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$671,963

NAL Estimated Property Value

1409 E M Franklin Ave B, Austin, TX, 78721

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths4 Bath
Baths1,940 Sq Ft
price_per_sqft$1.7 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Range, Microwave, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesBalcony, Private Entrance, Private Yard
Lot Size3,764 sqft

Building Information

Year Built2020
Stories3
Roof Type112

Land Information

APN02111720030000
Subdivision1409 E M Franklin Condominiums
Land UseResidential
Legal Description1409 E M FRANKLIN CONDOMINIUMS UNT B 50%INT IN COMMON AREA
Census Tract002109
Assessed Land Value$125,000
Assessed Improvement Value$546,963
Assessment Year2025

About this property

Modern luxury meets effortless East Austin living in this stylish 3-bedroom, 3.5-bath lease home. Thoughtfully finished with imported materials from Europe and Eastern Europe—including custom cabinetry, premium wood and tile flooring, sleek doors, and contemporary kitchen surfaces—this property brings a level of refinement rarely found in a leased residence. The spacious main living area features a gas fireplace and an open layout that flows seamlessly into the modern kitchen with a large center island, gas stove, and excellent storage. Oversized windows fill the space with natural light, highlighting the home’s clean, modern aesthetic. Upstairs features two well-appointed bedrooms with en-suite baths, plus a third bedroom/loft with a full bath—perfect for a home office, studio, or guest suite. (Loft bedroom does not include a closet.) With no carpet anywhere, the home is both beautiful and easy to maintain. Enjoy outdoor living with a private garden/yard and terrace, plus two covered parking spaces. Located in the heart of East Austin with quick access to Downtown, local dining, and the vibrant east side lifestyle. Furniture is negotiable. Available for immediate move-in.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,306
$671,963
2025
$125,000
$546,963
$671,963
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,306
$671,963

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$671,963
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
3.7%

City: Austin

1409 E M Franklin Ave B | Property Details | No Agent List