$275,000

516 Franklin Dr San Marcos, TX 78666

$3,266
Closing credit¹
3 beds
1 full
1,014 sqft
0.4 acres
$271 / sqft
House

Property details

About 516 Franklin Dr

This charming older home, while in need of some updates, offers tremendous potential in one of the most sought-after neighborhoods of Oak Heights on the West side of San Marcos. Nestled on a tree-lined street with no HOA the spacious lot provides room for expansion or landscaping, offering great flexibility for buyers with a vision. What truly sets this home apart is the location—just a short walk or drive to Crockett Elementary and Texas State University, with all the conveniences of downtown only minutes away. This property offers a unique opportunity to create a home tailored to your needs, all while enjoying the charm and character of an established neighborhood. With the right updates, this home could easily become a stunning gem in the heart of a highly desirable area.

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s), Wall/Window Unit(s)
Size1,014 sqft
Lot size0.3724 Acres
Year built1952
MLS #578805
Attached garageYes

Summary

  • Full Bathrooms: 1
  • Appliances: Double Oven, Electric Cooktop, Refrigerator
  • Flooring Type: Carpet, Laminate
  • Interior: Ceiling Fan(s), Laminate Counters, Eat-in Kitchen
  • Fireplace: None
  • Total Bedroom Count: 3
  • Attached Garage: Yes
  • Exterior: Fence
  • Architectural Style: Ranch
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • List Price: $275,000
  • Price/SqFt: $271
  • Annual Tax Amount: $876
  • Tax Year: 2024
  • Directions: From Downtown San Marcos - Head North on Moore St (Old Ranch Rd 12). Turn Left onto Franklin Dr.
  • Year Built: 1952
  • Stories: 1
  • Living Area: 1,014 SqFt
  • Lot Size: 0.3724 Acres
  • MLS Number: 578805
  • MLS Name: CentralTexas
  • Office Name: Real Broker, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Natalie Butler-Megerson

IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 5/6/2025, 2:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house featuring concrete driveway, a carport, brick siding, and a front yard

$275,000

516 Franklin Dr

$3,266

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$184,564$876
2023$167,785$836
2022$152,532$968
2021$138,665$949
2020$126,059$2,778
2019$114,599$2,564
2018$104,181$2,564
2017$94,710$2,070

History based on county public records data.

Nearby schools

6

Crockett Elementary School

Public District KG-5

0.4 mi

1300 Girard St

5

Hernandez Elementary School

Public District PK-5

1.8 mi

333 Stagecoach Trl

2

Travis Elementary School

Public District KG-5

2.2 mi

1437 Post Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,611. The majority of San Marcos, TX residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
52%
35k-100k
31%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
8%
Single, with Kids
25%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
33%
18-34 yrs old
37%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • DillardsDillards
  • Wal-MartWal-Mart
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • SonicSonic
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • HyundaiHyundai
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 516 Franklin Dr

The listing price of 516 Franklin Dr property is $275,000.

The property 516 Franklin Dr is a house located in San Marcos, Texas, 78666.

Active Listing: 516 Franklin Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 516 Franklin Dr are: Crockett Elementary School (GreatSchools Rating 6/10), Hernandez Elementary School (GreatSchools Rating 5/10), Travis Elementary School (GreatSchools Rating 2/10), Miller Middle School (GreatSchools Rating 3/10), Goodnight Middle School (GreatSchools Rating 3/10), Wallace Middle School (GreatSchools Rating 4/10), Ki Charter Academy (GreatSchools Rating 1/10), San Marcos High School (GreatSchools Rating 2/10), Lehman High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $876 (source: MLS/based on county public records data).

The property at 516 Franklin Dr has 3 bedrooms and 1 bathroom.

The property 516 Franklin Dr is 1,014 SqFt (source: MLS/tax record).

The year of construction for 516 Franklin Dr is 1952.

This home is located at 516 Franklin Dr in San Marcos, TX and zip code 78666 in the Oak Heights neighborhood. This 1,014 square foot home, which was built in 1952, sits on a 0.37 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $275,000.

Over 9 listings were sold over their listed price in April 2025 in San Marcos, TX. In the same period over 28 listings were sold below the listed price and 14 listings were sold for the listed price. The number of homes for sale in San Marcos, TX increased by 17.8% between March and April 2025. Listings spent 121 days on the market in April 2025, and had a median list price of $357,973 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources