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1705 E M. Franklin ave 2.03 Acres of Residential Land in Austin, TX 78721
Investment Highlights
- Development-ready residential opportunity
- Dual street frontage - Frontage on both Deloney St and E M Franklin Ave
- Creek corridor - Scenic creek bisects site, creating a distinctive natural amenity
- Development-ready residential opportunity
- Product flexibility - Site allows for townhomes, condominiums or boutique multifamily
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.03 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | MF-2-CO-NP | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.03 AC |
| Opportunity Zone |
Yes |
| Zoning | MF-2-CO-NP |
1 Lot Available
Lot
| Lot Size | 2.03 AC |
| Lot Size | 2.03 AC |
Description
Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1705 EM 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.
Presented by
1705 E M. Franklin ave
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