1196 E M Franklin Avenue #2

Austin, TX 78721
$154,900

Description

Discover a unique opportunity to invest in one of East Austin’s most desirable areas with this residential lot at 1196 E M Franklin Avenue. This prime piece of real estate offers endless possibilities for developers, builders, and visionaries looking to capitalize on the booming Austin market. Spanning a generous 5,369 Sq Ft, this lot provides the perfect canvas for creating your dream home or a profitable development project. With its ideal location just minutes from downtown Austin, this lot combines the tranquility of a residential neighborhood with the convenience of urban living. As required by the city, water service has been upgraded for two separate meters, leaving the new owner to only install their specific meter for use. The city allows for up to 2300 SF dwelling to be built. Don’t miss this rare chance to secure a piece of East Austin’s future. Whether you're a seasoned investor or looking to start your real estate journey, this residential lot is an opportunity you won’t want to pass up. Buyer to verify all information.

  • Property Details
    • Property
      • View:Neighborhood, Trees Woods
      • Lot description:Level
    • Measurements
      • Acres:0.123
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:1196 Em Franklin Avenue Condos
    • Location
      • School district:Austin ISD
      • Elementary School:Norman-Sims
      • Middle School:Martin
      • High School:Northeast Early College
      • County:Travis
  • Financial Details
    • Pricing Details
      • Original List Price:$199, 000
      • Days on Market (Cumulative):79
      • Taxes annual:$2, 487
  • Other
    • Source
      • MLS #:2627719

Location

Allan AndersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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