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 Features
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (512) 942-7880
Listing Agent: Clay Byrne
Exterior Features
Exterior Information:
Waterfront: None
View: Neighborhood, Trees/Woods
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.12 Acres
Other
Directions Information:
Directions: From 183 (Bergstrom Expressway): Take the exit toward Springdale Rd. Merge onto Ed Bluestein Blvd. Turn right onto Springdale Rd. Turn left onto E 12th St. Turn right onto E M Franklin Avenue. The property will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $154,900
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Housing Market Comparison
See how this home compares to others in Austin, TX.
This property is $412.5K less than the Median Sold Price in Austin, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #2627719
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (512) 942-7880
Listing Agent: Clay Byrne
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oak Springs Elementary School
3601 Webberville Rd
Distance between this listing and this school0.72 miles
Public District Grades EE-5
6
/10
Ortega Elementary School
1135 Garland Ave
Distance between this listing and this school0.78 miles
Public District Grades EE-5
2
/10
Govalle Elementary School
3601 Govalle Ave
Distance between this listing and this school0.96 miles
Public District Grades PK-5
Nearby Schools
6
/10
Idea Health Professions College Preparatory
5816 Wilcab Rd
Distance between this listing and this school1.24 miles
Public Charter Grades 6-7
6
/10
Kealing Middle School
1607 Pennsylvania Ave
Distance between this listing and this school1.67 miles
Public District Grades 6-8
5
/10
Vista Academy of Austin-Mueller
1504 E 51st St Bldg E
Distance between this listing and this school2.02 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Texans Can Academy - Austin
2406 Rosewood Ave
Distance between this listing and this school0.93 miles
Public Charter Grades 9-12
2
/10
Eastside Early College High School
1012 Arthur Stiles Rd
Distance between this listing and this school1.56 miles
Public District Grades 9-12
2
/10
International High School
1012 Arthur Stiles Rd
Distance between this listing and this school1.56 miles
The neighbors living near this home have an average income of $44,605. Typical income of Austin, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1196 E M Franklin Ave Unit 2
What is the listing price of this property?
The listing price of 1196 E M Franklin Ave Unit 2 property is $154,900.
What type of property is this?
The property 1196 E M Franklin Ave Unit 2 is land located in Austin, Texas, 78721.
Is this property for sale now?
Active Listing: 1196 E M Franklin Ave Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1196 E M Franklin Ave Unit 2 is 0.12 acres.
Interested in 1196 E M Franklin Ave Unit 2? Let's connect.
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This home is located at 1196 E M Franklin Ave Unit 2 in Austin, TX and zip code 78721 in the MLK neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $154,900.
In November 2024 more than 59 listings in Austin, TX were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 446 were sold below. The number of listings in Austin, TX decreased by 1.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 74 days, the median list price was $567,441.
From Rocket Homes Real Estate and based on county public records data.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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