
Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1705 E M. Franklin Ave ("the Property"), a 2 acre infill residential development opportunity in Austin, Texas. The Property presents a prime east Austin location less than half a mile from the award-winning Mueller Master Community and easy access to Downtown Austin via E Martin Luther King Jr. Blvd. Additionally, the Property offers dual street frontage with access on both Deloney Street and E M Franklin Ave.
Zoned MF-2-NP, the Property is fully entitled supporting a range of residential development types. Conceptual yield studies indicate the potential for a 35-unit townhome and stacked flat configuration totaling 51,695 square feet of habitable area.
Property Type
Land
Lot Size
2.00 acres
Listed by Sayers Real Estate Advisors
Property Details
Lot Features
Waterfront
Verified property facts
1705 E M. Franklin Ave is listed at $2,800,000 with 0 bedrooms, 2.00-acre lot. This places it above the 78721 median of $457,500.
1705 E M. Franklin Ave is zoned for Austin ISD with assigned schools: Norman-Sims (elementary), Martin (middle), Northeast Early College (high). School assignments should be verified directly with the district.
1705 E M. Franklin Ave is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($560,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1705 E M. Franklin Ave is around $19,662 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-1.3% | — | $358,355 | $79,000 | $279,355 |
2025 | — | $363,047 | $79,000 | $284,047 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($560K)
$2,800,000
Luxury property intelligence
A sourced read on Rosewood pricing, timing, and property scale. No automated valuation claim.
List price
$2,800,000
Price per sqft
Not available
Vs. Rosewood median
Not available
Days on market
2 days
Original to current
No verified reduction
$2.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $2,800,000, 1705 E M. Franklin Ave is in the Rosewood market where there are currently 77 active listings in 78721. The Keenan Group has completed 5 transactions in 78721 as part of 1,000+ career sales totaling $1B+ across Austin.
1705 E M. Franklin Ave includes verified waterfront access: Creek. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1705 E M. Franklin Ave sits on a 2.00-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-1.3% | — | $358,355 | $79,000 | $279,355 |
2025 | — | $363,047 | $79,000 | $284,047 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Recent sales for market context