Check Availability

1313 East M Franklin Avenue

1313 East M Franklin Avenue, Austin, TX 78721
House in MLK
Sold Nov 02, 2017
$280,400
$215,500 by United Wholesale Mortgage
Mortgage Due Jan 01, 2051
Sold Jul 05, 2000
$70,800
$69,900 by Jefferson Heritage Mtg Company
Mortgage Due Jul 01, 2030
1313 East M Franklin Avenue has been categorized by the local assessors in Austin, TX as a residential type of property. The building on the property was first built in 2000 and is 24 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1313 East M Franklin Avenue has 1,020 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,600 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 12,981 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of metal. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1313 East M Franklin Avenue sold most recently in Nov 1, 2017 for a total of $280,400. If you work out the math, that's approximately a cost of $274.90 per sqft. Before that, the property was also sold for $70,800 in Jun 30, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,721 in taxes each year. 1313 East M Franklin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $478,977. If we break it down further, the land itself was valued at $345,000. Improvements to the property, however, were assessed at a total of $133,977. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,981
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,020
  • Gross Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIVISION B
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 50 X 259.9FT AV OLT 22 DIVISION B

Ownership

  • Current Owner : BACON ELEANORE F
  • Previous Owner : PALACIOS ESPERANZA
  • Owner Before Previous Owner: AMERICAN INSTITUTE FOR LEARNING

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002109

Geography

  • Assessors Map Reference: 0211170236
  • Account Number: 202449
  • Parcel: 202449
  • Lot: 1
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2797
  • Longitude: -97.6947

    Address

  • Full Address: 1313 E M Franklin Ave
  • Address - House Number: 1313
  • Street Direction: E
  • Address - Street Name: M Franklin
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Austin
  • Carrier Code: C039
  • 4-Digit Zip Code: 1125
  • Zip Code: 78721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,721
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2728
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 60
  • Final Value: 480,263
  • High Value: 611,316
  • Low Value: 349,210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $215,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $478,977
  • Market Land Value: $345,000
  • Market Improvement Value: $133,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,977
  • Assessed Land Value: $345,000
  • Assessed Improvements Value: $133,977

    Sales

  • Current Sale Contract Date: Nov 01, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Transaction ID: 11303635894
  • Current Sale Price: $280,400
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2017175340
  • Previous Sale Recording Date: Jul 05, 2000
  • Previous Sale Contract Date: Jun 30, 2000
  • Previous Sale Amount: $70,800
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SFMC LP
  • First Mortgage Transaction Date: Nov 02, 2017
  • First Mortgage Loan Amount: $224,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: JEFFERSON HERITAGE MTG COMPANY
  • Previous Mortgage Transaction Date: Jul 05, 2000
  • Previous Mortgage Loan Amount: $69,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2030

About East MLK



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1005 Mansell Ave, Austin, TX, 78702

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 849 ft²
1005 Mansell Ave #A, Austin, TX, 78702 Listing by RH Advisors TX
Unit for rent at 3006 Neal St, Austin, TX, 78702

$3,300 /mo

  • 4 Beds
  • 3 Baths
  • 1,975 ft²
3006 Neal St, Austin, TX, 78702 Listing by RH Advisors TX
Unit for rent at 910 Brass St, Austin, TX, 78702

$3,300 /mo

  • 2 Beds
  • 3 Baths
  • 966 ft²
910 Brass St #2, Austin, TX, 78702 Listing by RH Advisors TX
Unit for rent at 1130 Lott Ave, Austin, TX, 78721

$3,400 /mo

  • 3 Beds
  • 3 Baths
  • 1,700 ft²
1130 Lott Ave #A, Austin, TX, 78721 Listing by RH Advisors TX
Unit for rent at 3103 E 13th St, Austin, TX, 78702

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 2,054 ft²
3103 E 13th St, Austin, TX, 78702 Listing by RH Advisors TX
Unit for rent at 4700 Tanney St, Austin, TX, 78721

$2,995 /mo

  • 4 Beds
  • 3 Baths
  • 1,646 ft²
4700 Tanney St, Austin, TX, 78721 Listing by RH Advisors TX
Unit for rent at 4718 Depew Ave, Austin, TX, 78751

$3,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,856 ft²
4718 Depew Ave #A, Austin, TX, 78751 Listing by RH Advisors TX

Frequently Asked Questions

What neighborhood is 1313 East M Franklin Avenue located in?
The 1313 East M Franklin Avenue is a house located in the neighborhood of MLK in East MLK, Austin.
What is the average sales price for listings in 1313 East M Franklin Avenue?
The average sales price for units in 1313 East M Franklin Avenue is $0 currently.

Quantcast