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1190 E M Franklin Avenue, Austin, TX – $2,000,000

  • 1 Bed
  • 2 Baths
  • 720 Sqft
  • .71 Acres
  • 1 Bed
  • 2 Baths
  • 720 Sqft
  • .71 Acres

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1190 E M Franklin Avenue

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!

Essential Information

  • MLS® #3643906
  • Price$2,000,000
  • Bedrooms1
  • Bathrooms2.00
  • Full Baths1
  • Half Baths1
  • Square Footage720
  • Acres0.71
  • Year Built1954
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address1190 E M Franklin Avenue
  • SubdivisionEbony Acres
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78721

Amenities

  • FeaturesNone
  • ParkingNone
  • # of Garages1
  • ViewNone
  • WaterfrontNone

Utilities

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

Interior

  • InteriorSee Remarks
  • AppliancesSee Remarks
  • HeatingNone
  • # of Stories1
  • StoriesOne

Exterior

  • Exterior FeaturesSee Remarks
  • RoofNone
  • ConstructionSee Remarks
  • FoundationNone

Lot Description

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

School Information

  • DistrictAustin ISD
  • ElementaryNorman-Sims
  • MiddleMartin
  • HighNortheast Early College

Price Change History for 1190 E M Franklin Avenue, Austin, TX (MLS® #3643906)

Date Details Price Change
Price Increased $2,000,000 $200,000 (11.11%)
Price Increased $1,800,000 $300,000 (20.00%)
Price Reduced (from $1,599,000) $1,500,000 $99,000 (6.19%)
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Property Listed by: 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from February 24th, 2024 at 6:45pm CST. 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.

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