Active Listing  ·  68 days on market

102 Elm Hill Ct

San Marcos, TX 78666
$349,000
3 Bed 3 Bath 1,750 sqft $199/sqft Built 1995 0.16 acres 2-Car Garage Pool Elm Hill Sec 2

Seller is offering $10,000 incentive to buyer!!!

Imagine living just minutes from everything that makes San Marcos one of the most exciting and desirable places to call home. This beautifully maintained custom residence is located less than a mile from Texas State University, putting classes, sporting events, concerts, theater performances, dining, and the vibrant energy of campus life right at your fingertips.

Designed for both comfort and convenience, this move-in-ready home features 3 spacious bedrooms, 2.5 bathrooms, and a collection of thoughtful upgrades that add lasting value and peace of mind. Recent improvements—including tinted windows for enhanced energy efficiency, a quiet-grade garage door, new quartz kitchen counter tops, and custom window treatments throughout—mean you can enjoy modern comfort without the expense or hassle of future projects.

What truly sets this property apart is its incredible outdoor living experience. Step into your own professionally landscaped backyard sanctuary, where lush greenery and a peaceful, park-like setting create the perfect escape from the everyday. The stunning three-tier deck, complete with a retractable Sun setter awning, extends your living space outdoors—ideal for entertaining guests, enjoying your morning coffee, or relaxing year-round in comfort and style.

For outdoor enthusiasts, the location is simply unmatched. The North LBJ Trailhead sits directly behind the home, providing immediate access to the breathtaking Spring Lake Natural Area. Explore miles of scenic trails, enjoy spectacular hill country views, and take advantage of easy access to the crystal-clear, spring-fed San Marcos River. Few properties offer such a rare combination of natural beauty and urban convenience.

Whether you're looking for a primary residence, a university-area home, or a property that delivers an active lifestyle, this exceptional home offers the perfect balance of location, comfort, and recreation.

At $199/sqft, this home is 12% 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 Elm Hill Ct, San Marcos, TX 78666

Property Details

Price $349,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,750 sqft
Lot Size 0.16 acres (6,799.72 sqft)
Year Built 1995
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Elm Hill Sec 2
County Hays
Zip Code 78666
$/sqft $199/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,996.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240034423
List Date July 16, 2026
Elementary School Crockett
Middle School Goodnight
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 →

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
134 E Hillcrest Dr
College Courts
$335,000 $220 3 bd / 2 ba 1,526 sqft , 2026-08-22
1422 Meadow Pkwy
Holland Park Sub
$280,000 $158 3 bd / 3 ba 1,774 sqft , 2026-08-07
1306 Alamo St
G A McNaughton 1st Add
$279,000 $209 3 bd / 1 ba 1,335 sqft , 2026-06-16
102 Chaparral St
Hughson Heights I
$250,000 $157 3 bd / 2 ba 1,589 sqft , 2026-07-18

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 15, 2026.

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