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.
| MLS # | 3527262 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 36 |
| Listing Provided By | Sayers Real Estate Advisors | Clint Sayers |
| Zoning | MR-2-NP |
|---|---|
| Acreage | 2.00 |
| Golf Course | Yes |
| Water Front | Yes |
| Property View | City, Trees, Woods |
| Lot Features | Near Golf Course, Many Trees |
|---|
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78721 |
| Area | 3E |
| Community Name | Rosewood |
| School District | Austin ISD |
| Elementary School | Norman-Sims |
| High School | Northeast Early College |
| Listing VS Median (in Rosewood) | |
Price: $2,800,000 low | high Med: $475,000 On site: 36 low | high Med: 90 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78721 |
| Area | 3E |
| Community Name | Rosewood |
| School District | Austin ISD |
| Elementary School | Norman-Sims |
| High School | Northeast Early College |
| Listing VS Median (in Rosewood) | |
Price: $2,800,000 low | high Med: $475,000 On site: 36 low | high Med: 90 | |