About This Home

No HOA! This beautifully updated 4-bedroom, 2.5-bath home is located in the highly sought-after neighborhood of Oak Heights and Conveniently down the street from Crockett Elementary. The Central location to downtown and being within a mile from Texas State University makes this location hard to beat! The home features an open floorplan with Primary Bedroom and bathroom downstairs and 3 more bedrooms and full bath upstairs. Enjoy outdoor living in the expansive private backyard, shaded by mature trees and complete with a large deck and walkway to a second patio perfect for entertaining or relaxing.

At $233/sqft, this home is priced 3% above the San Marcos active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1405 Girard Ave, San Marcos, TX 78666

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Property Details

Price $345,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 1,483 sqft

Lot Size 0.20 acres (8,712 sqft)

Year Built 2000

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Z Williamson #3

County Hays

Zip Code 78666

$/sqft $233/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,946.05

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228764846

List Date May 4, 2026

Elementary School Crockett

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 · May 4, 2026 $390,000

Previous ask $375,000

Current ask $345,000

▼ Reduced $45,000 (-11.5%) 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

2047 Lisa Ln
Bishop Crossing Sub Sec 1 $349,000 $189 4 bd / 3 ba 1,848 sqft , 2026-06-26

134 E Hillcrest Dr
College Courts $335,000 $220 3 bd / 2 ba 1,526 sqft , 2026-08-22

1211 N Bishop St
Out/Hays (Common) / A00924 I WESTOVER SV-335 1/2(L $325,000 $226 3 bd / 3 ba 1,440 sqft , 2026-08-26

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

129 Park Ln
Bishop Crossing Sec 2 $299,900 $200 3 bd / 2 ba 1,500 sqft , 2026-09-03

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

$1,656/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

$69,000

20% conventional investment loan

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

Estimated Gross Rent+$1,656

Principal + Interest−$1,883

Property Tax (~2.1% TX avg)−$604

Insurance (~0.5%)−$144

Est. Monthly Cash Flow $-975

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 18, 2026.

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

1405 Girard Ave