Active Listing  ·  42 days on market

1174 Esplanade Pkwy

San Marcos, TX 78666
$224,900
3 Bed 2 Bath 1,102 sqft $204/sqft Built 2022 0.09 acres Pool Trace Sub Pa 1A Sec C

Welcome to 1174 Esplanade Parkway — the kind of home that just feels right.

Built in 2022 and lovingly refreshed since, this single-story 3-bedroom, 2-bath home in the Trace community has been cared for in all the ways that matter: fresh paint throughout, warm vinyl flooring in the bedrooms, updated bathroom fixtures, and thoughtful touches outside like custom landscaping and freshly stained fencing. It's young enough to feel new, but loved enough to feel like home.

Mornings start on the covered front patio with a cup of coffee and a wave to the neighbors. Evenings wind down in the large private backyard — room for the dogs to run, kids to play, a garden to grow, or a grill to work overtime on a Saturday. Two-car parking in the rear keeps the front of the home looking as charming as it lives.

And then there's Trace. This master-planned San Marcos community is the kind of neighborhood people genuinely root for — a resort-style pool for the hot months, greenspace and parks woven throughout, and Rodriguez Elementary right inside the neighborhood, so the school run is a stroll, not a commute.

The location earns its keep, too: minutes to Texas State University, easy I-35 access for commutes to Austin or San Antonio, and just five minutes from the outlet malls, great local restaurants, and the San Marcos River — because around here, tubing really is a lifestyle amenity.

Whether you're buying your first home, investing in a town with steady Texas State demand, or simply looking for a place to put down roots and stay awhile — come see this one in person. It shows even better than it reads.

At $204/sqft, this home is 11% 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

1174 Esplanade Pkwy, San Marcos, TX 78666

Property Details

Price $224,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,102 sqft
Lot Size 0.09 acres (3,820.21 sqft)
Year Built 2022
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Trace Sub Pa 1A Sec C
County Hays
Zip Code 78666
$/sqft $204/sqft
Days on Market ,
HOA $85/Monthly
Annual Tax Est. $4,716.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238627430
List Date July 3, 2026
Elementary School Rodriguez (San Marcos ISD)
Middle School Miller
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
310 Pat Garrison St #8
Maple Creek Condos
$229,000 $249 2 bd / 2 ba 918 sqft , 2026-06-03
105 Casita Cv
El Camino Real Ph 1 Sec 3A
$229,900 $167 3 bd / 2 ba 1,373 sqft , 2026-02-25
107 Friendship Oak Dr
Blanco Vista Tr E-2
$230,000 $182 2 bd / 3 ba 1,262 sqft , 2026-03-05
714 Stampede Rd
Blanco Vista Tr E-1
$230,000 $185 3 bd / 3 ba 1,244 sqft , 2026-06-04
162 Friendship Oak Dr
Blanco Vista Heritage Point
$230,000 $177 3 bd / 3 ba 1,300 sqft , 2026-06-25

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
$1,080/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
$44,980
20% conventional investment loan

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

Estimated Gross Rent+$1,080
Principal + Interest−$1,227
Property Tax (~2.1% TX avg)−$394
Insurance (~0.5%)−$94
Est. Monthly Cash Flow $-635

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 · 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 July 6, 2026.

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