$750,000
NEW CONSTRUCTION $49K PRICE DROP

1713 E M Franklin Ave Unit 1 Austin, TX 78721

East MLK Neighborhood

Estimated payment $4,731/month

Total Views 1,276
4 Beds
2.5 Baths
2,110 Sq Ft
$355 Price per Sq Ft

Highlights

  • New Construction
  • Wood Flooring
  • Corner Lot
  • Open Floorplan
  • Main Floor Primary Bedroom
  • High Ceiling

About This Home

Discover a perfect blend of serenity and investment potential with this stunning newly built home by Cobalt Companies. Located in a private enclave of six homes, this property offers both the comfort of a peaceful retreat and the excitement of being just minutes away from the vibrant attractions of Mueller, MLK, and Manor Rd. Whether you're seeking a personal sanctuary or a profitable short-term rental (STR), this home provides it all. Featuring a beautifully landscaped yard and a second-story patio, you'll be drawn in by the great outdoor living spaces—imagine afternoons soaking up the sun or evenings spent under the stars. The third-level flex space, bathed in natural light, offers endless possibilities as a cozy retreat, entertainment hub, or tranquil sanctuary. This home is currently a successful STR, generating consistent rental income. Plus, for a seamless move-in experience, furniture can be included for $829,000, making it ready to continue as a thriving rental or become your dream home. Built with expert craftsmanship and high-end finishes, this property is backed by a 1-2-6 StrucSure Home Warranty, ensuring your investment is protected for years to come. Come experience the charm, quality, and potential of this exceptional home. Schedule a private tour today and discover the possibilities waiting for you!

Last Listed By

Sandra Bennett

Compass RE Texas, LLC Brokerage Phone: (512) 484-0955 License #0569178 Listed on: 04/11/2025

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • South Facing Home
  • Front Yard Fenced
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Single Garage Door
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Spray Foam Insulation
  • Shingle Roof
  • Metal Roof
  • Vertical Siding
  • HardiePlank Type

Interior Spaces

  • 2,110 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Aluminum Window Frames
  • Multiple Living Areas
  • Storage
  • Stacked Washer and Dryer Hookup
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1713 E M Franklin Ave #1 Austin, Tx 78721

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, ground maintenance
  • E M Franklin HOA
  • Built by Cobalt Companies
  • E M Franklin Sub Subdivision

Amenities

  • Common Area
  • Community Mailbox

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Head East on MLK Blvd from I-35. Turn Right onto E M Franklin Ave. Property is first home on the left.
  • Disclosures: None
  • Fencing: Front Yard, Privacy, Wood
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Three Or More
  • Living Area: 2110
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 484-0955
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12591.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Special Features: 4099

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Quartz Counters, Crown Molding, Double Vanity, High Speed Internet, Interior Steps, Kitchen Island, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Home, Stackable W/D Connections, Storage, Walk-In Closet(s)
  • View: Neighborhood
  • Flooring: Concrete, Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Exhaust Fan, Microwave, Free-Standing Gas Oven, Tankless Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: New Construction
  • Security Features: Security System, Security System Owned
  • Window Features: Aluminum Frames, Double Pane Windows
  • Laundry Location: Inside,Laundry Closet
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 3

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Lighting, Private Yard
  • Roof: Metal, Shingle
  • Builder Name: Cobalt Companies
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached, Door-Single, Garage Faces Front, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Natural Gas
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Maintenance Grounds
  • Association Fee Frequency: See Remarks

Association/Amenities

  • Association Name: E M Franklin HOA
  • Association: Yes
  • Community Features: Cluster Mailbox, Common Grounds, Curbs

Schools

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

Lot Info

  • Lot Features: Corner Lot, Curbs, Front Yard, Landscaped, Level, Private, Sprinkler - Automatic
  • Parcel Number: 1713 E M Franklin Ave #1 Austin, Tx 78721
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Subdivision Name: E M Franklin Sub

Building Info

  • Construction Materials: Brick, HardiPlank Type, Spray Foam Insulation, Vertical Siding
  • New Construction: Yes

Tax Info

  • Tax Year: 2024
  • Tax Map Number: 1
  • Tax Rate: 1.98900000000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $750,000 -3.2% $355 / Sq Ft
06/03/2025 06/03/25 For Sale $774,900 0.0% $367 / Sq Ft
05/30/2025 05/30/25 Off Market -- -- --
05/18/2025 05/18/25 Price Changed $774,900 -3.0% $367 / Sq Ft
05/12/2025 05/12/25 For Sale $799,000 0.0% $379 / Sq Ft
05/09/2025 05/09/25 Off Market -- -- --
05/05/2025 05/05/25 For Sale $799,000 0.0% $379 / Sq Ft
04/30/2025 04/30/25 Off Market -- -- --
04/28/2025 04/28/25 For Sale $799,000 0.0% $379 / Sq Ft
04/25/2025 04/25/25 Off Market -- -- --
04/20/2025 04/20/25 For Sale $799,000 0.0% $379 / Sq Ft
04/17/2025 04/17/25 Off Market -- -- --
04/11/2025 04/11/25 For Sale $799,000 -- $379 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3689429

Unlock MLS (Austin Board of REALTORS®)