About This Home

Well-maintained 2 bed, 2 bath condo just minutes from Texas State University, downtown San Marcos, and the San Marcos River! This functional unit features an open living/dining layout, hard surface flooring throughout, and two full bathrooms-perfect for roommates or students. Full kitchen with ample storage and in-unit laundry hookups. Reserved parking and a quiet, tree-shaded community close to H-E-B, dining, shopping, and I-35 for easy access to Austin or San Antonio. Ideal for owner-occupants or investors seeking strong rental potential in a prime location.

At $219/sqft, this home is 4% below the San Marcos active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1013 Chestnut St #4, San Marcos, TX 78666

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Property Details

Price $210,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 960 sqft

Lot Size 0.48 acres (20,847.82 sqft)

Year Built 1982

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Bent Tree Condos

County Hays

Zip Code 78666

$/sqft $219/sqft

Days on Market ,

HOA $335/Monthly

Annual Tax Est. $3,614.28

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT221814613

List Date March 23, 2026

Elementary School Crockett

Middle School Miller

High School San Marcos

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of San Marcos and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in San Marcos

Comparable Listings Right Now

Homes currently for sale in San Marcos with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

1064 Esplanade Pkwy
Trace Sub Sec A, Pa 1A Ph A-1 $210,000 $205 2 bd / 2 ba 1,026 sqft , 2026-08-07

120 Witchhazel Way
Blanco Vista $209,990 $205 2 bd / 2 ba 1,026 sqft , 2026-07-10

109 Bosque Dr
Trace Sub Sec A Pa 1A Ph A-2 $210,500 $205 2 bd / 2 ba 1,026 sqft , 2026-07-24

420 Spiny Lizard Ln
Trace Sub Sec A Pa 1A Ph A-2 $211,900 $207 2 bd / 2 ba 1,026 sqft , 2026-04-05

1202 Thorpe Ln #216
Village At Springtown Condos $205,000 $198 2 bd / 2 ba 1,036 sqft , 2026-04-08

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,008/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$42,000

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,008

Principal + Interest−$1,146

Property Tax (~2.1% TX avg)−$368

Insurance (~0.5%)−$88

Est. Monthly Cash Flow $-594

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near San Marcos, TX

San Marcos sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on March 24, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

1013 Chestnut St #4

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near San Marcos, TX

More Luxury Homes in San Marcos

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