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Keenan Group#1 Austin Board of Realtors Team 2024
1705 E M. Franklin Ave, photo 1 of 7, Austin, Austin, TX
Active

$2,800,000

2.00 acresLot

1705 E M. Franklin Ave, Austin, TX 78721

Austin·MLS# 3527262·84 days on market

— bed, — bath on 2.00 acres in Austin. Austin, TX 78721. $2,800,000. Austin ISD.

About This Home

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

Listing information last updated July 23, 2026.

Listed by Sayers Real Estate Advisors

MLS# 3527262 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 2.00-acre lot
Near Golf Course
Many Trees
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
Zoned MF-2-NP, the Property is fully entitled supporting a range of residential development types

Facts & Features

Exterior & Lot

Lot Features

  • Near Golf Course
  • Many Trees
Lot Size
2.00 Acres

Waterfront

  • Creek
Financial
Original List Price
$2,800,000
Utilities
  • Electricity Available
  • Sewer Available
  • Water Available
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 1705 E M. Franklin Ave, whoever represented it.

  1. ActiveListed 2026
    Current price: $2,800,000Original list: $2,800,000MLS 3527262
    1. Listed · July 23, 2026$2,800,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$2,800,000
Original list
$2,800,000
Price movement
No verified reduction
Listed / DOM
Jul 23, 2026 · 84 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$363,047
Assessment Year
2025
Year Built
2007
Parcel ID
R-16-3486-000A-0087
$363K
$358K
$363,047
2025
$358,355
-1.3% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026-1.3%
—$358,355$79,000$279,355
2025
—$363,047$79,000$284,047
5-Year Change-1.3%
Map showing 1705 E M. Franklin Ave
1705 E M. Franklin Ave
Directions

Zoned Schools

Austin ISD →

1 High School1 Middle School1 Elementary School

Northeast Early College

High SchoolGrades 9-12Zoned assignment

Martin

Middle SchoolGrades 6-8Zoned assignment

Norman-Sims

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$15,509

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($560K)

Adjustable assumption - not a lending recommendation.

$2,800,000

Loan: $2.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$2,800,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

84 days

Original to current

No verified reduction

$2.8M original

Active inventory context

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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.

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Frequently Asked Questions

How much is 1705 E M. Franklin Ave?

1705 E M. Franklin Ave is listed at $2,800,000 with 0 bedrooms, 2.00-acre lot. This places it above the ZIP 78721 single-family closed-sale median price of $450,000 (ZIP 78721 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

What school district is 1705 E M. Franklin Ave in?

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.

How should a buyer estimate the monthly payment for 1705 E M. Franklin Ave?

This page does not assume a mortgage rate or publish a monthly payment for 1705 E M. Franklin Ave. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1705 E M. Franklin Ave compare with other homes in Austin?

As of Oct 15, 2026, 1705 E M. Franklin Ave is offered at $2,800,000. The current MLS snapshot shows 62 active listings in 78721. Keenan Group has completed 5 verified transactions in 78721 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 1705 E M. Franklin Ave?

The MLS listing marks 1705 E M. Franklin Ave as waterfront. The reported waterfront feature is Creek. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Austin

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

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Last updated: 10/15/2026, 10:07:01 AM

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