Active Listing  ·  162 days on market

107 Friendship Oak Dr

San Marcos, TX 78666
$230,000
2 Bed 3 Bath 1,262 sqft $182/sqft Built 2017 0.08 acres Pool Blanco Vista Tr E-2

*** 4% Assumable Loan Available ***

This charming Craftsman-style home features an open-concept layout, the spacious living area flows seamlessly into the dining and kitchen spaces, perfect for both relaxed family living and entertaining. The kitchen boasts beautiful granite countertops, offering ample prep space. The home is free of carpet, with luxury vinyl planks on the stairs and tile floors downstairs that create a clean, inviting atmosphere throughout. A cozy front porch for you to relax and enjoy the neighborhood, while the fenced backyard provides a private retreat. Alley access and parking make coming and going a breeze, adding both convenience and privacy. Whether you're hosting friends or enjoying quiet evenings, this home offers a perfect blend of comfort, style, and practicality.

At $182/sqft, this home is 21% 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

107 Friendship Oak Dr, San Marcos, TX 78666

Property Details

Price $230,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,262 sqft
Lot Size 0.08 acres (3,545.78 sqft)
Year Built 2017
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Blanco Vista Tr E-2
County Hays
Zip Code 78666
$/sqft $182/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $5,694.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221180677
List Date March 5, 2026
Elementary School Blanco Vista Elem
Middle School Laura B Wallace
High School Jack C Hays
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.

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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
714 Stampede Rd
Blanco Vista Tr E-1
$230,000 $185 3 bd / 3 ba 1,244 sqft , 2026-06-04
162 Friendship Oak Dr
Blanco Vista Heritage Point
$230,000 $177 3 bd / 3 ba 1,300 sqft , 2026-06-25
105 Casita Cv
El Camino Real Ph 1 Sec 3A
$229,900 $167 3 bd / 2 ba 1,373 sqft , 2026-02-25
138 Rush Hvn #F073
Blanco River Village Condo
$229,900 $143 3 bd / 3 ba 1,608 sqft , 2026-04-07
310 Pat Garrison St #8
Maple Creek Condos
$229,000 $249 2 bd / 2 ba 918 sqft , 2026-06-03

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
$1,104/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
$46,000
20% conventional investment loan

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

Estimated Gross Rent+$1,104
Principal + Interest−$1,255
Property Tax (~2.1% TX avg)−$403
Insurance (~0.5%)−$96
Est. Monthly Cash Flow $-650

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 July 22, 2026.

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