NOT LISTED FOR SALE

1606 E M Franklin Ave Unit 1 Austin, TX 78721

East MLK Neighborhood

Estimated Value: $1,026,000

4 Beds
4 Baths
2,265 Sq Ft
7,431 Sq Ft Lot

Last Sold July 01, 2024

Current estimated payment $7,706/month

22 Days on Market

Highlights

  • New Construction
  • City View
  • Wood Flooring
  • Solar Power System
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of July 2024

Imagine Owning A Newly Constructed Home That Produces It's Own Energy With 10.53 kilowatts Of Solar Energy Minimizing Your Electrical Utility Cost With 94.5% Energy Offset. You will receive yearly savings during the duration of ownership with an 30% Federal Tax Credit until 2033.This newly constructed home aligns itself with sustainability and energy resilience and features the REC Alpha Pure Series Solar Panels and the newest Enphase micro inverter IQ8+. This thoughtfully crafted home designed by architect David Boren harmonizes with nature giving living areas exposure to natural sunlight and spacious back yard that combines indoor and outdoor living to elevate your living experience. Discover extraordinary Green home features, enticing tax incentives, throughout your ownership journey. This Austin Energy Green Build Five Star Home showcases energy star Carrier Infinity HVAC System ensuring optimal cost savings and a healthier indoor environment. Other features include EV Car Charger Ready Outlet, Navian Tank-less Water Heater and Energy Star Appliances and non-vented electric fire Place, master walk-in shower/vessel tub combination, and spacious landscaped back yard. This location provides convenience to your doorstep, with Mueller Shopping district, biking lanes, and bus routes within walking distance. Plus, enjoy easy access to Downtown Austin, ABIA, I35/183/290 for hassle-free travel. This is an extraordinary opportunity to own an environmentally conscious sanctuary. (Refer to the attached Energy Star rebates and tax incentives forms)

Last Agent to Sell the Property

William Jones

Twelve Rivers Realty Brokerage Phone: (512) 771-0953 License #0534275 Listed on: 05/10/2024

Twelve Rivers Realty

Last Buyer's Agent

Ami Davis

Christie's Int'l Real Estate License #0571322

Christie's Int'l Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,078

Year Built

  • Built in 2023 | New Construction

Lot Details

  • North Facing Home
  • Property is Fully Fenced
  • Wood Fence
  • Xeriscape Landscape
  • Front Yard
  • Property is in excellent condition

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Spray Foam Insulation
  • Metal Roof
  • HardiePlank Type
  • Cedar

Interior Spaces

  • 2,265 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Wood Flooring
  • City Views
  • Smart Thermostat

Kitchen

  • Eat-In Kitchen
  • <<OvenToken>>
  • Gas Range
  • Range Hood
  • <<microwave>>
  • ENERGY STAR Qualified Refrigerator
  • <<ENERGY STAR Qualified Dishwasher>>
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity
  • Soaking Tub

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bars
  • Accessible Common Area
  • Accessible Kitchen
  • Accessible Hallway

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR Qualified Equipment
  • Energy-Efficient Thermostat
  • Solar Power System

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • City Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Connected
  • ENERGY STAR Qualified Water Heater
  • Sewer Connected
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 202417
  • Tax Block 1

Community Details

Overview

  • No Home Owners Association
  • Built by NeerG Inc And MJC Group
  • Smith Dollie Subdivision
  • Electric Vehicle Charging Station

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,078

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2023
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: Head East on MLK Blvd from I-35. Turn Right onto E M Franklin Ave.
  • Disclosures: Owner/Agent, Seller Disclosure
  • Fencing: Fenced, Full, Wood
  • Fireplaces: 1
  • Garage Spaces: 1
  • Green Energy Efficient: Appliances, Construction, HVAC, Insulation, Solar Panel, Sustainability, Thermostat, Water Heater
  • Green Sustainability: None
  • Levels: Three Or More
  • Living Area: 2265
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 771-0953
  • Attribution Contact: (512) 771-0953
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 7078.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: Homestead
  • Unit Style: 1st Floor Entry,Multi-level Floor Plan
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Stone Counters, Double Vanity, Eat-in Kitchen, Recessed Lighting, Smart Thermostat, Soaking Tub, Walk-In Closet(s)
  • View: City
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Accessibility Features: Common Area, Accessible Full Bath, Accessible Hallway(s), Hand Rails, Accessible Kitchen
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Range, Microwave, Oven, RNGHD, Refrigerator, Vented Exhaust Fan
  • Main Level Bedrooms: 1
  • Property Condition: New Construction, Excellent
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Vinyl Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Upper Level
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 3
  • Num Guest Beds: 1

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Electric Car Plug-in, Lighting
  • Roof: Metal
  • Builder Name: NeerG Inc And MJC Group
  • Foundation: Slab
  • Patio And Porch Features: Covered, Rear Porch, Side Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 3

Utilities

  • Sewer: None
  • Utilities: Electricity Connected, High Speed Internet, Phone Available, Sewer Connected, Water Connected
  • Heating: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace Insert, Heat Pump, Zoned
  • Water Source: None
  • Cooling: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Zoned

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Sims
  • High School: Eastside Early College
  • Middle/Junior School: Garcia
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: City Lot, Corner Lot, Front Yard, Landscaped, Xeriscape
  • Parcel Number: 202417
  • Lot Size Acres: 0.1706
  • Lot Size Sq Ft: 7431.34
  • Subdivision Name: Smith Dollie

Building Info

  • Construction Materials: Cedar, HardiPlank Type, Spray Foam Insulation
  • New Construction: Yes

Tax Info

  • Tax Block: 1
  • Tax Year: 2023
  • Tax Annual Amount: 7078.17
  • Tax Map Number: 3
  • Tax Filled Sqft Total: 1488
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
Doyle Samuel
Bought by
Neerg Inc and Mjc Group Llc
Current Estimated Value
$1,026,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.02%
Mortgage Type
Construction
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
Neerg Inc -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mjc Group Llc $120,000
Closed Neerg Inc $1,100,000
Previous Owner Smith Robert C $59,200
Previous Owner Smith Robert Curtis $45,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold -- -- --
06/02/2024 06/02/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $1,199,900 -- $530 / 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 $24,479 $391,222 $300,000 $91,222
2022 $9,368 $474,364 $300,000 $174,364
2021 $6,579 $302,242 $175,000 $127,242
2020 $5,764 $268,720 $175,000 $93,720
2018 $4,423 $199,773 $175,000 $63,052
2017 $4,050 $181,612 $150,000 $126,824
2016 $3,682 $165,102 $100,000 $135,279
2015 $554 $150,093 $75,000 $155,932
2014 $554 $136,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4391014

Unlock MLS (Austin Board of REALTORS®)

APN: 202417