NOT LISTED FOR SALE

1192 E M Franklin Ave Austin, TX 78721

East MLK Neighborhood

Estimated Value: $329,000 - $397,000

2 Beds
1 Bath
720 Sq Ft
$510/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2024

Current estimated payment $2,023 / mo

100 Days on Market

Highlights

  • View of Trees or Woods
  • Mature Trees
  • Wood Flooring
  • 0.44 Acre Lot
  • Deck
  • No HOA

About This Home

As of August 2024

Prime opportunity to develop up to 3 units on a super spacious 19,343 sq. ft. lot nestled in desirable East Austin neighborhood. With SF3 zoning, you have the flexibility to renovate or rebuild to suit your preferences. Set in an established community, high atop a hill, this property offers significant value in its expansive lot. 5 miles from ABIA, 3 miles from Lady Bird Lake Hike & Bike Trail, and downtown Austin, and less than 2 miles from Mueller.

Last Agent to Sell the Property

Chloe Chiang

eXp Realty, LLC Brokerage Phone: (888) 519-7431 License #0596981 Listed on: 04/05/2024

eXp Realty, LLC

Last Buyer's Agent

Bridget Ramey

Kuper Sotheby's Int'l Realty License #0547097

Kuper Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 19,345 Sq Ft Lot
  • Northeast Facing Home
  • Partially Fenced Property
  • Pie Shaped Lot
  • Mature Trees
  • Property is in average condition

Property Views

  • Woods
  • Neighborhood

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range
  • Laundry Located Outside

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Outside Parking

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • SIMS Elementary School
  • Bertha Sadler Means Middle School
  • Northeast Early College High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ebony Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02091602120000

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0.44 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Additional Parcels: No
  • Direction Faces: Northeast
  • Directions: E ON 12TH ST FROM AIRPORT, RIGHT ON EM FRANKLIN, HOUSE IS ON THE RIGHT AT THE TOP OF THE HILL.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure, Seller Provided Survey Available
  • Fencing: Partial
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 720
  • Other Structures: Shed(s)
  • Special Listing Conditions: Estate
  • Attribution Contact: (888) 519-7431
  • Attribution Contact: (888) 519-7431
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 898.19
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 21.19
  • Current Price By Living Ar: 569.44
  • "Current Price By Original ": 0.82
  • List Price Lot Size Square: 23.78
  • List Price By Living Area: 638.89
  • List Price By Original Lis: 0.92
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead,Over 65
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom on Main, See Remarks
  • View: Neighborhood, Trees/Woods
  • Flooring: Vinyl, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Free-Standing Range
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Average
  • Security Features: None
  • Spa Features: None
  • Window Features: See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Outside

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Exterior Steps, See Remarks
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Outside
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Natural Gas
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Sims
  • High School: Northeast Early College
  • Middle/Junior School: Bertha Sadler Means
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Pie Shaped Lot, Trees-Large (Over 40 Ft)
  • Parcel Number: 02091602120000
  • Lot Size Acres: 0.4441
  • Lot Size Sq Ft: 19345
  • Subdivision Name: EBONY ACRES

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Filled Sqft Total: 720
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Aug 12, 2024
Sold by
Soto Joe
Bought by
Hart William
Seller's Agent
Chloe Chiang
eXp Realty, LLC
Buyer's Agent
Bridget Ramey
Kuper Sotheby's Int'l Realty
List Price
$500,000
Views
18
Current Estimated Value
$367,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.33%
Original Mortgage
$328,000
Outstanding Balance
$322,470
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$44,848

Purchase Details

Closed on
Aug 8, 2003
Sold by
Sorrells Bessie
Bought by
Fowler Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Sorrells Bessie
Bought by
Sorrells Bessie
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hart William -- Heritage Title
Fowler Danny -- Chicago Title Insurance Comp
Sorrells Bessie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart William $328,000
Previous Owner Fowler Danny $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2024 08/13/24 Sold -- -- --
07/16/2024 07/16/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $460,000 -4.2% $639 / Sq Ft
05/29/2024 05/29/24 Price Changed $480,000 -4.0% $667 / Sq Ft
04/06/2024 04/06/24 For Sale $500,000 -- $694 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,073 $342,027 -- --
2023 $993 $282,667 -- --
2022 $5,075 $256,970 $0 $0
2021 $5,085 $233,609 $201,250 $82,986
2020 $4,555 $212,372 $201,250 $61,042
2018 $3,886 $175,514 $201,250 $40,883
2017 $3,558 $159,558 $172,500 $60,086
2016 $3,235 $145,053 $115,000 $64,092
2015 $643 $131,866 $86,250 $75,212
2014 $643 $119,878 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9526146

Unlock MLS (Austin Board of REALTORS®)

APN: 198972

Your Personal Tour Guide

Ask me questions while you tour the home.