1231 E Frances Ln, Gilbert, AZ 85295
Property image
Property image
OFF MARKET

$468,700

Trulia Estimate
as of Oct 13, 2026
  • 3 Beds
  • 2.5 Baths
  • 1,960 sqft

1231 E Frances Ln, Gilbert, AZ 85295

Spectrum

Home Highlights

Single-Family Home
1,960 sqft
$239/sqft

Local Information

  • Map ViewExplore the area around 1231 E Frances Ln.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Covered patioGenerously sized primary bedroomLarge entry roomPlenty of natural lightFire pitTurfed backyard
Beautiful 2-story home in a peaceful Gilbert community with lots of parks and trails. Turfed backyard with a fire pit and covered patio. Large entry room, with plenty of natural light and a generously sized primary bedroom and bathroom. Very close to the 202 for easy access any where in the city.

Renter is responsible for backyard maintenance, and all utilities. Owner covers HOA and front yard.
1231 E Frances Ln, Gilbert, AZ 85295 is a 3 bedroom, 3 bathroom, 1,960 sqft single-family home in Spectrum. It last sold for $291,999 on Jun 22, 2020 (11,941% above the $2,425 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $2,425 per month. That rental listing was removed on February 3, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $468,700, with a rent estimate of $2,376/month.

Home Details for 1231 E Frances Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 Year

Comparable Sales for 1231 E Frances Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1214 E FRANCES Lane, Gilbert, AZ
0.04
Single-Family Home
$472,400
08/04/26
3
2.5
1,960 sqft
1233 E MARCELLA Lane, Gilbert, AZ
0.10
Single-Family Home
$470,000
02/17/26
3
2.5
1,960 sqft
1224 E JULIAN Drive, Gilbert, AZ
0.07
Single-Family Home
$495,000
11/25/25
3
2.5
2,092 sqft
1237 E Marcella Lane, Gilbert, AZ
0.11
Single-Family Home
$475,000
11/19/25
3
2.5
1,960 sqft
1281 E FRANCES Lane, Gilbert, AZ
0.08
Single-Family Home
$356,000
02/27/26
2
2.5
1,615 sqft
1211 E MARY Lane, Gilbert, AZ
0.18
Single-Family Home
$525,000
05/21/26
3
2
1,901 sqft
3073 S PASSION Drive, Gilbert, AZ
0.15
Single-Family Home
$460,000
02/11/26
4
2.5
2,092 sqft
3110 S Southwind Dr, Gilbert, AZ
0.19
Single-Family Home
$225,000
05/14/26
3
2
1,288 sqft
3057 S SAILORS Way, Gilbert, AZ
0.24
Single-Family Home
$460,000
08/19/26
3
2
1,674 sqft
3104 S LOIS Lane, Gilbert, AZ
0.28
Single-Family Home
$499,000
06/26/26
4
2.5
2,194 sqft

Nearby homes

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Around this home

Neighborhood Overview

Spectrum
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Spectrum

This October

Trick-or-Treat Score

Built from what locals say about Spectrum.
  • 96% say there are sidewalks
  • 71% say there's holiday spirit
  • 44% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 35 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 95 % Say it's dog friendly

  • 92 % Say car is needed

  • 90 % Say streets are well-lit

  • 88 % Say people would walk alone at night

  • 80 % Say kids play outside

  • 71 % Say it's walkable to restaurants

  • 71 % Say there's holiday spirit

  • 70 % Say it's walkable to grocery stores

  • 68 % Say it's quiet

  • 65 % Say parking is easy

  • 54 % Say yards are well-kept

  • 53 % Say they plan to stay for at least 5 years

  • 44 % Say neighbors are friendly

  • 34 % Say there are community events

  • 14 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • David kesling
    "Lived in this neighborhood for 8 years and love it! Great neighbors and plenty to do close to the neighborhood! "
    0
    Flag
  • Trulia User
    "Good walking paths and a lot of dog Owners. Several veterinarian offices nearby. Stands with a supply of refuse bags"
    0
    Flag
  • Trulia User
    "Turkey trot. Christmas light and decorating. Trick or treating. All holidays are thoroughly celebrated which just makes every season something you enjoy and look forward to. "
    0
    Flag
  • Trulia User
    "Great safe neighborhood! Plenty of things to do within walking distance! Most neighbors stay neighbors for a long time! "
    0
    Flag
  • BKH
    "Large Green belts and walking paths. Green belt walking paths. Many dog owners. Close to other dog parks."
    2
    Flag
  • Helena S.
    "I love the neighborhood and it’s close to shopping, food and much more! There is also public transportation everywhere!"
    5
    Flag
  • Tawny M. A.
    "Good neighborhood, great location, close to freeway. With the whole covid-19 going on - all members of community got together and helped one another out.... and it was a beautiful thing. "
    10
    Flag
  • Tawny A
    "Hardly any traffic, right next to the freeway, anything you could need is within a five minute drive "
    0
    Flag
  • Ariel L.
    "We have regular food truck nights, community garage sales, events in the main park where our neighborhood office is located"
    2
    Flag
  • Lisa C.
    "I drive myself or I have two teens.. ;) I chose Spectrum for it's great location to so much and have friends who boasted about how family oriented this community is.. and it has proven itself to all of our expectations and more. My kids and I love it here!"
    3
    Flag
  • Annie Mayson
    "I've lived in my neighborhood for seven years now, and my family and I loved it. quiet and friendly neighborhood."
    0
    Flag
  • Alisha M.
    "Great for Families . School in neighborhood and great parks . Community events and clean. Expensive on the downside "
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Feb 3, 2026
Source: Zillow Rentals
ListingRemoved
$2,425
Dec 20, 2025
Source: Zillow Rentals
Listed For Rent
$2,425
Nov 6, 2023
Source: Zillow Rentals
ListingRemoved
Oct 18, 2023
Source: Zillow Rentals
Listed For Rent
$2,350
Jun 22, 2020
Source: N/A
Sold
$291,999

Frequently asked questions about 1231 E Frances Ln

  • What is 1231 E Frances Ln estimated to be worth?
    Trulia's estimated value for 1231 E Frances Ln in Gilbert, AZ is $468,700.
  • What is the price history for 1231 E Frances Ln?
    1231 E Frances Ln in Gilbert, AZ last sold for $291,999 in June 2020.
  • Is Gilbert a buyer's or seller's market?
    Gilbert is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Gilbert?
    The median sale price in Gilbert is $578K. That is up $2.17K from the prior month.
  • Does 1231 E Frances Ln have air conditioning?
    Yes, 1231 E Frances Ln in Gilbert, AZ has air conditioning.
  • Does 1231 E Frances Ln have laundry facilities?
    Yes, 1231 E Frances Ln in Gilbert, AZ has in-unit laundry.

Homes for rent near 1231 E Frances Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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