
Gorgeous 3-bedroom, 2.5-bath home offering 1,952 sq. ft. in the main house, plus a 572 sq. ft. detached garage apartment—perfect for guests, a home office, or rental income. The main home features an open-concept floor plan with a spacious living area and a beautifully appointed kitchen complete with granite countertops, ample cabinetry, and plenty of room for entertaining. Located on Franklin Street in one of the area's most established and sought-after neighborhoods, this home is just minutes from Crockett Elementary, Wake the Dead Coffee House, and downtown, providing easy access to dining, entertainment, and local attractions. The detached garage apartment offers its own private entrance, an open living space, a convenient kitchenette, and a full bathroom, making it ideal for long-term tenants, short-term guests, or multigenerational living. Live comfortably in the main house while generating additional income from the apartment. Don't miss this rare opportunity to own a versatile property in a prime location that combines charm, convenience, and excellent income potential.
Property Type
Residential
Year Built
2016
Lot Size
0.32 acres
$/Sq Ft
$282
Garage
2 spaces
Listed by Hart Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
511 Franklin DR is listed at $550,000 with 4 bedrooms, 3 full, 1 half bathrooms, 1,952 square feet, 0.32-acre lot. This places it above the 78666 median of $505,000.
511 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.
511 Franklin DR is a Residential built in 2016 featuring 4 bedrooms, 3 full, 1 half bathrooms, 1,952 square feet, 0.32-acre lot.
511 Franklin DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 511 Franklin DR is $10,651. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $515,385 | $126,570 | $388,815 |

SanMarcosCONSISD
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.
20% ($110K)
$550,000
Luxury property intelligence
A sourced read on Oak Heights pricing, timing, and property scale. No automated valuation claim.
List price
$550,000
Price per sqft
$282/sqft
Vs. Oak Heights median
Not available
Days on market
11 days
Original to current
$25K reduction
$575K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($110,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 511 Franklin DR is around $3,741 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $550,000, 511 Franklin DR is in the Oak Heights market where there are currently 330 active listings in 78666. The Keenan Group has completed 1 transactions in 78666 as part of 1,000+ career sales totaling $1B+ across Austin.
511 Franklin DR was built in 2016, making it 10 years old with relatively recent construction.
511 Franklin DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
4 events on record
Current Price
$550,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $515,385 | $126,570 | $388,815 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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