15 days on rocket

612 Franklin Blvd, Austin, TX, 78751

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,496 SqFt
$360/SqFt
Multi
Schools Nearby

Location

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612 Franklin Blvd, Austin$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Year Built1967
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Zoned
WaterfrontNone
FireplaceNone
ViewCity Lights, Neighborhood
MLS #5439703
Lot Size0.18 Acres
StatusActive

About 612 Franklin Blvd

Great location- Amazing opportunity to be part of a Triplex boutique residence community in the heart of Austin. There is a high occupancy rate for these units due to the desirable area. Total monthly rent potential of ~$5000. Several upgrades- Brand new roof over entire property installed in 2024. Unit A has been completely remodeled and kept vacant for showing, this includes new windows and new HVAC system. Washer/dryer in each unit for convenience. This is a fabulous opportunity for an owner/occupied investment too. Your residents will enjoy being minutes away from The Triangle, Central Market, Downtown for entertainment, fine dining, coffee houses, Austin fun hotspots as well as major roads and nearby parks. Inside these beautiful units there are wood floors, high ceilings with lots of natural light, modern kitchen with gas stove, refrigerator, dishwasher, microwave and recent countertops. Lots of storage under the stairwell and in the bedroom closets. The bathroom has tile floors and tub/shower combination with recent faucets & light fixtures. The tenants will enjoy the open concept of the kitchen opening to the spacious living/dining area. Your residents can also enjoy the tree shaded, garden- like setting in the front courtyard. Plenty of parking in the front & walking distance to so many enjoyable places. This is a wonderful investment property. Unit A is on lockbox and can be shown any time until dark while Units B and C can be shown with accepted offer from the buyers. Don't miss this chance to own your own piece of Austin with its charm and desirable location.

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Stories: 2
  • Living Area: 2,496 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (512) 343-7500
  • Listing Agent: Sheri Brummett

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Ceiling Fan(s), Interior Steps, Quartz Counters
  • Fireplace: None

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: City Lights, Neighborhood
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Back Yard, Trees, Near Public Transit, Many Trees
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Zoned

School Info

Assigned Schools Information:

  • McCallum High School, Public District Grades 9-12
  • Lamar Middle School, Public District Grades 6-8
  • Reilly Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From West Koenig & Lamar go south on Lamar and turn left (at Lambs Auto) on Franklin Blvd. The units at 612 Franklin are on the left side of the street. No sign right now.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $360/SqFt

Tax Information:

  • Annual Amount: $11,158
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

612 Franklin Blvd vs Austin

15 DAYS ON ROCKET

-31 Days

$899,000

+$330.6K More

$360/SqFt

+$49 More

KEY TAKEAWAY

This property is $330.6K more than the Median Sold Price and $49/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #5439703

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (512) 343-7500
  • Listing Agent: Sheri Brummett

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/13/2024, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,158$501,116
2019$10,748$501,116
2018$7,536$449,000
2017$9,376$340,400

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-195700
4
/10

  • Reilly Elementary School

  • 405 Denson Dr

  • 0.62 miles

  • Public District Grades PK-5

Middle School

school-card-donut-195701
6
/10

  • Lamar Middle School

  • 6201 Wynona Ave

  • 1.41 miles

  • Public District Grades 6-8

High School

school-card-donut-195702
6
/10

  • McCallum High School

  • 5600 Sunshine Dr

  • 0.43 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,022. Typical income of Austin, TX residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Travis County›Austin›78751›612 Franklin Blvd

This home is located at 612 Franklin Blvd in Austin, TX and zip code 78751 in the North Loop neighborhood. This 2,496 square foot home, which was built in 1967, sits on a 0.18 acre lot. It has been listed on Rocket Homes since April 28, 2024 and is currently priced at $899,000.

Austin, TX housing market in April 2024 saw over 195 listings sold above listed price, more than 158 sold at listed price and over 571 sold below. Between March 2024 and April 2024, Austin, TX real estate market has seen increase in the number of listings by 18.7%. While the average time on the market in April 2024 was 46 days, the median list price was $568,336.

From Rocket Homes Real Estate and based on county public records data.

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