About This Home

Welcome to 1504 Parkview Ln, a fully remodeled, move-in ready 4 bedroom, 2 bathroom, 1,436 sq ft home on a corner lot in a quiet cul-de-sac in Mockingbird Hills, San Marcos. Single level living with a covered patio and a fenced back yard, perfect for enjoying the large lot. The kitchen features granite countertops, a gas range and microwave. Central air and heat, public water and sewer, and no HOA. Easy access to I-35 and TX-123, in San Marcos CISD. Schedule your showing today!

At $181/sqft, this home is 22% 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

1504 Parkview Ln, San Marcos, TX 78666

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Property Details

Price $260,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,436 sqft

Lot Size 0.20 acres (8,611.81 sqft)

Year Built 1982

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Mockingbird Hills

County Hays

Zip Code 78666

$/sqft $181/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,100

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT251448370

List Date November 5, 2026

Elementary School Dezavala

Middle School Goodnight

High School San Marcos

School District San Marcos CISD

School District

San Marcos CISD

Dezavala · 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.

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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

1104 Hilltop Dr
Hills Of Hays Ph 1 $275,000 $155 3 bd / 3 ba 1,770 sqft , 2026-06-19

813 Cardenas St
Alto $286,790 $149 4 bd / 3 ba 1,924 sqft , 2025-08-19

206 Sherwood St
Feltner Add $299,000 $177 4 bd / 2 ba 1,688 sqft , 2026-05-22

1100 Mira Loma Ln
Hills Of Hays Ph 1 $215,000 $175 3 bd / 2 ba 1,230 sqft , 2026-10-28

500 Lockwood St
Sunset Acres $305,000 $200 3 bd / 2 ba 1,528 sqft , 2026-07-21

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

About the Author

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 8, 2026.

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

1504 Parkview Ln

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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