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Keenan Group#1 Austin Board of Realtors Team 2024

$275,000

3Beds
2Baths
1,262Sq Ft
0.38 acresLot

508 Franklin Dr, San Marcos, TX 78666

San Marcos·MLS# 4928165·Built 1965·14 days on market

3 bed, 2 bath, 1,262 sqft on 0.38 acres in San Marcos. San Marcos, TX 78666. $275,000. SanMarcosCONSISD.

About This Home

Charming and centrally located, this 3-bedroom, 2-bath home offers a rare opportunity just minutes from the heart of San Marcos. Built in 1965 and situated on an oversized .38-acre lot shaded by mature trees, this 1,262-square-foot home combines character, convenience, and investment potential. Enjoy an unbeatable location just three blocks from Texas State University and steps from the Texas State bus route, making commuting a breeze. Grab your morning coffee at a popular local coffee shop just one block away, or take advantage of the nearby shopping, dining, and entertainment options that make San Marcos such a desirable place to live. The spacious lot provides plenty of room for outdoor living, gardening, or future improvements, while the mature trees create a peaceful setting rarely found this close to campus. Whether you're looking for a primary residence, rental property, or investment opportunity, this home offers exceptional value in a prime location. Don't miss your chance to own a piece of San Marcos in one of the city's most convenient and established areas!

Property Type
Residential
Year Built
1965
Lot Size
0.38 acres
Price / Sq Ft
$218
Garage
2 spaces

Listing information last updated October 22, 2026.

Listed by Keller Williams Realty

MLS# 4928165 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 0.38-acre lot
Ceiling Fan(s)
Granite Counters
Entrance Foyer
Pantry

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Entrance Foyer
  • Pantry

Appliances

  • Dishwasher
  • Disposal
  • Range
  • Refrigerator

Flooring

  • Tile
  • Vinyl
Heating
Central
Cooling
Ceiling Fan(s),Central Air,Electric
Exterior & Lot

Features

  • Private Yard

Construction

  • Shake Siding
  • Stone

Lot Features

  • Back Yard
  • Front Yard
  • Level
  • Trees-Moderate

Fencing

  • Back Yard
  • Chain Link

Foundation

  • Slab

Patio / Porch

  • Patio
  • Porch
Roof
Shingle
Lot Size
0.38 Acres

Parking

  • Driveway
  • Garage
Garage Spaces
2
Financial
Original List Price
$275,000
Price per Sq Ft
$218
Utilities
  • Cable Available
  • Electricity Connected
  • High Speed Internet
  • Phone Available
  • Sewer Connected
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

2 records on file

Every recorded listing, sale, and lease at 508 Franklin DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $275,000Original list: $275,000MLS 4928165
    1. Listed · October 21, 2026$275,000
  2. SoldSeptember 24, 2019
    Listed at: $219,500MLS 4118723

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listed with current price, original ask, and market time.

View Timeline
Current list
$275,000
Original list
$275,000
Price movement
No verified reduction
Listed / DOM
Oct 21, 2026 · 14 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$308,759
Assessment Year
2025
Year Built
1965
Parcel ID
11-5820-0200-00500-3
YearTaxesTotal AssessmentLandAdditions
2025
—$308,759$106,560$202,199

Virtual Tour

Virtual tour of 508 Franklin Dr
Map showing 508 Franklin DR
508 Franklin DR
Directions

Zoned Schools

SanMarcosCONSISD

1 High School1 Middle School1 Elementary School

San Marcos

High SchoolGrades 9-12Zoned assignment

Miller

Middle SchoolGrades 6-8Zoned assignment

Crockett

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$1,499

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($55K)

Adjustable assumption - not a lending recommendation.

Home price

$275,000

Loan: $220K

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-29
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Luxury property intelligence

Keenan Market Position

A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.

List price

$275,000

Price per sqft

$218/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

14 days

Original to current

No verified reduction

$275K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 22, 2026.

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Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

How much is 508 Franklin Dr?

508 Franklin Dr is listed at $275,000 with 3 bedrooms, 2 full bathrooms, 1,262 square feet, 0.38-acre lot.

What school district is 508 Franklin Dr in?

508 Franklin Dr is zoned for SanMarcosCONSISD with assigned schools: Crockett (elementary), Miller (middle), San Marcos (high). School assignments should be verified directly with the district.

What are the property details for 508 Franklin Dr?

508 Franklin Dr is a Residential built in 1965 featuring 3 bedrooms, 2 full bathrooms, 1,262 square feet, 0.38-acre lot.

What are the property taxes for 508 Franklin Dr?

The most recent annual property tax for 508 Franklin Dr is $6,381. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 508 Franklin Dr?

This page does not assume a mortgage rate or publish a monthly payment for 508 Franklin Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 508 Franklin Dr compare with other homes in San Marcos?

As of Oct 22, 2026, 508 Franklin Dr is offered at $275,000. The current MLS snapshot shows 344 active listings in 78666. Keenan Group has completed 4 verified transactions in 78666 within its 1,000+ completed transactions and $1B+ career volume across Austin.

When was 508 Franklin Dr built?

508 Franklin Dr was built in 1965 (61 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for San Marcos

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/22/2026, 3:11:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/22/2026, 3:11:04 PM

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