Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Listing photo for 1190 E M Franklin Avenue, Austin, TX
Previous View the Previous slide Next View the next slide

1190 E M Franklin Avenue,

Austin, TX $2,400,000

$2,400,000

1 Bed
2 Baths
720 Sqft
0.71 Acre
1 Garage

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!

Facts & Features
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 448
Foreclosure No
Short Sale No
RE / Bank Owned No
Property Listed By:
Office Local Life Realty, LLC
Photo of Ashley Stucki

Ashley Stucki

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 . 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.

What's Your Home Worth? Find out now.

Let's Go