Property Description
Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1705 E M. Franklin Ave ("the Property"), a 2 acre infill residential development opportunity in Austin, Texas. The Property presents a prime east Austin location less than half a mile from the award-winning Mueller Master Community and easy access to Downtown Austin via E Martin Luther King Jr. Blvd. Additionally, the Property offers dual street frontage with access on both Deloney Street and E M Franklin Ave.
Zoned MF-2-NP, the Property is fully entitled supporting a range of residential development types. Conceptual yield studies indicate the potential for a 35-unit townhome and stacked flat configuration totaling 51,695 square feet of habitable area.
Zoned MF-2-NP, the Property is fully entitled supporting a range of residential development types. Conceptual yield studies indicate the potential for a 35-unit townhome and stacked flat configuration totaling 51,695 square feet of habitable area.
Essential Information
- MLS Number
- 3527262
- Status
- Active
- Days on Market
- 79
- Courtesy of
- Sayers Real Estate Advisors (512) 472-6100
Community & Amenities
- Subdivision
- Rosewood
- City
- Austin
- County
- Travis
- Waterfront
- No
- Community Features
- None
Exterior & Lot
- Lot Features
- Near Golf Course, Many Trees
- Other Structures
- None
School Information
- Elementary School
- Norman-Sims
- Elementary District
- Austin ISD
- Middle School
- Martin
- Middle District
- Austin ISD
- High School
- Northeast Early College
- High District
- Austin ISD
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Estimated Mortgage
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Estimated principal & interest
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Taxes, insurance, HOA dues and other costs are not included.