#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Build Your Dream Vision in the Heart of East AustinDiscover the ultimate architectural canvas at 1196 E.M. Franklin Ave, a premier residential lot situated in Austin’s vibrant and rapidly evolving 78721 zip code. Offering a generous 0.123-acre footprint (approx. 5,357 sqft), this property represents a rare opportunity to secure a foothold in one of Austin's most sought-after urban neighborhoods. This blank slate features a beautifully flat topography surrounded by mature, medium-sized trees, providing the perfect blend of natural Eastside soul and modern urban convenience.Bring your favorite builder and architect to design a custom single-family home or a lucrative modern investment property. Positioned on a quiet, low-traffic pocket of the street, you are just minutes away from downtown Austin, the Mueller development, and the city’s favorite local coffee shops, dining, and nightlife hubs. Utilities are located nearby at the street. Don't miss this opportunity to claim your piece of the East Austin skyline!
Property & Development HighlightsLot Size: 0.123 Acres / 5,357 SqFt Zoning & Potential: Ideal footprint for a high-end single-family build. Natural Features: Flat, buildable terrain with beautiful established tree coverage. Location Perks: Minutes to Downtown Austin, UT Austin, and the Eastside’s best culinary hotspots. School District: Feeds into highly accessible Austin ISD campuses.
Property Type
Land
Lot Size
0.10 acres
Listed by Compass RE Texas, LLC
Property Details
Lot Features
Waterfront
Verified property facts
1196 EM Franklin Ave is zoned for Austin ISD with assigned schools: Norman-Sims (elementary), Kealing (middle), Northeast Early College (high). School assignments should be verified directly with the district.
1196 EM Franklin Ave is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1196 EM Franklin Ave is $2,814. 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.
With 20% down ($44,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1196 EM Franklin Ave is around $1,376 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 1196 EM Franklin Ave, 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% ($44K)
$220,000
Luxury property intelligence
A sourced read on 1196 Em Franklin Ave Condos pricing, timing, and property scale. No automated valuation claim.
List price
$220,000
Price per sqft
Not available
Vs. 1196 Em Franklin Ave Condos median
Not available
Days on market
8 days
Original to current
No verified reduction
$220K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 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
At $220,000, 1196 EM Franklin Ave is in the 1196 Em Franklin Ave Condos market where there are currently 74 active listings in 78721. The Keenan Group has completed 5 transactions in 78721 as part of 1,000+ career sales totaling $1B+ across Austin.
1196 EM Franklin Ave includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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
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.
Best Match
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Recent sales for market context
