Active Listing  ·  54 days on market

1221 W Hopkins St #2

San Marcos, TX 78666
$199,000
2 Bed 2 Bath 928 sqft $214/sqft Built 1985 0.31 acres Pool West End Condos

Extensively updated 2-bedroom, 1.5-bath condo in a prime San Marcos location, just one mile from Texas State University and minutes from downtown, the San Marcos River, parks, shopping, dining, and I-35.

Thoughtful renovations create a fresh, modern feel throughout. The kitchen features new countertops, cabinet doors and hardware, sink, faucet, refrigerator, and flooring. Fresh interior paint, updated lighting, new door hardware, and new flooring on the main level provide a cohesive look, while the updated half bath includes all-new fixtures. Upstairs, enjoy spacious bedrooms, a refreshed full bath with a professionally refinished tub, new faucet and lighting, plus a professionally installed water heater with exterior drainage. The HVAC has also been professionally cleaned.

Outdoor improvements include a new wood deck, native landscaping, decorative rock, a French drain, and enhanced drainage for easy, low-maintenance living. With stylish updates, functional improvements, and an unbeatable location near Texas State, downtown San Marcos, H-E-B, the outlets, and major commuter routes, this home is an excellent opportunity for owner-occupants or investors, subject to HOA restrictions.

At $214/sqft, this home is 5% below the San Marcos active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1221 W Hopkins St #2, San Marcos, TX 78666

Property Details

Price $199,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 928 sqft
Lot Size 0.31 acres (13,616.86 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Condominium
Subdivision West End Condos
County Hays
Zip Code 78666
$/sqft $214/sqft
Days on Market ,
HOA $379/Monthly
Annual Tax Est. $2,688.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241613050
List Date July 30, 2026
Elementary School Hernandez
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
506 W San Antonio St #205
The Crossing Condos
$219,000 $206 2 bd / 2 ba 1,063 sqft , 2026-06-14
421 W San Antonio St #i 2
Pecan Creek Condo
$219,500 $228 2 bd / 2 ba 961 sqft , 2026-06-27
711 N Bishop St
Westover
$170,000 $177 2 bd / 1 ba 963 sqft , 2026-06-26
421 W San Antonio St #A2
Pecan Creek Condo
$169,999 $216 2 bd / 1 ba 786 sqft , 2026-04-23
310 Pat Garrison St #8
Maple Creek Condos
$229,000 $249 2 bd / 2 ba 918 sqft , 2026-06-03

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
$955/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
$39,800
20% conventional investment loan

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

Estimated Gross Rent+$955
Principal + Interest−$1,086
Property Tax (~2.1% TX avg)−$348
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-562

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 August 1, 2026.

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