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SOLD
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$275,000

Last List Price

516 Franklin DR, San Marcos, TX 78666

3

beds

1

baths

1,014

sqft

0.37

acres

Single Family Residence

About This Home

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.

Listings checked every few minutes. MLS# 4899236 was Last Updated: 06-28-2025.

Listed by Natalie Butler-Megerson, Real Broker, LLC (512) 557-5549

Buyer Represented by Julio Olvera, Olvera Bolton Properties (512) 909-9968

Neighborhood

Assigned Schools

Comments

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Listing courtesy of Unlock MLS as distributed by MLS Grid. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed accurate by MLS Grid or Unlock MLS.

What is the Oak Heights neighborhood like?

Oak Heights is a residential neighborhood located in San Marcos, Texas, within the 78666 zip code in Hays County. The neighborhood sits in the central part of San Marcos, approximately 30 miles south of downtown Austin along the I-35 corridor. Oak Heights is positioned near the intersection of Hopkins Street and LBJ Drive, within walking distance of Texas State University and the downtown San Marcos square. The area includes a mix of older single-family homes built from the 1950s through 1970s alongside renovated properties and some newer infill construction on established lots.

Explore Oak Heights

What employers are near 516 Franklin DR?

  • Texas State University (Higher Education)
  • San Marcos Premium Outlets (Retail)
  • Hays County (Government)

How does this property compare to others in Oak Heights?

516 Franklin DR is listed at $275K vs. the $377K median in Oak Heights. The neighborhood average is $272/sqft. Homes in Oak Heights average 1 days on market.

MetricOak Heights
Median List Price$377K
Median Sold Price$280K
Average Days on Market1
Average Price per Sqft$272
Active Listings2

Market data as of May 2026.

Frequently Asked Questions

How much is 516 Franklin DR?

516 Franklin DR is listed for $275,000. It features 3 bedrooms, 1 bathroom, 1,014 square feet, 0.3724 acres. Built in 1952.

What neighborhood is 516 Franklin DR in?

516 Franklin DR is located in the Oak Heights neighborhood of San Marcos, Texas.

How does 516 Franklin DR compare to other homes in Oak Heights?

The asking price of $275,000 is 27.1% lower than the median home price of $377K in Oak Heights. At $271/sqft, it compares to the neighborhood average of $272/sqft.

What are the details of 516 Franklin DR?

516 Franklin DR was built in 1952, and sits on 0.3724 acres of land, and is a single family residence style home.