Active Listing  ·  8 days on market

1241 Blue Oak Blvd

San Marcos, TX 78666
$346,000
3 Bed 2 Bath 1,820 sqft $190/sqft Built 2023 0.14 acres 2-Car Garage Pool Blanco Vista

Enjoy the space and flexibility of this 2023-built, single-story home in Blanco Vista! The 3-bedroom, 2-bath layout features two additional flex spaces, perfect for a home office, hobby room, playroom, or extra living space. The inviting open floor plan includes high ceilings, a spacious kitchen with a center island and walk-in pantry, and a great room with sliding glass doors leading to the covered back patio. Step outside to a spacious backyard with Hill Country views and a park/greenbelt behind the home. Additional features include a 2-car garage, sprinkler system, and modern finishes throughout. Located in the established Blanco Vista community with neighborhood amenities and access to Hays CISD.

At $190/sqft, this home is 15% below the San Marcos active market average of $223/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1241 Blue Oak Blvd, San Marcos, TX 78666

Property Details

Price $346,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,820 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Blanco Vista
County Hays
Zip Code 78666
$/sqft $190/sqft
Days on Market ,
HOA $165/Quarterly
Annual Tax Est. $8,252.87
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246393972
List Date October 15, 2026
Elementary School Blanco Vista Elem
Middle School Laura B Wallace
High School Jack C Hays
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.

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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
358 DENALI Dr
PARAMOUNT
$349,000 $209 4 bd / 2 ba 1,672 sqft , 2026-06-18
368 Banff Dr
Paramount Sec Two
$350,000 $157 4 bd / 3 ba 2,232 sqft , 2026-03-20
702 Silo St
Blanco Vista Tr E-1
$350,000 $165 3 bd / 3 ba 2,118 sqft , 2026-05-08
368 Denali Dr
Paramount
$333,000 $183 4 bd / 3 ba 1,822 sqft , 2026-04-16
121 Pincea Pl
Blanco Vista Tr D
$359,900 $185 3 bd / 2 ba 1,942 sqft , 2026-03-19

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
$1,661/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
$69,200
20% conventional investment loan

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

Estimated Gross Rent+$1,661
Principal + Interest−$1,888
Property Tax (~2.1% TX avg)−$606
Insurance (~0.5%)−$144
Est. Monthly Cash Flow $-977

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 October 16, 2026.

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