Active Listing  ·  56 days on market

1104 Hilltop Dr

San Marcos, TX 78666
$315,000
3 Bed 3 Bath 1,770 sqft $178/sqft Built 1997 0.12 acres 2-Car Garage Pool Hills Of Hays Ph 1

Your search has ended! This 3-bedroom, 2 1/2-bath home delivers not only a spacious wide-open floor plan and gorgeous landscaping front and back but also upgrades that cover all the basics. These items have been replaced since 2023: roof, gutters, double-pane windows throughout. Energy-saving front door and sliding back door. Radiant barrier in attic helps with temperature control, provides year-round comfort and helps keep utility bills down. Seller-owned solar panels can produce up to 47kWh. There is a 50-gallon water heater, garbage disposal and Bosh dishwasher. Upstairs was just carpeted and beautiful, low-maintenance, water-efficient landscaping completes this well-maintained, move-in ready home. The city installed sidewalks for a 3-block walk to Paul Pena Park complete with playscape, basketball court, paved walking trail, skateboard ramp, picnic tables and beautiful landscaping. Close to I35 and downtown. House is totally move-in ready, energy-efficient and a serene place to call home.

At $178/sqft, this home is 22% 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

1104 Hilltop Dr, San Marcos, TX 78666

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,770 sqft
Lot Size 0.12 acres (5,018.11 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hills Of Hays Ph 1
County Hays
Zip Code 78666
$/sqft $178/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,812.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236480133
List Date June 19, 2026
Elementary School Dezavala
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
105 Lindheimer Ln
Alto
$314,990 $164 4 bd / 3 ba 1,924 sqft , 2025-08-18
308 River Hills Dr
River Hills #2
$323,990 $246 4 bd / 2 ba 1,315 sqft , 2026-06-15
500 Lockwood St
Sunset Acres
$305,000 $200 3 bd / 2 ba 1,528 sqft , 2026-07-21
813 Cardenas St
Alto
$299,990 $156 4 bd / 3 ba 1,924 sqft , 2025-08-19
113 Lindheimer Ln
Alto
$282,890 $198 3 bd / 2 ba 1,431 sqft , 2025-10-03

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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

More Luxury Homes in San Marcos

Loading…
View All Luxury Homes →
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 June 29, 2026.

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