This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
$195,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/10
Property Description
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.
Full Property Details
Full Property Details for 1196 E M. Franklin Ave
General
- Price: $195,000
- Taxes: $2,813 (2026)
- Status: Active
- Type: Lots/Land
- Source: Austin_MLS
- MLS ID: 4631001
- Updated: 9/28/2026
- Added to Site: 73 day(s) ago
Additional Information
- Shared Amenities: None
Location
- Area: 3
- County: Travis
- Subdivision: 1196 Em Franklin Ave Condos
- Driving Directions: from I-35 exit 12th st and head east on 12th, turn right on EM Franklin Ave, property is on the right.
School Information
- Elem School District: Austin ISD
- Midd School District: Austin ISD
- High School District: Austin ISD
- Elementary School: Norman-Sims
- Middle School: Kealing
- High School: Northeast Early College
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
Additional Structures
- Other Structures: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1016
- Lot Size (Sq. Ft.): 4,425.7
- Lot Features: Gentle Sloping, Private
Financial Considerations
- Assessment Amount: $137,500
- Tax Amount: $2,813.92
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: 1196 E M FRANKLIN AVENUE CONDOMINUMS UNT 2 50%INT IN COMMON AREA
- Disclosures/Reports: None
- Property ID: 2091614030000
- Lot Number: 2
Listed by Compass RE Texas, LLC
Get Pre-Approved Today
Schools
Schools serving 1196 E M. Franklin Ave
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Norman Elementary School 4001 Tannehill Lane, Austin, TX 78721 | PK-5 | 1.3 mi |
Martin Middle School, Austin, TX 1601 Haskell Street, Austin, TX 78702 | 6-8 | 2.7 mi |
Northeast Early College High School 7104 Berkman Drive, Austin, TX 78752 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1196 E M. Franklin Ave
Date
Details
Price
Change
Source
9/28/2026
Price Reduced
$195,000
-2.5%
MLS
9/11/2026
Price Reduced
$200,000
-2.44%
MLS
9/05/2026
Price Reduced
$205,000
-4.65%
MLS
8/21/2026
Price Reduced
$215,000
-2.27%
MLS
8/09/2026
Listed
$220,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1196 E M. Franklin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,814
100%
$137,500
—
2024
100%
$137,500
-17%
2022
—
$165,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1196 E M. Franklin Ave
1196 Em Franklin Avenue, Austin, TX 78721 (MLS# 4631001) is a Lots/Land property with a lot size of 0.1016 acres. 1196 Em Franklin Avenue is currently listed for $195,000 and was received on August 09, 2026. Want to learn more about 1196 Em Franklin Avenue? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

