Active Listing  ·  16 days on market

1348 Morris Loop

San Marcos, TX 78666
$278,990
3 Bed 2 Bath 1,662 sqft $168/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Cottonwood Creek

Let’s Talk About the Moonbeam, enter the home from the front porch into a welcoming foyer, where two bedrooms are located at the front of the home and share a full bath. As you continue down the hall, you’ll pass the laundry room, a coat closet, and access to the two-car garage. The home then opens into the kitchen, dining area, and family room, creating a spacious and inviting main living space. A patio is located just off the family room, perfect for outdoor relaxing. Tucked off the dining area is the primary bedroom, featuring a private bath and a generous walk-in closet.

At $168/sqft, this home is 27% below the San Marcos active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1348 Morris Loop, San Marcos, TX 78666

Property Details

Price $278,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,662 sqft
Lot Size 0.14 acres (6,054.84 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cottonwood Creek
County Guadalupe
Zip Code 78666
$/sqft $168/sqft
Days on Market ,
HOA $36/Monthly
Annual Tax Est. $249.96
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241609734
List Date July 29, 2026
Elementary School Mendez
Middle School Goodnight
High School San Marcos
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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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 29, 2026 $290,990
Previous ask $289,990
Current ask $278,990
Reduced $12,000 (-4.1%) 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
422 Low Pasture Trl
Sunset Oaks Sec 1 Ph 2
$279,000 $195 3 bd / 2 ba 1,434 sqft , 2026-03-31
113 Moonrise Dr
Cottonwood Creek Ph 3 Unit 4
$279,000 $148 4 bd / 3 ba 1,890 sqft , 2026-06-22
220 Hazy View Rd
Sky Ridge
$279,990 $174 3 bd / 2 ba 1,606 sqft , 2026-06-22
1337 Morris Loop
Cottonwood Creek
$279,990 $182 3 bd / 2 ba 1,536 sqft , 2026-07-29
658 Soapstone Pass
Sunset Oaks
$277,600 $177 3 bd / 2 ba 1,566 sqft , 2026-05-06

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
$55,798
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

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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 August 13, 2026.

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