Active Listing  ·  146 days on market

1104 Hilltop Dr

San Marcos, TX 78666
$275,000
3 Bed 3 Bath 1,770 sqft $155/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 $155/sqft, this home is 33% 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

1104 Hilltop Dr, San Marcos, TX 78666

Property Details

Price $275,000
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 $155/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 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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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 · June 19, 2026 $315,000
Previous ask $299,000
Current ask $275,000
▼ Reduced $40,000 (-12.7%) 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
1133 Lago Vista St
Hills Of Hays Ph 1
$275,000 $168 2 bd / 2 ba 1,641 sqft , 2026-10-19
813 Cardenas St
Alto
$286,790 $149 4 bd / 3 ba 1,924 sqft , 2025-08-19
1504 Parkview Ln
Mockingbird Hills
$260,000 $181 4 bd / 2 ba 1,436 sqft , 2026-11-05
500 Lockwood St
Sunset Acres
$305,000 $200 3 bd / 2 ba 1,528 sqft , 2026-07-21
308 River Hills Dr
River Hills #2
$319,990 $243 4 bd / 2 ba 1,315 sqft , 2026-06-15

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (assumed ~2.1%)−$481
Insurance (assumed ~0.5%)−$115
Est. Monthly Cash Flow $-777

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 17, 2026.

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

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