Active Listing  ·  6 days on market

111 Manor Park Rd

San Marcos, TX 78666
$400,000
3 Bed 2 Bath 1,871 sqft $214/sqft Built 1989 0.50 acres 2-Car Garage Pool Hughson Heights II

Discover this beautifully maintained 3-bedroom, 2-bathroom home featuring a spacious, open-concept kitchen, dining, and living area. Upstairs, the private primary suite offers elevated views, a cozy fireplace, and an en-suite bath complete with a soaking tub and separate shower.

Step outside to enjoy a wonderful backyard shaded by mature trees. While the interior features classic finishes, the home is completely move-in ready—allowing you to comfortably settle in while taking your time with personalized cosmetic updates. Excellent location with quick access to TX State!

At $214/sqft, this home is 8% 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

111 Manor Park Rd, San Marcos, TX 78666

Property Details

Price $400,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,871 sqft
Lot Size 0.50 acres (21,780 sqft)
Year Built 1989
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hughson Heights II
County Hays
Zip Code 78666
$/sqft $214/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251914050
List Date November 6, 2026
Elementary School Crockett
Middle School Miller
High School San Marcos
School District San Marcos CISD

San Marcos CISD

Crockett · Miller · 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
1105 Delmar St
Westover
$362,500 $209 3 bd / 2 ba 1,732 sqft , 2026-11-11
134 E Hillcrest Dr
College Courts
$335,000 $220 3 bd / 2 ba 1,526 sqft , 2026-08-22
1716 Ramona Cir
Oak Knoll
$319,900 $184 3 bd / 3 ba 1,740 sqft , 2026-06-16
1405 Girard Ave
Z Williamson #3
$309,000 $208 4 bd / 3 ba 1,483 sqft , 2026-05-04
2037 Northview Dr
s0497- Bishop Crossing Subdivision Sec 1
$295,000 $187 3 bd / 3 ba 1,576 sqft , 2026-06-10

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (assumed ~2.1%)−$700
Insurance (assumed ~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 November 7, 2026.

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

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