Active Listing  ·  1 day on market

138 Wainscot Oak Way

San Marcos, TX 78666
$219,900
3 Bed 2 Bath 1,176 sqft $187/sqft Built 2015 0.09 acres Pool Blanco Vista Tr E-1

Resort-style amenities, and a gorgeous place to call home... Welcome to 138 Wainscot Oak Way! Bathed in natural

light, this beautifully maintained home offers an open concept layout, a modern color palette, and luxury vinyl plank

flooring throughout- no carpet! The spacious kitchen is the heart of the home and features granite countertops, a

center island, chic backsplash, and coordinating stainless appliances. Skip the vacation and enjoy the resort-style

amenities offered in San Marcos' premier master-planned community including a Junior Olympic swimming pool,

splash pad, hike-and-bike trails, multiple neighborhood playgrounds, and a stocked catch-and-release fishing pond.

Love exploring? This Hill Country gem is just minutes from the sparkling Blanco River, Texas State University, the

historic Downtown Square, and local favorites like Palmer's, Zelick's, Root Cellar Cafe, and Sean Patrick's Irish Pub.

Whether you're floating the river, meeting friends downtown, or catching a Texas-sized sunset by the pool, life is

simply better at 138 Wainscot Oak Way. Welcome home.

At $187/sqft, this home is 17% 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

138 Wainscot Oak Way, San Marcos, TX 78666

Property Details

Price $219,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,176 sqft
Lot Size 0.09 acres (3,746.16 sqft)
Year Built 2015
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Blanco Vista Tr E-1
County Hays
Zip Code 78666
$/sqft $187/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. $5,271.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248271676
List Date October 1, 2026
Elementary School Blanco Vista Elem
Middle School Laura B Wallace
High School Jack C Hays
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
134 Silo St
Blanco Vista Ph 1-A
$225,000 $170 3 bd / 2 ba 1,326 sqft , 2026-09-28
714 Stampede Rd
Blanco Vista Tr E-1
$230,000 $185 3 bd / 3 ba 1,244 sqft , 2026-06-04
107 Friendship Oak Dr
Blanco Vista Tr E-2
$199,999 $158 2 bd / 3 ba 1,262 sqft , 2026-03-05
258 Quail Ridge Dr
Quail Ridge Sub
$197,900 $163 2 bd / 2 ba 1,216 sqft , 2026-05-16
1058 Sand Post Pl
Blanco Vista Tr E-3
$245,000 $205 2 bd / 3 ba 1,194 sqft , 2026-06-29

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
$1,056/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
$43,980
20% conventional investment loan

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

Estimated Gross Rent+$1,056
Principal + Interest−$1,200
Property Tax (~2.1% TX avg)−$385
Insurance (~0.5%)−$92
Est. Monthly Cash Flow $-621

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 October 2, 2026.

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