Active Listing  ·  15 days on market

1100 Mira Loma Ln

San Marcos, TX 78666
$215,000
3 Bed 2 Bath 1,230 sqft $175/sqft Built 1996 0.19 acres 2-Car Garage Pool Hills Of Hays Ph 1

Seller-paid 2-1 rate buydown! Get a lower interest rate for your first two years of ownership, paid for by the seller. 1100 Mira Loma Ln is a single-story home on a 0.19-acre corner lot with NO HOA and a 2.07 tax rate, so you get more yard and fewer monthly fees than most new construction nearby. Some big-ticket items are already done: the roof was replaced in 2024, and the A/C condenser and garage door were replaced within the past five years. This 3-bedroom, 2-bath home has no carpet, laminate flooring throughout, a living room fireplace, stainless steel appliances, and painted kitchen cabinets. The refrigerator, washer, dryer, and mounted TV all convey. Out back, a pergola-covered patio, raised garden beds, mature trees, and established flower gardens give you room to relax, garden, or entertain. Add your own finishing touches and build equity in an established neighborhood minutes from I-35, shopping, dining, and Texas State University.

At $175/sqft, this home is 25% below the San Marcos active market average of $232/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1100 Mira Loma Ln, San Marcos, TX 78666

Property Details

Price $215,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,230 sqft
Lot Size 0.19 acres (8,324.32 sqft)
Year Built 1996
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hills Of Hays Ph 1
County Hays
Zip Code 78666
$/sqft $175/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,725.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250821952
List Date October 28, 2026
Elementary School Dezavala
Middle School Goodnight
High School San Marcos
School District SanMarcosCONSISD

SanMarcosCONSISD

Dezavala · Goodnight · San Marcos

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
1153 Overlook Way
Hills Of Hays Ph 1
$214,900 $179 3 bd / 2 ba 1,202 sqft , 2026-09-16
309 Ellis St
Guerrero
$209,900 $150 3 bd / 2 ba 1,396 sqft , 2026-07-09
1504 Parkview Ln
Mockingbird Hills
$260,000 $181 4 bd / 2 ba 1,436 sqft , 2026-11-05
1133 Lago Vista St
Hills Of Hays Ph 1
$275,000 $168 2 bd / 2 ba 1,641 sqft , 2026-10-19

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
$1,032/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
$43,000
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (assumed ~2.1%)−$376
Insurance (assumed ~0.5%)−$90
Est. Monthly Cash Flow $-607

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 · 41 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. The written content was last updated on October 30, 2026.

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

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