1190 E M Franklin Avenue, Austin, TX

$2,400,000

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1

Bed

2

Baths

720

Square feet

0.71

Acres

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 499
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLocal Life Realty, LLC

Listing Map

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