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1196 E M Franklin Ave Unit #2
Austin, TX, 78721
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$154,900
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— bed, — bath on 0.12 acres in 1196 Em Franklin Avenue Condos. Austin, TX 78721. $154,900. Austin ISD.
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.
Verified property facts
1196 E M Franklin Ave Unit #2 is listed at $154,900 with 0 bedrooms, 0.12-acre lot.
1196 E M Franklin Ave Unit #2 is zoned for Austin ISD with assigned schools: Norman-Sims (elementary), Martin (middle), Northeast Early College (high). School assignments should be verified directly with the district.
1196 E M Franklin Ave Unit #2 is in 1196 Em Franklin Avenue Condos, Austin, Texas.
1196 E M Franklin Ave Unit #2 is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
The most recent annual property tax for 1196 E M Franklin Ave Unit #2 is $2,488. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 1196 E M Franklin Ave Unit #2, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $137,500 | $137,500 | — |
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.
20% ($31K)
Adjustable assumption - not a lending recommendation.
$154,900
Luxury property intelligence
A sourced read on 1196 Em Franklin Avenue Condos 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 Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 1196 E M Franklin Ave Unit #2. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 1196 E M Franklin Ave Unit #2 is offered at $154,900. The current MLS snapshot shows 61 active listings in 78721. Keenan Group has completed 5 verified transactions in 78721 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$154,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $137,500 | $137,500 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 1205 Cometa St | $208K |
| 4712 Oak Cliff DR | $85K |
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