Property Profile
Address: 1209 E. M. Franklin
- Main house – 2720 sq ft 4 beds / 3.5 bath with 2 car garage (private listing)
- Second home traditional ADU – 1100 sq ft 2 beds / 2 bath (off market)
- Accessory unit – 1 bed / 1 bath with living/office room. No kitchen. (private listing w/ Unit 1)
- Rough estimate pricing:
- $1.2 – 1.4 M for Unit 1 and 3
- $850k – $900K for Unit 2 and 3
- $1.7 – $2M for all 3 units
Unit 1 - Main Home
Unit 1 is designed by Making Modern Home and is notably above the others in design aesthetic. There is a primary on main with large kitchen and great room, small butler pantry or office and nice outdoor space. Upstairs is second living room plus the other bedrooms and a patio. Mostly green views from all windows.
Unit 2 - ADU
Unit 2 designed by the builder/ developer. Definitely more builder grade but well laid out and great use of the space.
Unit 3 - Casita
Unit 3 designed by the builder/ developer. Definitely more builder grade but well laid out and great use of the space. Would easily accomodate a great working space with an office in the bedroom and the living room serving as a lounge / waiting area. No kitchen but developer says a kitchenette could likely be added.
Reason for Consideration
- Three properties on one lot – main house, ADU, and accessory. Three different configurations for choosing.
- About 20 minutes to Downtown Austin, East 6 Bars, Zilker and Austin Airport
East Austin is popular but still feels remote
HUGE lot with an acre of mostly green. Protected view as nothing can be built behind the home.
Drawbacks
ADU and casita finishes are “builder grade”
Neighboring property is awful am no guarantee it will change anytime soon. However, new zoning rules in Austin make it even more attractive to investors and it’s one of the last OG lots
Area is up and coming with some less than attractive neighborhood lots though none as bad as the one directly next door. This is Austin!
We don’t just buy and sell homes. We build community by helping clients find their place in the world.
Timothy Powles and Adam Stanley work together on the Adam Timothy Group at Compass RA and manage AT Real Estate Group LLC, a rental and vacation property investment business. We are about building community. We believe a real estate transaction is an important and extremely significant event but relationships last a lifetime. Our clients, partners, and friends trust us to get to know their story and what is most important to them. And we work tirelessly to retain that trust.
INFORMATION ABOUT BROKERAGE SERVICES
INFORMATION ABOUT BROKERAGE SERVICES
