NOT LISTED FOR SALE

1312 E M Franklin Ave Unit 2 Austin, TX 78721

East MLK Neighborhood

Estimated Value: $1,050,000

2 Beds
2.5 Baths
1,064 Sq Ft
$987/Sq Ft Est. Value

Last Sold April 28, 2023

Current estimated payment $7,011/month

78 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Stainless Steel Appliances
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Balcony

About This Home

As of April 2023

Stunning new construction that's less than 2 miles from the Mueller District. Two large bedrooms each with full bath. Second floor bedroom has oversized balcony. The construction has many custom and upgraded features. Buyer to verify square footage, schools and all other information on the property. HOA/Condo documents are being prepared. Photographs are renderings of the property. The construction is complete and the certificate of occupancy from the City of Austin is expected soon.

Last Agent to Sell the Property

Belinda Huerta

Coldwell Banker Realty License #0655484 Listed on: 01/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Brandi Wyman

Compass RE Texas, LLC License #0530626

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,806

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • East Facing Home
  • Wood Fence
  • Interior Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Low Emissivity Windows

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in Hall
  • Gas Dryer Hookup

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Attached Carport
  • Driveway
  • Outside Parking

Accessible Home Design

  • No Carpet

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters

Schools

  • SIMS Elementary School
  • Garcia Middle School
  • Northeast Early College High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • 1312 E M Franklin Avenue Condominiums Association
  • Built by Italex
  • Division B Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 202375
  • Assessor Parcel Number 1312 E M Franklin #B
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,806

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: City Restrictions, Deed Restrictions
  • Year Built: 2022
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: From IH35 take MLK going east. Right on EM Franklin. The development will be on the right.
  • Disclosures: None
  • Estimated Taxes: 5806.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1064.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Counter-Granite, Double Vanity, Electric Dryer Hookup, Gas Dryer Hookup, Pantry, Primary Bedroom on Main, Smart Thermostat, Walk-In Closet(s)
  • Laundry Location: In Hall, Laundry Closet
  • View: None
  • Flooring: No Carpet, Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Cooktop Gas, Gas Range, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Under Construction
  • Security Features: Smoke Detector(s)
  • Window Features: Low Emissivity Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Gutters Full
  • Roof: Composition, Metal, Shingle
  • Builder Name: Italex
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached Carport, Covered, Driveway, Outside
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 50.00

Association/Amenities

  • Association Name: 1312 E M Franklin Avenue Condominiums
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Sims
  • Middle School: Garcia
  • High School: Northeast Early College
  • Elementary School: Sims
  • High School: Northeast Early College
  • Middle/Junior School: Garcia

Lot Info

  • Lot Features: Interior Lot, Sprinkler - Automatic, Trees-Sparse
  • Parcel Number: 1312 E M Franklin #B
  • Lot Size Acres: 0.2900
  • Lot Size Sq Ft: 12632.40
  • Subdivision Name: Division B

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Lot: 202375
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Annual Amount: 5806.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2008
Sold by
Limon Abigail Garcia
Bought by
Sanchez John Luke and Sanchez Melinda Limon
Current Estimated Value
$1,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Sanchez John Luke -- American-Austin Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez John Luke $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold -- -- --
04/05/2023 04/05/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $650,000 -- $611 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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
2023 $17,453 $964,628 $345,000 $619,628
2022 $5,806 $294,000 $294,000 $0
2021 $4,381 $201,250 $201,250 $0
2020 $4,317 $201,250 $201,250 $0
2018 $4,456 $201,250 $201,250 $0
2017 $3,680 $165,000 $165,000 $0
2016 $2,453 $110,000 $110,000 $0
2015 $1,190 $82,500 $82,500 $0
2014 $1,190 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2945271

Unlock MLS (Austin Board of REALTORS®)

APN: 202375