#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Ideally situated just minutes from Texas State University, this charming 2-bedroom, 1-bath home offers the perfect blend of convenience, character, and lifestyle. Enjoy easy access to campus, Downtown San Marcos, local restaurants, coffee shops, shopping, and entertainment. Popular destinations including Industry, Mochas & Javas, Cafe Cortado, and the vibrant Downtown Square are all just moments away. Inside, you'll find hardwood floors and an open-concept kitchen featuring a center island, creating a functional and inviting space for everyday living. Step outside to a spacious 12' x 10' back deck, complete with a privacy fence—perfect for relaxing, entertaining, or enjoying the peaceful surroundings. The property is shaded by mature trees soaring over 20 feet tall, providing exceptional natural beauty and welcome relief during the Texas summer months. With quick access to IH-35, nearby recreation along the San Marcos River, and strong owner-occupant or rental appeal, this home is an excellent opportunity in one of San Marcos' most convenient locations.
Property Type
Residential
Year Built
1970
Lot Size
0.16 acres
$/Sq Ft
$346
Garage
2 spaces
Listed by Elite Realty Advisors
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
517 W Martin Luther King DR is listed at $248,800 with 2 bedrooms, 1 full bathrooms, 720 square feet, 0.16-acre lot.
517 W Martin Luther King DR is zoned for SanMarcosCONSISD with assigned schools: Hernandez (elementary), Goodnight (middle), San Marcos (high). School assignments should be verified directly with the district.
517 W Martin Luther King DR is a Residential built in 1970 featuring 2 bedrooms, 1 full bathrooms, 720 square feet, 0.16-acre lot.
517 W Martin Luther King 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 517 W Martin Luther King DR is $3,114. 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.
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% ($50K)
$248,800
Luxury property intelligence
A sourced read on D S Combs Add pricing, timing, and property scale. No automated valuation claim.
List price
$248,800
Price per sqft
$346/sqft
Vs. D S Combs Add median
Not available
Days on market
12 days
Original to current
$10K reduction
$258.8K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 13, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($49,760) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 517 W Martin Luther King DR is around $1,550 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $248,800, 517 W Martin Luther King DR is in the D S Combs Add market where there are currently 304 active listings in 78666. The Keenan Group has completed 1 transactions in 78666 as part of 1,000+ career sales totaling $1B+ across Austin.
517 W Martin Luther King DR was built in 1970 (56 years ago). Buyers should budget for potential updates to major systems.
517 W Martin Luther King 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.
2 events on record
Current Price
$248,800
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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