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What you’ll pay if you buy in East MLK

Going prices, analyzed by square foot

Via Redfin
1916D E.M. Franklin Avenue
Gray modern-farmhouse-style cottage with porch and bright green door, yard on side

How much does it cost to buy a home in East MLK these days?

In an ongoing series with Curbed Austin, real-estate analytics site NeighborhoodX took a close look at the range of sales asking prices per square foot in the area to find out.

The East MLK neighborhood, which stretches east of Airport Boulevard to U.S. Highway 183 North and is bounded by Manor Road to the north and the railroad tracks between Manor and 183 to the south.

Situated in the middle of several now-bustling thoroughfares, East MLK is mix of residences, light industrial sites, and and business centers. It is a historically largely African American neighborhood that has seen rapid changes with Austin’s most recent population boom.

The average asking price for MLK, for the subset of properties that were analyzed, was $254 per square foot. However, the individual properties that make up this average range from $181 per square foot (4205 Leslie Avenue, a remodeled older home asking $350,000) to $325 per square foot (3622 Clary Way, a four-bedroom single-family home under construction marketed for $715,000).