Active Listing  ·  66 days on market

102 Chaparral St

San Marcos, TX 78666
$250,000
3 Bed 2 Bath 1,589 sqft $157/sqft Built 1987 0.22 acres 2-Car Garage Pool Hughson Heights I

Opportunity knocks! This 3-bedroom, 2-bath home offers outstanding value on a desirable corner lot with mature trees, a fenced backyard, and a two-car garage. Major updates are already in place, including paid-off solar panels, a 6-year-old roof, and a newer HVAC system, allowing you to focus on adding your own cosmetic touches. The functional floor plan provides comfortable living, while the prime location just minutes from Texas State University, shopping, dining, schools, and medical facilities makes this home ideal for owner-occupants, investors, or parents seeking housing for a Texas State student. Priced to reflect cosmetic updates, this is a fantastic opportunity to build equity and make it your own. Schedule your showing today!

At $157/sqft, this home is 31% below the San Marcos active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

102 Chaparral St, San Marcos, TX 78666

Property Details

Price $250,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,589 sqft
Lot Size 0.22 acres (9,430.74 sqft)
Year Built 1987
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hughson Heights I
County Hays
Zip Code 78666
$/sqft $157/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,316.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240385600
List Date July 18, 2026
Elementary School Crockett
Middle School Miller
High School San Marcos
School District ,

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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 18, 2026 $299,000
Previous ask $275,000
Current ask $250,000
Reduced $49,000 (-16.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2018 Nevada St
Castle Forest
$260,000 $223 3 bd / 2 ba 1,166 sqft , 2026-09-22
1905 Castle Gate Cir
Castle Forest
$265,000 $222 3 bd / 2 ba 1,194 sqft , 2026-07-06
2003 Ramona Cir
Castle Forest
$269,000 $198 3 bd / 2 ba 1,360 sqft , 2026-02-22
1306 Alamo St
G A McNaughton 1st Add
$279,000 $209 3 bd / 1 ba 1,335 sqft , 2026-06-16
1422 Meadow Pkwy
Holland Park Sub
$280,000 $158 3 bd / 3 ba 1,774 sqft , 2026-08-07

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$438
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-706

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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 September 3, 2026.

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