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1190 E M Franklin Ave

Austin, TX 78721
  • $2,400,000
  • STATUS: Active
  • MLS #: 3643906
$2,400,000
  • 1
    BEDS
  • 0.71
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 720
    SQFT
  • $3,333
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1954
County:
Area:

School Information

Elementary School:
Middle School:
School District:
Property listed by Justin Pistorius of Local Life Realty, LLC: .

Description

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!

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). 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.The information 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. Data last updated: 2024-04-18T14:39:10.177.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-04-18T14:39:10.177 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.absolutecharmrealestate.net/homes/136842475
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1190 E M Franklin Ave Austin, TX 78721

  • Price: $2,400,000
  • Status: Active
  • On Site: Days
  • MLS #: 3643906
1
Beds
1
Baths
1
½ Baths
0.71
Acres
720
SQFT
$3,333
$/SQFT
1954
Built
Neighborhood:
Ebony Acres
County:
Travis
Area:
Austin
Elementary School:
Norman-Sims
Middle School:
Martin
High School:
Northeast Early College
School District:
Austin ISD
Property Description
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!
Exterior Features

Attached Garage YN No Covered Spaces 1 Direction Faces North Exterior Features See Remarks Fencing None Foundation Details None Garage YN No Levels One Lot Features Cul-De-SacInterior LotSubdividedTrees-ModerateTrees-Small (Under 20 Ft) Other Structures None Parking Features None Patio And Porch Features None Roof None View None Waterfront Features None Waterfront YN No

Interior Features

Appliances See Remarks Cooling None Fireplaces Total 0 Flooring See Remarks Heating None Interior Features Primary Bedroom on MainSee Remarks Laundry Location None Main Level Bedrooms 1 Num Dining 1 Num Living 1 Rooms Bathroom (Main Level None) Kitchen (Main Level None) Primary Bedroom (Main Level None) Window Features None

Property Features

Accessibility Features See Remarks Additional Parcels YN No Association YN No Community Features None Estimated Taxes 7795 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pool Features None Pool Private YN No Property Condition Tear Down Property Sub Type Single Family Residence Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7795.22 Utilities Electricity AvailableNatural Gas AvailableSewer ConnectedWater Available Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). 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.The information 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. Data last updated: 2024-04-18T14:39:10.177.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-04-18T14:39:10.177 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Absolute Charm Real Estate Group brokered by eXp Realty
709 West Main Street
Fredericksburg TX, 78624
Property listed by Justin Pistorius of Local Life Realty, LLC: .