About This Home

Fantastic Location!! Located a short walk to the Texas State University Campus and the Student Recreation Center/Rugby Fields/Soccer Fields. Enjoy a leisurely walk on the Schulle Canyon Nature trail and bird viewing area located within two blocks. A community garden is located one block from the property. Roof replaced in September 2023, HVAC replaced in July 2024, Range/oven replaced in 2025. Original hardwood floors, Spacious two car garage, Large Screened in patio for an evening of enjoying the large tree covered backyard. Dwelling ready for immediate occupancy. Being sold AS IS.

At $209/sqft, this home is 8% 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

1306 Alamo St, San Marcos, TX 78666

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Property Details

Price $279,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 1,335 sqft

Lot Size 0.30 acres (12,946.03 sqft)

Year Built 1961

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision G A McNaughton 1st Add

County Hays

Zip Code 78666

$/sqft $209/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,736.34

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236566310

List Date June 16, 2026

Elementary School Travis

Middle School Miller

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 · June 16, 2026 $289,500

Previous ask $284,500

Current ask $279,000

▼ Reduced $10,500 (-3.6%) 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

1422 Meadow Pkwy
Holland Park Sub $280,000 $158 3 bd / 3 ba 1,774 sqft , 2026-08-07

1905 Castle Gate Cir
Castle Forest $265,000 $222 3 bd / 2 ba 1,194 sqft , 2026-07-06

2018 Nevada St
Castle Forest $260,000 $223 3 bd / 2 ba 1,166 sqft , 2026-09-22

102 Chaparral St
Hughson Heights I $250,000 $157 3 bd / 2 ba 1,589 sqft , 2026-07-18

1716 Ramona Cir
Oak Knoll $319,900 $184 3 bd / 3 ba 1,740 sqft , 2026-06-16

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

$1,339/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

$55,800

20% conventional investment loan

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

Estimated Gross Rent+$1,339

Principal + Interest−$1,523

Property Tax (~2.1% TX avg)−$488

Insurance (~0.5%)−$116

Est. Monthly Cash Flow $-788

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 16, 2026.

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

1306 Alamo St