About 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!
Features of 1190 E M Franklin Avenue
| MLS® # | 3643906 |
|---|---|
| Price | $2,400,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 720 |
| Acres | 0.71 |
| Year Built | 1954 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1190 E M Franklin Avenue |
|---|---|
| Area | 5 |
| Subdivision | Ebony Acres |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78721 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Connected, Water Available |
|---|---|
| Features | None |
| Parking | None |
| Garage Spaces | 1 |
| View | None |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | See Remarks |
|---|---|
| Appliances | See Remarks |
| Heating | None |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | See Remarks |
|---|---|
| Lot Description | Cul-De-Sac, Interior Lot, Moderate Trees, Subdivided, Trees Small Size |
| Roof | None |
| Construction | See Remarks |
| Foundation | None |
School Information
| District | Austin ISD |
|---|---|
| Elementary | Norman-Sims |
| Middle | Martin |
| High | Northeast Early College |
Additional Information
| Date Listed | February 9th, 2023 |
|---|---|
| Days on Market | 444 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Tax Year | 2022 |
| Estimated Tax | 7,795 |
| Total Actual Tax | 7,795 |
Listing Details
| Office | Local Life Realty, LLC |
|---|