Austin, TX 78721 1190 E M Franklin Ave
$2,400,000
14 more
Presented By: Local Life Realty, LLC;
Home Details
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!
Presented By: Local Life Realty, LLC;
Interior Features for 1190 E M Franklin Ave
Bedrooms
Main Level Bedrooms1
Total Bedrooms1
Bathrooms
Full Baths1
Half Baths1
Total Baths2
Other Interior Features
LivingAreaSourcePublic Records
FlooringSee Remarks
Street SuffixAve
Total Fireplaces
Window FeaturesNone
General for 1190 E M Franklin Ave
AccessibilitySee Remarks
Additional Parcels Y/NNo
AppliancesSee Remarks
CityAustin
Community FeaturesNone
Construction MaterialsSee Remarks
CoolingNone
CountyTravis
DirectionsEast on 12th, South on EM Franklin, the property is in Cul-da-sac
DisclosuresNone
Elementary SchoolNorman-Sims
Energy EfficientNone
Exterior FeaturesSee Remarks
Facing DirectionNorth
Garage Spaces1
Green SustainabilityNone
HOA / Comm AssnNo
HeatingNone
High SchoolNortheast Early College
Interior FeaturesPrimary Bedroom on Main, See Remarks
LevelsOne
Lot Size Square Feet31101.84
MLS Area5
Middle/Junior High SchoolMartin
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesNone
Pool FeaturesNone
Property ConditionTear Down
Property SubTypeSingle Family Residence
Property TypeResidential
RoofNone
Security FeaturesNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameM Franklin
Subdivision NameEbony Acres
Tax Annual Amount7795.22
Tax Assessed Value394710
Tax Year2022
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected, Water Available
ViewNone
Waterfront FeaturesNone
Waterfront Y/NNo
Year Built1954
Year Built SourcePublic Records
Exterior for 1190 E M Franklin Ave
Covered Spaces1
FencingNone
Foundation DetailsNone
Horse Amenities None
Horse Y/NNo
Lot FeaturesCul-De-Sac, Interior Lot, Subdivided, Trees-Moderate, Trees-Small (Under 20 Ft)
Lot Size Acres0.714
Parking FeaturesNone
Total Parking1
Water SourcePublic
Additional Details
Price History
Schools
High School
Northeast Early College High School
Middle School
Martin Middle School
Elementary School
Norman-Sims Elementary School
Madison Smith
REALTOR®