ActiveMLS# 3527262
$2,800,000
2 Acres · Lot/Land · $1,400,000/acre
1705 E M. Franklin Ave
Austin, TX 78721 (Travis County)

About this property

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 details

Property TypeLot/Land
Acreage2 acres
StatusActive
Days on Market13 days
ListedJuly 23, 2026
CountyTravis
ZIP Code78721
Price per Acre$1,400,000/acre
SubdivisionRosewood
ViewCity, Trees/Woods
MLS Number3527262
Listed BySayers Real Estate Advisors

Location

Area & Lifestyle

About the Area

1705 E M. Franklin Ave is located in Austin, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.

The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.

Austin had an estimated population of 967,862 as of 2023. The 78721 zip code has a median household income of $103,285, a median home value of $503,400, and a median age of 34.1. The average household size is 2.37 people.

Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.

Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).

Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Sayers Real Estate Advisors.

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Barron Johnson
Broker Associate · Spyglass Realty