12331 FM 1940, Franklin, TX 77856
OFF MARKET

$603,300

Trulia Estimate
  • Studio
  • 1,547 sqft (on 33.18 acres)

12331 FM 1940, Franklin, TX 77856

Est. Refi. Payment $3,775/mo*
Refinance Your Home

Home Value

Trulia Estimate
$603K
Since last month
Increased$17K (+2.8%)
Since last year
$200 (0%)
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 +44% in the last 10 years
MonthEstimated value
2026
September 2026$603K
August 2026$588K
July 2026$587K
June 2026$601K
May 2026$602K
April 2026$608K
March 2026$615K
February 2026$574K
January 2026$572K
2025
2024
2023
2022
2021

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
4.33
Single-Family Home
-
10/24/25
4
3
2,514
4.75
Single-Family Home
-
06/24/26
3
2
2,400
4.44
Single-Family Home
-
06/03/26
-
1,500
4.73
Single-Family Home
-
10/20/25
3
2
1,428
4.70
Single-Family Home
-
07/17/26
3
1
2,401
5.08
Single-Family Home
-
11/17/25
1
1
800
4.91
Single-Family Home
-
08/12/26
5
2,304
5.45
Single-Family Home
-
07/27/26
2
1
1,312
5.18
Single-Family Home
-
09/19/25
3
2
1,642
5.12
Single-Family Home
-
03/06/26
4
3
2,165

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
0.35
$629,700
Studio
-
-
Off Market
2.03
$691,900
Studio
-
480
Off Market
1.25
$868,200
Studio
-
496
Off Market
0.98
-
3
1.5
-
Off Market
1.63
$229,700
Studio
-
-
Off Market
1.63
$549,700
Studio
-
864
Off Market
0.55
$344,500
Studio
-
1,430
Off Market
10.81
$2,508,300
Studio
-
-
Off Market
1.82
$730,900
Studio
-
-
Off Market
3.39
-
Studio
-
-
Off Market
4.03
-
Studio
-
1,368
Off Market
3.72
$137,300
Studio
-
960
Off Market

Local Information

  • Map ViewExplore the area around 12331 FM 1940.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
33.18 acre lot
1,547 sqft
$390/sqft

About this House

This single-family home is located at 12331 FM 1940, Franklin, TX. 12331 FM 1940 is in Franklin, TX and in ZIP code 77856. This property has approximately 1,547 sqft of floor space. This property has a lot size of 33.18 acres.
12331 FM 1940, Franklin, TX 77856 is a studio, 1,547 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $603,300, with a rent estimate of $1,745/month.

Home Details for 12331 FM 1940

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 33.18 acres

Price and Tax history

YearProperty taxTax assessment
2025
$884
$562,063
Home facts updated by county records

Market trends in Normangee

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
46
2
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Normangee

At least 4 Trulia users voted on each feature.
  • 83 % Say parking is easy

  • 80 % Say it's quiet

  • 75 % Say people would walk alone at night

  • 73 % Say neighbors are friendly

  • 70 % Say yards are well-kept

  • 67 % Say it's dog friendly

  • 67 % Say they plan to stay for at least 5 years

  • 67 % Say there's holiday spirit

  • 67 % Say car is needed

  • 56 % Say it's walkable to restaurants

  • 50 % Say there's wildlife

  • 50 % Say kids play outside

  • 33 % Say there are community events

  • 33 % Say streets are well-lit

  • 17 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Danna H.
    "Great school, churches, and community involvement. Generally safe area. Everyone waves at everyone. Random people will stop to talk to you like they have known you for years. We moved to Hilltop Lakes Community one year ago and we love it. "
  • Johnandanalisa
    "Hilltop Lakes is great. Don’t become involved in politics. The POA is only interested in maintaining the golf course, not much else. "
  • Judyts53
    "it is a dog friendly town and most people adhere to the laws. Dog owners are required to contain their animals and not allow them to run the streets. "

LGBTQ Local Legal Protections

Frequently asked questions about 12331 FM 1940

  • What is 12331 FM 1940 estimated to be worth?
    Trulia's estimated value for 12331 FM 1940 in Franklin, TX is $603,300.
  • Is Franklin a buyer's or seller's market?
    Franklin is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 12331 FM 1940?
    The closest schools to 12331 FM 1940 in Franklin, TX are Arthur L Davila Middle School (rated 4/10), James Earl Rudder High School (rated 3/10), Navarro Elementary School (Pre-K, rated 4/10).
  • How big is the lot at 12331 FM 1940?
    The lot at 12331 FM 1940 in Franklin, TX is about 33.2 acres.

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Off Market Homes Near 12331 FM 1940

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Homes for sale near 12331 FM 1940

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