About This Home

NEW CONSTRUCTION BY ASHTON WOODS! Available March 2026! This single story is set in the Master Planned Community of La Cima nestled in the Hill Country in West San Marcos. This home features LVP throughout including the Primary. This home features AW Laguna Core Collection with 42" rich Almond Shaker cabinets and gold hardware. This home also has quart countertops, gold kitchen faucet, 8' front door, and tankless water heater. Come see the best kept secret in the Hill Country.

At $195/sqft, this home is 15% 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

121 Knockout Rose Dr, San Marcos, TX 78666

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Property Details

Price $295,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,520 sqft

Lot Size 0.09 acres (4,007.52 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision La Cima

County Hays

Zip Code 78666

$/sqft $195/sqft

Days on Market ,

HOA $195/Quarterly

Annual Tax Est. $985.17

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT219901361

List Date February 19, 2026

Elementary School Hernandez

Middle School Miller

High School San Marcos

School District ,

Have Questions About This Property?

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 · February 19, 2026 $339,860

Previous ask $295,330

Current ask $295,900

▼ Reduced $43,960 (-12.9%) 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

341 W Spiny Lizard Ln W
Trace Sub Pa 1B Sec B $296,000 $190 3 bd / 2 ba 1,556 sqft , 2026-06-17

212 Lt John Decker Dr
Trace Sub Pa 2B Sec B $295,000 $198 3 bd / 2 ba 1,489 sqft , 2026-05-05

330 Grandview Dr
Eaglepoint Sub $295,000 $176 4 bd / 2 ba 1,680 sqft , 2026-06-24

601 Zunker St
Mill - Mill St Area-Residentia-Mill $295,000 $259 3 bd / 2 ba 1,140 sqft , 2026-06-26

125 Escala Way
Whisper Mixed Use Sub Ph 2 $295,000 $144 4 bd / 3 ba 2,044 sqft , 2026-06-23

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

$1,420/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

$59,180

20% conventional investment loan

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

Estimated Gross Rent+$1,420

Principal + Interest−$1,615

Property Tax (~2.1% TX avg)−$518

Insurance (~0.5%)−$123

Est. Monthly Cash Flow $-836

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

About the Author

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 August 11, 2026.

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

121 Knockout Rose Dr