Active Listing  ·  134 days on market

117 Morningside Grv

San Marcos, TX 78666
$357,500
4 Bed 3 Bath 2,473 sqft $145/sqft Built 2026 0.11 acres 2-Car Garage Pool New Construction WHISPER SOUTH

The Nicole is a spacious two-story home in Whisper South offering 4 bedrooms, 3 bathrooms, 2,473 square feet of living space, a game room, and a 2-car garage. A welcoming foyer leads past a secondary bedroom and full bath before opening into the expansive family room, dining area, and kitchen.

The kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, a large center island, and a walk-in pantry. The open-concept layout creates an ideal space for entertaining and everyday living.

Upstairs, the private primary suite includes a walk-in shower, dual vanities, and a large walk-in closet. A centrally located game room provides additional living space, while secondary bedrooms offer flexibility for guests, home office, or hobbies.

Additional features include vinyl flooring in main living areas, covered patio, irrigation system, privacy fencing, energy-efficient construction, and D.R. Horton’s America’s Smart Home package with video doorbell, smart lock, thermostat, home hub, and smart switch.

Located in Whisper South with convenient access to I-35, Texas State University, downtown San Marcos, shopping, dining, and major employment centers.

At $145/sqft, this home is 37% 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

117 Morningside Grv, San Marcos, TX 78666

Property Details

Price $357,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,473 sqft
Lot Size 0.11 acres (4,922.28 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision WHISPER SOUTH
County Hays
Zip Code 78666
$/sqft $145/sqft
Days on Market ,
HOA $495/Annually
Annual Tax Est. $2.22
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238331449
List Date July 1, 2026
Elementary School Travis
Middle School Miller
High School San Marcos
School District SanMarcosCONSISD

SanMarcosCONSISD

Travis · 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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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 · July 1, 2026 $365,000
Current ask $357,500
▼ Reduced $7,500 (-2.1%) 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
253 Mary Max Cir
The Retreat On Willow Creek Ph 4
$349,900 $153 3 bd / 3 ba 2,286 sqft , 2026-11-06
2621 Deer Stand Loop
Hunters Hill Sub Sec 2
$330,000 $189 3 bd / 2 ba 1,744 sqft , 2026-06-19
321 Quarry Springs Dr
Quarry Spgs Sec 2
$439,900 $217 3 bd / 2 ba 2,023 sqft , 2026-07-22

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
$1,716/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
$71,500
20% conventional investment loan

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

Estimated Gross Rent+$1,716
Principal + Interest−$1,951
Property Tax (assumed ~2.1%)−$626
Insurance (assumed ~0.5%)−$149
Est. Monthly Cash Flow $-1,010

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 21, 2026.

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

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