Market Overview for Wallace Addition
There are 0 active listings in Wallace Addition and a median sold price of $155K.
Over the past 30 days, 0 homes have sold, with 1 sales in the past 12 months.
About Wallace Addition
Wallace Addition is a residential neighborhood located in San Marcos, Texas, within the 78666 zip code in Hays County. The neighborhood sits northwest of downtown San Marcos, roughly bounded by Belvin Street to the east and Lindsey Street to the south, with residential streets extending toward the Blanco River corridor. San Marcos is positioned along the I-35 corridor approximately 30 miles south of Austin and 50 miles north of San Antonio, serving as a regional center between the two metros.
Homes in Wallace Addition consist primarily of single-family bungalows and cottages built from the 1920s through the 1960s, along with some newer infill construction. Resale prices generally range from $200,000 to $375,000 depending on lot size, condition, and renovation level. Floor plans average 800 to 1,400 square feet with two- to three-bedroom layouts. Exterior materials include wood siding, painted brick, and board-and-batten, with metal and composition roofing. The neighborhood includes a number of properties that have been updated with modern interiors while retaining original exterior character.
Wallace Addition is served by San Marcos Consolidated Independent School District. Students in the area are typically zoned to Travis Elementary School, Miller Middle School, and San Marcos High School. Travis Elementary enrolls approximately 500 students in grades pre-K through 5. Miller Middle School serves grades 6 through 8 with roughly 600 students. San Marcos High School enrolls approximately 2,200 students in grades 9 through 12 and offers Advanced Placement courses, career and technical education programs, and dual-credit partnerships with Texas State University.
Commuters from Wallace Addition reach I-35 in approximately 5 minutes via Hopkins Street or LBJ Drive. Austin is roughly 30 minutes north via I-35, and San Antonio is approximately 50 minutes south. Texas State University, the area's largest employer with over 5,000 faculty and staff, is within a 10-minute walk east of the neighborhood. Downtown San Marcos, with the Hays County Courthouse, shops, and restaurants along the square, is less than half a mile east.
Living in Wallace Addition
Wallace Addition features narrow residential streets with a grid layout dating to the early twentieth century. Lot sizes typically range from 4,000 to 7,000 square feet with small front yards and mature shade trees including pecan and live oak. The neighborhood includes a mix of owner-occupied homes and rental properties, reflecting its proximity to Texas State University. Property tax rates fall under Hays County and San Marcos CISD jurisdictions, with combined rates near $2.10 per $100 of assessed valuation.
Daily errands are walkable from Wallace Addition. H-E-B on West Hopkins Street is less than 1 mile west, and downtown San Marcos restaurants and shops are within a 10-minute walk east. Purgatory Creek Natural Area, a 370-acre preserve with over 8 miles of hiking and mountain biking trails, is roughly 3 miles southwest. The San Marcos River, fed by natural springs maintaining 72 degrees year-round, is accessible at Rio Vista Park about 1 mile south for tubing, swimming, and kayaking. The Meadows Center for Water and the Environment at Spring Lake offers glass-bottom boat tours and nature trails on the Texas State campus east of the neighborhood.
Things to Do in Wallace Addition
- San Marcos River: Spring-fed river maintaining 72 degrees year-round, accessible at Rio Vista Park about 1 mile south for tubing, swimming, and kayaking.
- Purgatory Creek Natural Area: 370-acre preserve roughly 3 miles southwest with over 8 miles of hiking and mountain biking trails through Hill Country terrain.
- The Meadows Center at Spring Lake: Environmental education center on the Texas State campus offering glass-bottom boat tours over the San Marcos Springs and nature trails.
- Downtown San Marcos Square: Historic town square less than half a mile east with restaurants, bars, live music venues, and the Hays County Courthouse.
- Five Mile Dam Park: Hays County park on the Blanco River roughly 5 miles north of San Marcos, with swimming access, picnic areas, and a low-water dam.
Major Employers in Wallace Addition
- Texas State University (Education): Public university with over 38,000 students and approximately 5,500 employees, located within walking distance east of the neighborhood.
- Hays County (Government): County government with offices in downtown San Marcos, employing approximately 1,200 staff including the courthouse and justice center.
- San Marcos Premium Outlets (Retail): Outlet mall on I-35 with over 140 stores, roughly 4 miles south of the neighborhood, employing approximately 2,000 workers.
- Central Texas Medical Center (Healthcare): 113-bed hospital on Wonderworld Drive in San Marcos, roughly 3 miles southwest, serving as the primary acute care facility for Hays County.
Wallace Addition Schools
Wallace Addition is served by San Marcos ISD. Students typically attend Dezavala Elementary for elementary school, Goodnight Middle School or Owen Goodnight Middle School for middle school, and San Marcos High School for high school.
School District: San Marcos ISD
Public Schools
- Dezavala Elementary - Elementary school serving the Wallace Addition area in San Marcos ISD.
- Goodnight Middle School - Middle school serving the Wallace Addition area in San Marcos ISD.
- Owen Goodnight Middle School - Middle school serving the Wallace Addition area in San Marcos ISD.
- San Marcos High School - High school serving the Wallace Addition area in San Marcos ISD.
Pre-Schools
- First Baptist Church Preschool San Marcos - Church-based preschool program in San Marcos serving ages 2 through pre-K with half-day and full-day options.
- San Marcos Day Nursery - Nonprofit childcare center operating since 1945, serving infants through pre-K near downtown San Marcos.
Private Schools
- San Marcos Academy - Private college-preparatory school on a 104-acre campus in San Marcos serving grades 7-12 with boarding and day student options.
Higher Education
- Texas State University - Public university enrolling over 38,000 students, with the main campus adjacent to the neighborhood east of the Blanco River.
Frequently Asked Questions
What are home prices in Wallace Addition San Marcos
Homes in Wallace Addition typically range from $200,000 to $375,000. Properties include 1920s-1960s bungalows and cottages of 800 to 1,400 square feet, with some updated homes commanding higher prices.
What school district is Wallace Addition in
Wallace Addition is served by San Marcos Consolidated ISD. Students typically attend Travis Elementary, Miller Middle School, and San Marcos High School. San Marcos High enrolls approximately 2,200 students with AP and dual-credit options.
How far is Wallace Addition from downtown Austin
Wallace Addition is approximately 30 miles south of downtown Austin via I-35. The drive takes roughly 30 to 40 minutes depending on traffic. The neighborhood is within walking distance of downtown San Marcos.
Is Wallace Addition walkable to Texas State University
Texas State University is within a 10-minute walk east of Wallace Addition. The main campus sits along the San Marcos River and Sessom Drive, making it accessible on foot or by bicycle from the neighborhood.
What is there to do near Wallace Addition San Marcos
The San Marcos River is about 1 mile south for tubing, swimming, and kayaking. Downtown San Marcos is less than half a mile east with restaurants and live music. Purgatory Creek Natural Area offers 370 acres of trails roughly 3 miles southwest.
What grocery stores are near Wallace Addition
H-E-B on West Hopkins Street is less than 1 mile west. Walmart Supercenter is roughly 3 miles south on I-35. Additional convenience stores and markets are located along Hopkins Street and LBJ Drive.