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$590,000

NAL Estimated Property Value

1909 E M Franklin Ave, Austin, TX, 78723

SoldInfo
7/31/26
Beds3 Beds
Baths3 Bath
Baths1,521 Sq Ft
price_per_sqft$378.04 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher Dryer Stacked, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances
FlooringConcrete, Wood

Exterior

Exterior FeaturesExterior Steps, Private Yard, Rain Gutters
Lot Size4,779 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces1

Land Information

APN0213170401
Lot Number1A
SubdivisionE M Franklin Subd 2nd Resub
Land Use1 Family Dwelling
Legal DescriptionLOT 1A BLK B E M FRANKLIN SUBD 2ND RESUB
Census Tract002107
Assessed Land Value$205,334
Assessed Improvement Value$369,666
Assessment Year2025

About this property

This home puts you right where you want to be! Walkable to Mueller and minutes from some of East Austin's favorite spots like Mercado Sin Nombre, Nixta, and so much more! Grab coffee at Palomino, spend your Sundays at the Mueller farmers market, catch a movie at Alamo Drafthouse, or hop on the nearby protected bike lanes and cruise over without ever dealing with traffic! The home itself feels open, airy, and easy to live in. Vaulted ceilings both upstairs and down create a sense of space that you don't often find, while natural light carries throughout. As a corner unit, you get something extra. Views of trees instead of neighboring walls, giving the home a more private and peaceful feel. Outside, you'll find your own yard and a backyard deck that extends your living space, perfect for relaxing, hosting, or just enjoying a quiet evening. Solar panels add efficiency and help keep utility costs low, low! Making the home as practical as it is comfortable.

Investor Tools

Property Icon
$590,000
Estimated Property Value
$337,368Estimated Mortgage Balance
$253,679Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$575,000
2025
$205,334
$369,666
$575,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$575,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$345,000
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,368
$282,632
45%
57%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,644/mo
$-556/mo
4.2%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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