About This Home

Fully remodeled 2BD/2BA on a rare 0.44-acre lot in San Marcos! Open floor plan, updated kitchen w/ stainless appliances & subway tile backsplash, wood flooring throughout, covered front porch. Large fenced backyard w/ mature shade trees, endless potential for entertaining, gardening, or expansion. Zoned to San Marcos CISD. Move-in ready!

At $250/sqft, this home is priced 9% above the San Marcos active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

125 Discovery Ln, San Marcos, TX 78666

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Property Details

Price $300,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,200 sqft

Lot Size 0.44 acres (19,166.4 sqft)

Year Built 2000

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Glenn Price

County Guadalupe

Zip Code 78666

$/sqft $250/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $1,546.05

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239349866

List Date July 10, 2026

Elementary School Bowie

Middle School Goodnight

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 · July 10, 2026 $320,000

Previous ask $310,000

Current ask $300,000

▼ Reduced $20,000 (-6.3%) 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

120 Scarborough Way
Millbrook Park Ph 2 $300,000 $200 3 bd / 2 ba 1,499 sqft , 2026-07-29

222 New Hampton Way
Millbrook Park Ph 2 $300,000 $200 3 bd / 2 ba 1,499 sqft , 2026-07-31

158 Paul Pena Dr
Trace Sub Pa 2B Sec D $299,990 $195 3 bd / 2 ba 1,542 sqft , 2026-06-07

108 Blackfoot Daisy Path
La Cima $298,147 $205 3 bd / 2 ba 1,454 sqft , 2026-05-01

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

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

$1,440/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

$60,000

20% conventional investment loan

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

Estimated Gross Rent+$1,440

Principal + Interest−$1,637

Property Tax (~2.1% TX avg)−$525

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-847

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 9, 2026.

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

125 Discovery Ln