Active Listing  ·  97 days on market

1422 Meadow Pkwy

San Marcos, TX 78666
$260,000
3 Bed 3 Bath 1,774 sqft $147/sqft Built 2002 0.13 acres 2-Car Garage Pool Holland Park Sub
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About This Home

Freshly updated 3-bedroom 2.5-bath home located in a desirable neighborhood just minutes from Texas State University. The entire interior has been freshly painted and features vinyl wood flooring throughout the home.

The functional floor plan offers spacious living areas and a well-appointed kitchen. Conveniently located near shopping, dining, parks, and easy access to major roads, this home is a great option for owner-occupants or investors alike.

Move-in ready and in a prime location—schedule your showing today!

At $147/sqft, this home is 37% below the San Marcos active market average of $232/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1422 Meadow Pkwy, San Marcos, TX 78666

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Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,774 sqft
Lot Size 0.13 acres (5,488.56 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Holland Park Sub
County Hays
Zip Code 78666
$/sqft $147/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,567.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238974626
List Date August 7, 2026
Elementary School Crockett
Middle School Goodnight
High School San Marcos
School District San Marcos CISD

School District

San Marcos CISD

Crockett · Goodnight · San Marcos

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.

Schedule a Call →

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 · August 7, 2026 $300,000
Previous ask $275,000
Current ask $260,000
▼ Reduced $40,000 (-13.3%) 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
1306 Alamo St
G A McNaughton 1st Add $275,000 $206 3 bd / 1 ba 1,335 sqft , 2026-06-16
1405 Girard Ave
Z Williamson #3 $309,000 $208 4 bd / 3 ba 1,483 sqft , 2026-05-04
102 Chaparral St
Hughson Heights I $199,000 $125 3 bd / 2 ba 1,589 sqft , 2026-07-18
134 E Hillcrest Dr
College Courts $335,000 $220 3 bd / 2 ba 1,526 sqft , 2026-08-22

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (assumed ~2.1%)−$455
Insurance (assumed ~0.5%)−$108
Est. Monthly Cash Flow $-734

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 · 41 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. The written content was last updated on November 3, 2026.

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

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