1192 E M FRANKLIN Ave, Austin TX 78721

Austin, TX 78721 | Ebony Acres

Ed's Opinion of Value

$175,000 Ed's Estimate: $432,297 $516,579
Lowest Comp Recommended List: $165,000 to $175,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $432,297. Pricing this home between $165,000 and $175,000 would put it in the competitive sweet spot for EBONY ACRES. This would position the home competitively among 7 active listings in EBONY ACRES. The smaller floor plan (374 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years older than typical comps, the 1954 build date influences the valuation. Right now, 7 similar properties are competing for buyers in EBONY ACRES, listed between $175,000 and $455,000. Market data shows 78721 prices fallen 13% over the last half year. The closest comparable sale, 1600 Elmira RD, Austin TX 78721 at an adjusted $337,667, is with a larger floor plan. With 7 comparable sales in EBONY ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
1 Baths
720 Sq Ft
0.4441 Acres
1954 Built

About This Property

Prime opportunity to develop up to 3 units on a super spacious 19,343 sq. ft. lot nestled in desirable East Austin neighborhood. With SF3 zoning, you have the flexibility to renovate or rebuild to suit your preferences. Set in an established community, high atop a hill, this property offers significant value in its expansive lot. 5 miles from ABIA, 3 miles from Lady Bird Lake Hike & Bike Trail, and downtown Austin, and less than 2 miles from Mueller.

Location

Schools

School District Austin ISD
Elementary Sims
Middle School Bertha Sadler Means

Property Details

Property Type Residential
Exterior Exterior Steps, See Remarks
County Travis
MLS # 9526146

Listing History

MLS# 9526146 - Updated Apr 8, 2026 94 days
Aug 13, 2024 Off Market
Jun 17, 2024 Price Change $460,000
Apr 5, 2024 Listed $500,000

Frequently Asked Questions About 1192 E M FRANKLIN Ave, Austin TX 78721

When was 1192 E M FRANKLIN Ave, Austin TX 78721 built?

1192 E M FRANKLIN Ave, Austin TX 78721 was built in 1954.

How much does 1192 E M FRANKLIN Ave, Austin TX 78721 cost?

1192 E M FRANKLIN Ave, Austin TX 78721 sold on August 13, 2024. Contact us for sale price details.

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