#1073359, Liz Cushing, Listing Office: Compass RE Texas, LLC
Property details
About 1196 E M Franklin Ave Unit 2
Experience unmatched value with our exclusive Byrne Buyer Guarantee and tailored Buyer Mortgage Incentives partnerships! From saving thousands on closing costs to securing the best rates and a guarantee that ensures your satisfaction, we’re redefining what it means to buy with confidence. Call for Details! 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 MLS information. Do you have a house to sell? Call today to learn more about our tiered marketing programs.
Highlights
Home typeUnimproved Land
StatusActive
Lot size0.123 Acres
MLS #2627719
ViewNeighborhood, Trees/Woods
Summary
- MLS Number: 2627719
- MLS Name: ACTRIS
- 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 2025 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 2/6/2025, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$154,900
1196 E M Franklin Ave Unit 2
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Price information
Property sales
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Tax history
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Nearby schools
4
Oak Springs Elementary School
Public District EE-5
0.7 mi
•3601 Webberville Rd
6
Ortega Elementary School
Public District EE-5
0.8 mi
•1135 Garland Ave
2
Govalle Elementary School
Public District PK-5
1.0 mi
•3601 Govalle Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,605. The majority of Austin, TX residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
38%
<35k
51%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Soccer
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Forever 21
Books-a-Million
Big Lots
Where do the neighbors go to eat?
Dominos Pizza
Church's Chicken
Golden Corral
What do the neighbors drive?
Mazda
Toyota
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits- Adult Hits
- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1196 E M Franklin Ave Unit 2
This home is located at 1196 E M Franklin Ave Unit 2 in Austin, TX and zip code 78721 in the MLK neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $154,900.
Over 35 listings were sold over their listed price in January 2025 in Austin, TX. In the same period over 358 listings were sold below the listed price and 82 listings were sold for the listed price. In January 2025 in Austin, TX there were 10.6% more homes for sale than in December. Listings spent 85 days on the market in January 2025, and had a median list price of $573,763 during the same period.
From Rocket Homes Real Estate and based on county public records data.