About This Home

Charming three-bedroom, two-bath home built in the 1950s. It features beautiful wood floors and ceramic tile throughout, plus a one care garage and a big backyard perfect for relaxing or entertaining. Recently remodeled with over $41K spent on improvements like new plumbing, sewer, and furnace. So, it is move in ready with modern updates while keeping that classic character.

At $220/sqft, this home is 3% 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

134 E Hillcrest Dr, San Marcos, TX 78666

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Property Details

Price $335,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,526 sqft

Lot Size 0.25 acres (10,890 sqft)

Year Built 1957

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision College Courts

County Hays

Zip Code 78666

$/sqft $220/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,158.84

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244342250

List Date August 22, 2026

Elementary School Crockett

Middle School Goodnight

High School San Marcos

School District ,

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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

1405 Girard Ave
Z Williamson #3 $345,000 $233 4 bd / 3 ba 1,483 sqft , 2026-05-04

102 Elm Hill Ct
Elm Hill Sec 2 $349,000 $199 3 bd / 3 ba 1,750 sqft , 2026-07-16

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

1306 Alamo St
G A McNaughton 1st Add $279,000 $209 3 bd / 1 ba 1,335 sqft , 2026-06-16

1105 Delmar St
Westover $397,500 $230 3 bd / 2 ba 1,732 sqft , 2026-07-20

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

$1,608/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

$67,000

20% conventional investment loan

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

Estimated Gross Rent+$1,608

Principal + Interest−$1,828

Property Tax (~2.1% TX avg)−$586

Insurance (~0.5%)−$140

Est. Monthly Cash Flow $-946

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 23, 2026.

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

134 E Hillcrest Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near San Marcos, TX

More Luxury Homes in San Marcos

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