1190 E M Franklin Ave

Austin, TX 78721

For Sale $2,400,000

Listed 447 days ago for $1,599,000
  • Status: Active
  • County: Travis
  • School District: Austin ISD
  • Subdivision: Ebony Acres
  • Beds: 1
  • Bathrooms: 1
  • Half Bathrooms: 1
  • SqFt: 720
  • $/SqFt: 3333.33
  • Lot Size: 0.714 acres
  • Levels: One
  • Built: 1954
  • Est. Taxes: $7795
  • Association/HOA : No
  • Waterfront: No
  • Private Pool: No
  • Heating: None
  • Cooling: None
  • Interior Features: Primary Bedroom on Main, See Remarks
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!

Construction Materials
See Remarks
Roof
None
Exterior Features
See Remarks
Green Energy Efficiency
None
Pool Features
None
Lot Features
Cul-De-Sac, Interior Lot, Subdivided, Trees-Moderate, Trees-Small (Under 20 Ft)
Patio and Porch Features
None
Waterfront Features
None
Appliances
See Remarks
Parking
Parking Spaces 1
Garage Spaces 1
Parking Features None
Community Features
None
Listing ID
3643906
Sub Agency Compensation
0.000%
Buyer Agency Compensation
3%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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