Active Listing  ·  23 days on market

128 Lacey Oak Loop

San Marcos, TX 78666
$300,000
3 Bed 2 Bath 1,790 sqft $168/sqft Built 2020 0.12 acres 2-Car Garage Pool Blanco Vista Tr A

3% assumable loan, plus brand-new flooring and fresh paint throughout the entire home! This move-in-ready home offers a rare opportunity to take advantage of a low interest rate while enjoying a freshly updated interior in the sought-after Blanco Vista community.

Bright, open, and designed for easy indoor-outdoor living, natural light fills the spacious living area through an oversized window, while an impressive three-panel sliding glass door opens wide to the covered patio, creating a seamless connection to the backyard and bringing in fantastic airflow.

The open-concept layout flows effortlessly from the living area into the kitchen and dining space, making it ideal for both everyday living and entertaining. The kitchen features a large center island, generous cabinet and counter space, stainless steel appliances, and a layout that keeps everyone connected. A flexible bonus space provides the perfect spot for a home office, playroom, or additional living area.

Enjoy everything Blanco Vista has to offer, including a community pool and splash pad, hike-and-bike trails, a fishing pond, and Blanco Vista Elementary right within the neighborhood. Five Mile Dam Park and the Blanco River are within walking distance, offering easy access to trails, parks, sports fields, and outdoor recreation.

Conveniently located near I-35 with easy access to San Marcos, Kyle, and Austin, plus Texas State University, the San Marcos outlets, shopping, dining, and entertainment nearby. With a 3% assumable loan, brand-new flooring, fresh interior paint, abundant natural light, and fantastic neighborhood amenities, this home offers an opportunity that’s hard to beat.

At $168/sqft, this home is 25% below the San Marcos active market average of $225/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

128 Lacey Oak Loop, San Marcos, TX 78666

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,790 sqft
Lot Size 0.12 acres (5,288.18 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Blanco Vista Tr A
County Hays
Zip Code 78666
$/sqft $168/sqft
Days on Market ,
HOA $165/Quarterly
Annual Tax Est. $8,532.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242557761
List Date September 9, 2026
Elementary School Blanco Vista Elem
Middle School Laura B Wallace
High School Lehman
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
324 Witchhazel Way
Blanco Vista
$295,900 $226 3 bd / 3 ba 1,310 sqft , 2026-08-14
309 Witchhazel Way
Blanco Vista
$317,900 $214 3 bd / 2 ba 1,487 sqft , 2026-08-14
913 Blue Oak Blvd
Blanco Vista
$325,000 $195 3 bd / 2 ba 1,667 sqft , 2026-05-22
3113 Brand Iron Dr
Blanco Vista Tr K-1
$325,000 $181 3 bd / 2 ba 1,797 sqft , 2026-06-26
158 Preston Trl
Blanco Vista Ph 3 Sec 1
$260,000 $209 2 bd / 3 ba 1,244 sqft , 2026-08-05

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

More Luxury Homes in San Marcos

Loading…
View All Luxury Homes →
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 28, 2026.

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