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$154,900
last listed1196 E M Franklin Ave Unit #2, Austin, TX 78721
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— bed, — bath on 0.12 acres in Austin. Austin, TX 78721. Last listed at $154,900, sold March 14, 2025. Austin ISD.
About This Home
Experience unmatched value with our exclusive Byrne Buyer Guarantee and tailored Buyer Mortgage Incentives partnerships! From saving thousands on closing costs to securing the best rates and a guarantee that ensures your satisfaction, we’re redefining what it means to buy with confidence. Call for Details! Discover a unique opportunity to invest in one of East Austin’s most desirable areas with this residential lot at 1196 E M Franklin Avenue. This prime piece of real estate offers endless possibilities for developers, builders, and visionaries looking to capitalize on the booming Austin market. Spanning a generous 5,369 Sq Ft, this lot provides the perfect canvas for creating your dream home or a profitable development project. With its ideal location just minutes from downtown Austin, this lot combines the tranquility of a residential neighborhood with the convenience of urban living. As required by the city, water service has been upgraded for two separate meters, leaving the new owner to only install their specific meter for use. The city allows for up to 2300 SF dwelling to be built. Don’t miss this rare chance to secure a piece of East Austin’s future. Whether you're a seasoned investor or looking to start your real estate journey, this residential lot is an opportunity you won’t want to pass up. Buyer to verify all MLS information. Do you have a house to sell? Call today to learn more about our tiered marketing programs.
- Property Type
- Land
- Lot Size
- 0.12 acres
Listing information last updated March 14, 2025.
Listed by Keller Williams Realty
MLS# 2627719 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Exterior & Lot
- Level
- Lot Size
- 0.12 Acres
Financial
- Original List Price
- $199,000
Utilities
- Electricity Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1196 E M Franklin Ave Unit #2, whoever represented it.
- SoldMarch 14, 2025Listed at: $199,000MLS 2627719
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $154,900
- Original list
- $199,000
- Price movement
- $44.1K reduction
- Listed / DOM
- Sep 3, 2024
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $137,500
- Assessment Year
- 2025
- Parcel ID
- 000000955340
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $137,500 | $137,500 | — |
Zoned Schools
Northeast Early College
Martin
Norman-Sims
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($31K)
Adjustable assumption - not a lending recommendation.
Home price
$154,900
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$154,900
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$44.1K reduction
$199K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
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