1196 E M Franklin Ave #2 Active Save Request In-Person Tour Request Virtual Tour
Austin,TX 78721
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision 1196 Em Franklin Avenue Condos
MLS Listing ID 2627719
Originating Board actris
Annual Tax Amount $2,487
Tax Year 2024
Lot Size 5,357 Sqft
Property 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.
Location
State TX
County Travis
Interior
Fireplace N
Exterior
Community Features None
Utilities Available Electricity Available,Water Available
Waterfront No
Waterfront Description None
View Neighborhood,Trees/Woods
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Norman-Sims
Middle Schools Martin
High Schools Northeast Early College
School District Austin Isd
Others
Restrictions City Restrictions,Deed Restrictions
Acceptable Financing Cash,Conventional,FHA,VA Loan
Tax Rate 1.8092
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard