Active Listing  ·  27 days on market

1211 N Bishop St

San Marcos, TX 78666
$325,000
3 Bed 3 Bath 1,440 sqft $226/sqft Built 2020 0.40 acres Pool Out/Hays (Common) / A00924 I WESTOVER SV-335 1/2(L

Double lot property in the heart of San Marcos! Whether you're looking to rent it out or live in it yourself, this one delivers, just three minutes from Texas State University. Relax on the Texas sized front porch and enjoy the near constant breeze. Lovely and well maintained, this home is drop your bags, move in ready. Inside, you'll find 3 bedrooms and 2.5 baths, perfect for guests, with walk in showers in every bathroom. Stunning hardwood floors and beautiful 24x12 ceramic tile run throughout, adding warmth and a polished, upscale feel. The updated kitchen features a large island with tons of storage. Out back, the lot is a rare find at just under half an acre. A well appointed 2 car covered carport with attached storage offers A/C and plenty of outlets, ideal as a home office, project room, or climate controlled storage. Property has the best of both worlds, currently on city water & sewer but also features a well if you wanted to transfer to well water. All this less than 10 minutes from the fun and walkable downtown San Marcos. A fantastic opportunity to plant roots in one of Texas's fastest growing towns.

At $226/sqft, this home is priced in line with the San Marcos market average of $226/sqft across 437 active listings. View Austin market report →

Location

1211 N Bishop St, San Marcos, TX 78666

Property Details

Price $325,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,440 sqft
Lot Size 0.40 acres (17,424 sqft)
Year Built 2020
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Out/Hays (Common) / A00924 I WESTOVER SV-335 1/2(L
County Hays
Zip Code 78666
$/sqft $226/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244623769
List Date August 26, 2026
Elementary School Crockett
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 →

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 · August 26, 2026 $345,000
Current ask $325,000
Reduced $20,000 (-5.8%) 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
1716 Ramona Cir
Oak Knoll
$319,900 $184 3 bd / 3 ba 1,740 sqft , 2026-06-16
1405 Girard Ave
Z Williamson #3
$345,000 $233 4 bd / 3 ba 1,483 sqft , 2026-05-04
2047 Lisa Ln
Bishop Crossing Sub Sec 1
$349,000 $189 4 bd / 3 ba 1,848 sqft , 2026-06-26
129 Park Ln
Bishop Crossing Sec 2
$299,900 $200 3 bd / 2 ba 1,500 sqft , 2026-09-03
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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 September 16, 2026.

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