$361,200
- 2 Beds
- 1 Bath
- 840 sqft
1198 E M Franklin Ave, Austin, TX 78721
Est. Refi. Payment $2,394/mo*
Refinance Your HomeHome Value
Trulia Estimate
$361KSince last month
Decreased$2K (-0.6%)Since last year
Decreased$27K (-6.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +11% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $362K |
| August 2026 | $362K |
| July 2026 | $364K |
| June 2026 | $374K |
| May 2026 | $375K |
| April 2026 | $368K |
| March 2026 | $372K |
| February 2026 | $364K |
| January 2026 | $362K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.55 | Single-Family Home | - | 01/07/26 | 2 | 1 | 1,080 | |
0.46 | Single-Family Home | - | 11/14/25 | 1 | 1 | 636 | |
0.35 | Single-Family Home | - | 09/11/25 | 3 | 3 | 1,172 | |
0.16 | Single-Family Home | - | 12/17/25 | 1 | 1,317 | ||
0.87 | Single-Family Home | - | 12/02/25 | 2 | 1 | 1,153 | |
0.77 | Single-Family Home | - | 04/15/26 | 3 | 1 | 972 | |
0.68 | Single-Family Home | - | 09/18/25 | 2 | 2.5 | 921 | |
0.92 | Single-Family Home | - | 01/27/26 | 3 | 1 | 840 | |
0.50 | Single-Family Home | - | 07/31/26 | 3 | 2.5 | 1,502 | |
0.52 | Single-Family Home | - | 04/22/26 | 3 | 3 | 1,491 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $205,000 | - | - | - | For Sale | |
0.11 | $650,000 | 5 | 4 | 2,153 | For Sale | |
0.10 | - | 3 | 3.5 | 2,009 | Recently Sold | |
0.13 | $275,000 | - | - | - | For Sale | |
0.14 | $465,000 | 2 | 2 | 1,031 | For Sale | |
0.17 | $894,300 | 3 | 2.5 | 2,312 | Off Market | |
0.18 | - | 3 | 3 | 1,703 | Off Market | |
0.16 | $525,000 | 2 | 2.5 | 1,083 | For Sale | |
0.24 | $150,000 | - | - | - | For Sale | |
0.24 | $645,000 | 3 | 3 | 1,940 | For Sale | |
0.21 | $619,995 | 3 | 2.5 | 1,681 | For Sale | |
0.23 | $240,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2005
840 sqft
$430/sqft
About this House
You've found your dreamy updated bungalow. This two bedroom, one bath home boasts tons of natural light from the large windows, hardwood floors throughout, refrigerator, washer/dryer, stainless steel appliances, gas stove, butchers block, pantry, ceiling fans, and a good-size backyard to boot! Close to all of the amazing eateries, parks and greenbelts that East Austin has to offer and just 3 miles to downtown.
1198 E M Franklin Ave, Austin, TX 78721 is a 2 bedroom, 1 bathroom, 840 sqft single-family home in MLK, built in 2005. More recently, it was listed as a rental in June 2026 with an asking price of $2,650 per month. That rental listing was removed on June 22, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $361,200, with a rent estimate of $2,269/month.
Home Details for 1198 E M Franklin Ave
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Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DryerWasher |
Heating & Cooling Air Conditioning |
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Exterior Home Features Roof: CompositionFoundation Type: Slab |
Parking & Garage Parking: None |
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Year Built Year Built: 2005 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 4255 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 22, 2026 Source: Unlock MLS #4581271 | ListingRemoved | $2,650 |
Jun 11, 2026 Source: Unlock MLS #4581271 | Listed For Rent | $2,650 |
Mar 14, 2024 Source: Unlock MLS #3366359 | ListingRemoved | |
Mar 8, 2024 Source: Unlock MLS #3366359 | PriceChange | $2,500 Price decreased by 4% |
Jan 30, 2024 Source: Unlock MLS #3366359 | PriceChange | $2,595 Price decreased by 2% |
Jan 16, 2024 Source: Unlock MLS #3366359 | Listed For Rent | $2,650 |
Nov 11, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Nov 4, 2021 Source: Zillow Rental Manager | Listed For Rent | $2,400 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,077 | $346,039 |
Home facts updated by county records
Market trends in Austin
Last updated July 2026
Avg. sale price
$586K
$14.3KMoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4MoM
Available listings
5514
156MoM
Around this home
What Locals Say about MLK
At least 21 Trulia users voted on each feature.
95 % Say car is needed
90 % Say yards are well-kept
83 % Say it's dog friendly
81 % Say parking is easy
63 % Say it's quiet
56 % Say there are sidewalks
56 % Say there's holiday spirit
54 % Say people would walk alone at night
52 % Say there's wildlife
49 % Say neighbors are friendly
46 % Say they plan to stay for at least 5 years
39 % Say kids play outside
24 % Say streets are well-lit
21 % Say it's walkable to grocery stores
19 % Say it's walkable to restaurants
16 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1198 E M Franklin Ave
- What is 1198 E M Franklin Ave estimated to be worth?Trulia's estimated value for 1198 E M Franklin Ave in Austin, TX is $361,200.
- Is Austin a buyer's or seller's market?Austin is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Austin?The median sale price in Austin is $586K. That is up $14.3K from the prior month.
- What do residents say about the MLK neighborhood?Residents describe the MLK neighborhood in Austin, TX as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in MLK, Austin.
- Does 1198 E M Franklin Ave have laundry facilities?Yes, 1198 E M Franklin Ave in Austin, TX has in-unit laundry.
- How big is the lot at 1198 E M Franklin Ave?The lot at 1198 E M Franklin Ave in Austin, TX is about 0.10 acres (4,255 sq ft).

