Market Overview for Franklin Park
There are 16 active listings in Franklin Park with a median list price of $280K and a median sold price of $283K.
Homes average 32 days on market.
Over the past 30 days, 3 homes have sold, with 43 sales in the past 12 months.
The average price per square foot is $234.
About Franklin Park
Franklin Park is a residential neighborhood in North Austin, located near the intersection of US-183 and Metric Boulevard in the Rundberg area. The community features modest single-family homes built primarily in the 1970s and 1980s, offering some of the most affordable housing in the Austin city limits with convenient access to major transportation corridors and employment centers.
Homes in Franklin Park typically range from $250,000 to $400,000, making it one of the more budget-friendly options for buyers seeking a single-family home within Austin proper. The housing stock includes one-story ranch-style and split-level homes on compact lots with mature trees. Many homes have been updated or renovated as the area has benefited from rising property values across Austin.
Franklin Park is served by the Austin Independent School District (Austin ISD). Students typically attend Cook Elementary, Burnet Middle School, and Lanier High School. The neighborhood's central North Austin location also provides access to charter and private school alternatives in the area.
US-183 and Metric Boulevard provide strong transportation access, with The Domain approximately 10 minutes north, downtown Austin 15-20 minutes south via IH-35 or US-183, and the North Lamar corridor nearby for additional shopping and services. The neighborhood is well-positioned for commuters working at tech companies along the US-183 corridor or at The Domain.
Living in Franklin Park
Franklin Park offers affordability that is increasingly rare within Austin city limits. Homes in the $250K-$400K range provide entry-level homeownership with the urban conveniences — transit access, nearby retail, and short commutes — that suburban locations at similar price points cannot match.
The US-183 corridor location means The Domain's retail, dining, and tech employers are 10 minutes away, and downtown Austin is 15-20 minutes south. The neighborhood has benefited from the northward expansion of Austin's investment and development, with improving retail options and infrastructure along the North Lamar and Rundberg corridors.
Things to Do in Franklin Park
- Domain NORTHSIDE: Mixed-use district approximately 10 minutes north with retail, restaurants, entertainment venues, and nightlife.
- Walnut Creek Metropolitan Park: City of Austin park within 10 minutes featuring 293 acres of trails for hiking, mountain biking, and a swimming pool.
- Little Walnut Creek Greenbelt: Linear park and trail system nearby for walking, jogging, and nature exploration.
- North Austin YMCA: Community recreation center with pool, gym, fitness classes, and youth programs.
- North Lamar Corridor: Diverse dining strip along North Lamar Boulevard with restaurants representing cuisines from around the world, one of Austin's most eclectic food destinations.
Major Employers in Franklin Park
- The Domain Employers (Technology): Meta, Indeed, Google, and other tech companies approximately 10 minutes north
- Apple (Technology): Austin campus on US-183, approximately 5-10 minutes south
- IBM (Technology): Austin campus on Burnet Road within 10 minutes
- St. David's North Austin Medical Center (Healthcare): Major hospital approximately 10 minutes west
- Amazon (Technology & Operations): Multiple Austin-area facilities accessible via US-183
Franklin Park Schools
Franklin Park is served by Austin ISD. Based on MLS listing data, homes attend Rodriguez Elementary, Mendez Middle School, Travis High School, Akins High School, Eastside Early College.
School District: Austin ISD
Public Schools
- Houston Elementary
- Rodriguez Elementary
- Mendez Middle
- Travis Early College High School
- Akins High School
Private Schools
- Redeemer Lutheran School - Private school in north central Austin
Higher Education
- Austin Community College (Northridge Campus) - ACC campus nearby offering two-year degrees and workforce training
Frequently Asked Questions
Where is Franklin Park in Austin?
Franklin Park is a residential neighborhood in North Austin near the intersection of US-183 and Metric Boulevard in the Rundberg area. It offers convenient access to major transportation corridors and employment centers.
How much do homes cost in Franklin Park?
Homes in Franklin Park typically range from $250,000 to $400,000, making it one of the more affordable single-family home neighborhoods within Austin city limits.
What school district is Franklin Park in?
Franklin Park is served by Austin ISD. Students typically attend Cook Elementary, Burnet Middle School, and Lanier High School.
How far is Franklin Park from downtown Austin?
Franklin Park is approximately 15-20 minutes from downtown Austin via IH-35 or US-183. The Domain is about 10 minutes north.
Is Franklin Park a good investment?
Franklin Park offers some of the most affordable single-family homes in Austin proper with strong transportation access via US-183. The area has benefited from Austin's northward growth and improving infrastructure along the Rundberg and North Lamar corridors.
