1300 E M Franklin Ave, Austin TX 78721

Off Market

Exterior Front : This is the most unique property on the market in E. Austin. Has possibilty to generate over 2k a mo. rents. Cottages rented until end of August. Home rented until end of July.

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Ed's Opinion of Value

$485,776 Ed's Estimate: $591,446 $752,329

Lowest Comp Recommended List: $287,000 to $297,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $591,446. If we were to list this property today, I'd recommend a list price in the $287,000 to $297,000 range. Buyers shopping in DIVISION right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.58 acres versus 0.10 for the typical comp. There are currently 7 similar homes on the market in DIVISION, ranging from $265,000 to $750,000. The 6 month price trend in DIVISION: risen 48.9%. The best comp here is 1909 E 14th ST, Austin TX 78702 at an adjusted value of $752,329, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

DIVISION Market Trends

$895,000 Median Sold Price ▲ 48.9% 6mo

$585/sqft Median $/SqFt ▲ 11.9% 6mo

73 days Avg Days on Market 38 days faster

16 homes Active Inventory 6.4 mo supply

93.3% Sale-to-List Ratio

15 Sales (6 months)

Recently Sold Comparables

$752,329 adjusted 1909 E 14th ST, Austin TX 78702 2bd / 1.0ba • 916 sqft • 1.5 mi Sold 5 months ago

$561,344 adjusted 1210 Coleto ST, Austin TX 78702 2bd / 1.0ba • 799 sqft • 1.3 mi Sold 4 months ago

$672,071 adjusted 2308 Canterbury ST, Austin TX 78702 2bd / 1.0ba • 872 sqft • 2.3 mi Sold 12 months ago

$485,776 adjusted 2108 E 12th ST, Austin TX 78702 2bd / 1.0ba • 576 sqft • 1.4 mi Sold 10 months ago

$570,167 adjusted 2312 Canterbury St #B, Austin TX 78702 2bd / 3.0ba • 923 sqft • 2.3 mi Sold 10 months ago

Currently on Market

$750,000 3512 Gonzales ST, Austin TX 78702 2bd / 1.0ba • 868 sqft • 1.5 mi 13 days on market

$649,999 1144 Mason Ave, Austin TX 78721 3bd / 1.0ba • 888 sqft • 0.7 mi 630 days on market

$525,000 935 Olive ST, Austin TX 78702 2bd / 1.0ba • 832 sqft • 2.1 mi 2 days on market

2 Beds

1 Baths 2 Full

924 Sq Ft

0.58 Acres

1950 Built

About This Property

Very unique E. Austin urban oasis with 3+ total dwellings. All currently rented. 2/1 home with hardwoods and metal roof + 2 cabins that share communal bath/laundry. Always rented. 2 miles downtown, 3/4 mile to new Mueller dev.Guest Accommodations: Yes Restrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Sims

Middle School Bertha Sadler Means

High School Reagan

Property Details

Property Type Residential Lease

Flooring Wood

Cooling Wall/Window Unit(s)

Heating Natural Gas, Wall Furnace

Exterior None

County Travis

MLS # 5124426

Listing History

MLS# 5124426 15 days

Apr 19, 2008	Off Market
Apr 10, 2008	Pending
Mar 26, 2008	Listed	$1,050

MLS# 9784581

May 26, 2006	Off Market
Apr 14, 2006	Pending
Apr 14, 2006	Listed	$249,500

MLS# 624202 35 days

Mar 18, 2002	Off Market
Feb 21, 2002	Pending
Jan 17, 2002	Listed	$22,000

Frequently Asked Questions About 1300 E M Franklin Ave, Austin TX 78721

When was 1300 E M Franklin Ave, Austin TX 78721 built?

1300 E M Franklin Ave, Austin TX 78721 was built in 1950.

How much does 1300 E M Franklin Ave, Austin TX 78721 cost?

1300 E M Franklin Ave, Austin TX 78721 sold on April 19, 2008. Contact us for sale price details.

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