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.
Closed
Price Unknown
516 Franklin Dr, San Marcos, TX 78666
3beds
1,014sqft
Single Family Residence
Built in 1952
0.37 Acres Lot
$241,800 Zestimate®
$--/sqft
$1,511 Estimated rent
Home value
$241,800
$225,000 - $259,000
$1,511/mo
Zestimate® history
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Spacious lot
Zillow last checked:
Listing updated:
Listed by:
Natalie Butler-Megerson (855)450-0442,
Real Broker, LLC
Bought with:
Julio C. Olvera, TREC #0589611
Olvera Bolton Properties
Source: Central Texas MLS,MLS#: 578805
Originating MLS: Four Rivers Association of REALTORS
Originating MLS: Four Rivers Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Double Oven, Electric Cooktop, Refrigerator, Some Electric Appliances
- Laundry: Inside, Main Level
Features
- All Bedrooms Down, Ceiling Fan(s), Laminate Counters, Primary Downstairs, Main Level Primary, Tub Shower, Eat-in Kitchen, Kitchen/Dining Combo
- Flooring: Carpet, Laminate
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,014 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Exterior features: Covered Patio, Porch
- Pool features: None
- Fencing: Partial
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.37 Acres
Details
- Parcel number: R36743
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Masonry
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Phone Available, Trash Collection Public
Community & HOA
Community
- Features: None, Curbs
- Subdivision: Oak Heights
HOA
- Has HOA: No
Location
- Region: San Marcos
Financial & listing details
- Tax assessed value: $262,220
- Date on market: 5/5/2025
- Cumulative days on market: 18 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | -- |
Source:  Central Texas MLS #578805 Report a problem | ||
| 5/24/2025 | Pending sale | $275,000$271/sqft |
Source: Central Texas MLS #578805 Report a problem | ||
| 5/5/2025 | Listed for sale | $275,000$271/sqft |
Source: Central Texas MLS #578805 Report a problem | ||
| 9/13/2012 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $262,220 +42.1% |
| 2024 | $977 +11.5% | $184,564 +10% |
| 2023 | $876 -9.5% | $167,785 +10% |
| 2022 | $968 -6.5% | $152,532 |
| 2021 | $1,035 +9.1% | -- |
| 2020 | $949 +5.5% | $126,059 +10% |
| 2019 | $900 +7.6% | $114,599 +10% |
| 2018 | $836 +7.5% | $104,181 +10% |
| 2017 | $778 +15.4% | $94,710 +10% |
| 2016 | $674 -6.5% | $86,100 +5.2% |
| 2015 | $721 | $81,840 +7.2% |
| 2014 | $721 | $76,330 +2.5% |
| 2013 | -- | $74,450 +3.3% |
| 2012 | -- | $72,100 |
| 2011 | -- | $72,100 |
| 2010 | -- | $72,100 -1.2% |
| 2009 | -- | $73,000 +2.5% |
| 2007 | -- | $71,200 +4.6% |
| 2006 | -- | $68,040 +4.1% |
| 2005 | -- | $65,350 +1.4% |
| 2004 | -- | $64,440 +1.4% |
| 2003 | -- | $63,540 |
| 2002 | -- | $63,540 +2.9% |
| 2001 | -- | $61,750 +6.2% |
| 2000 | -- | $58,150 |
Find assessor info on the county website
Neighborhood: Oak Heights
Nearby homes
- $311,600-- bd-- ba1.7k sqft514 Franklin Dr, San Marcos, TX 78666Off Market
- $309,5003 bd2 ba1.5k sqft1502 Stokes Dr, San Marcos, TX 78666Off Market
- $319,500-- bd-- ba2k sqft518 Franklin Dr, San Marcos, TX 78666Off Market
- $341,800-- bd-- ba1.9k sqft1504 Stokes Dr, San Marcos, TX 78666Off Market
- $322,800-- bd-- ba1.5k sqft512 Franklin Dr, San Marcos, TX 78666Off Market
- $412,5003 bd2 ba1.3k sqft1506 Stokes Dr, San Marcos, TX 78666Off Market
- $367,4003 bd2 ba1.7k sqft510 Franklin Dr, San Marcos, TX 78666Off Market
- $299,400-- bd-- ba1.5k sqft517 Franklin Dr, San Marcos, TX 78666Off Market
Nearby schools
GreatSchools rating
- 8/10Crockett Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Miller Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10San Marcos High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Crockett Elementary
- Middle: Doris Miller Middle School
- High: San Marcos High School
- District: San Marcos Cisd
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$241,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$241,800
- Texas
- Hays County
- San Marcos
- 78666
- Oak Heights
- 516 Franklin Dr
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