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1190 E M Franklin Ave, Austin TX 78721

$ 2,000,000
1190 E M Franklin Ave, Austin TX 78721, ,
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$ 2,000,000


MLS Area: 5
County:
MLS # 3643906

1190 E M Franklin Ave, Austin TX 78721, , TX 78721

About this property

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!

Basic Property Information

Dwelling Size - 720 ft2
From Public Records
Year Built - 1954
Stories - One
Foundation - None
Garage - 1
None
Roof - None
Lot Size Acres - 0.714
Waterfront Features - None
Bedrooms - 1
Main Level Bedrooms - 1
Bathrooms - 1.5
Full - 1
Half - 1
Living Rooms - 1
Dining Rooms - 1
Fireplaces - 0
Pool on Property- None

School District

School District - Austin ISD
Elementary - Norman-Sims
Middle - Martin
Senior High - Northeast Early College

Home Owners Association

Amenities and Features

Other Features
Electrical Utility Available
Primary Bedroom on Main
See Remarks

Utilities

Heating: None
Cooling: None
Electricity Available,Natural Gas Available,Sewer Connected,Water Available

Sewer: Public Sewer
Water: Public

Additional Details

Faces - North
Flooring - See Remarks
View - None
Lot Features - Cul-De-Sac,Interior Lot,Subdivided,Trees-Moderate,Trees-Small (Under 20 Ft)
Sellers Representative - Local Life Realty, LLC
(512) 502-5117
Other Structures - None
Accessibility Features - See Remarks
Community Features - None

Walk Score

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Based on information from the Austin Board of REALTORS®  for the period 05/18/2024 through 05/18/2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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.

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