul-De-Sac,Interior Lot,Moderate Trees,Subdivided,Trees Small Size

Covered Spaces: 1

Lot Size Acres: 0.714

Property Information

SQ ft: 720

Subdivision: Ebony Acres

Directions: East on 12th, South on EM Franklin, the property is in Cul-da-sac

Source Property Type: Residential

Property SubType: Single Family Residence

Area: 5

Source Neighborhood: Ebony Acres

Total Square Feet Living: 720

Foundation Details: None

Pool Features: None

Property Age: 70

Utilities: Electricity Available,Natural Gas Available,Sewer Connected,Water Available

Listing Price Information

Original List Price: $2,400,000

Tax Information

Parcel Number: 02091602130000

Parking Information

Garage: 1

Parking Features: None

Homeowners Association Information

Association: No

Community Features: None

School Information

Elementary School: Norman-Sims

Middle/Junior High School: Martin

Senior High School: Northeast Early College

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1006 Lott Avenue, Austin, TX,78721 $525,000 3 2 1,024 0.3522 Acre
4811 Santa Anna Street, Austin, TX,78721 $500,000 1 1 540 0.2635 Acre
1105 Richardine Avenue, Austin, TX,78721 $300,000 3 1 748 0.1613 Acre
5405 Prock Lane, Austin, TX,78721 $1,249,999 5 2 2,588 0.4637 Acre
5412 E Martin Luther Ki.., Austin, TX,78721 $560,000 4 2 2,480 0.2 Acre
6011 Bolm Road, Austin, TX,78721 $1,800,000 -- -- -- 0.59 Acre
1117 Lott Avenue, Austin, TX,78721 $600,000 3 2 1,206 0.2227 Acre
1144 Mason Avenue, Austin, TX,78721 $649,999 3 1 888 0.159 Acre
4601 Alf Avenue #B, Austin, TX,78721 $699,999 3 2 1,802 0.225 Acre
4801 Lott, Austin, TX,78721 $349,000 2 1 768 0.1487 Acre

The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.

ByOwner last updated this listing 04/27/2024 @ 15:58

MLS: 3643906
LISTED BY: Justin Pistorius, Local Life Realty, LLC
SOURCE: ACTRIS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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