Active Listing  ·  68 days on market

158 Paul Pena Dr

San Marcos, TX 78666
$299,990
3 Bed 2 Bath 1,542 sqft $195/sqft Built 2025 0.15 acres 2-Car Garage Pool Trace Sub Pa 2B Sec D

Discover an unparalleled opportunity with the final Chesmar home available in the highly desirable Trace master-planned community. Introducing the Avril floorplan, a meticulously designed single-story haven presenting three bedrooms and two bathrooms of contemporary refinement. From the moment you cross the threshold, an open and inviting foyer sets the stage, guiding you seamlessly into the expansive heart of the home. Bathed in abundant natural light courtesy of a striking wall of windows, the integrated living and dining spaces offer an airy sanctuary perfect for lively entertaining or peaceful relaxation.

Culinary enthusiasts will be drawn to the gourmet kitchen, anchored by a sprawling central island tailored for casual meals, homework sessions, or hosting guests. This chef-inspired space boasts striking charcoal cabinetry with sleek black hardware, crisp white quartz countertops, a classic subway tile backsplash, and premium stainless steel appliances—including a gas cooktop and built-in wall oven.

The private owner's suite serves as a tranquil escape, showcasing an elegant tray ceiling and an attached spa-like bathroom complete with an oversized walk-in shower framed by floor-to-ceiling tile, dual vanities, and modern black fixtures. Wood-look tile flooring flows throughout the main living areas, pairing durability with timeless aesthetic appeal. Outside, the home boasts a modern craftsman exterior with shake accent siding, a covered backyard patio, and a fully fenced, expansive green lawn.

Life in the vibrant Trace community delivers an exceptional neighborhood experience, highlighted by a resort-style pool, private clubhouse, sand volleyball courts, multiple parks, and scenic walking trails. Enjoy the perfect balance of a peaceful residential retreat combined with effortless access to local dining, premier shopping, and top-tier schools. This final builder opportunity will not last.

At $195/sqft, this home is 15% 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

158 Paul Pena Dr, San Marcos, TX 78666

Property Details

Price $299,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,542 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trace Sub Pa 2B Sec D
County Hays
Zip Code 78666
$/sqft $195/sqft
Days on Market ,
HOA $85/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232853635
List Date June 7, 2026
Elementary School Rodriguez (San Marcos ISD)
Middle School Miller
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.

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
813 Cardenas St
Alto
$299,990 $156 4 bd / 3 ba 1,924 sqft , 2025-08-19
116 Hazy View Rd
Sky Ridge
$299,990 $166 3 bd / 2 ba 1,809 sqft , 2026-06-23
237 Escondido Cir
Whisper Mixed Use Sub Ph 1A
$299,995 $148 4 bd / 3 ba 2,022 sqft , 2026-04-10
216 MARY MAX Cir
The Retreat On Willow Creek Ph 4
$299,999 $159 4 bd / 2 ba 1,890 sqft , 2026-05-17
313 NEW ALBANY Ln
WHISPER SOUTH
$300,000 $162 3 bd / 3 ba 1,852 sqft , 2026-03-31

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
$1,440/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
$59,998
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 July 15, 2026.

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