Active Listing  ·  8 days on market

158 Preston Trl

San Marcos, TX 78666
$260,000
2 Bed 3 Bath 1,244 sqft $209/sqft Built 2014 0.08 acres 2-Car Garage Pool Blanco Vista Ph 3 Sec 1

Welcome to 158 Preston Trail in the sought-after Blanco Vista community! This beautifully maintained 2-bedroom, 2.5-bath home offers 1,244 square feet of thoughtfully designed living space with an open-concept floor plan perfect for everyday living and entertaining.

Upstairs, the spacious owner's suite features its own private en-suite bathroom, along with an additional bedroom that shares a full hall bath. A convenient half bath is located downstairs for guests, making this home ideal for anyone, especially college students seeking convenience and safety. Parents can feel relieved knowing their child is in a secure community.

The HVAC system has been recently replaced, ensuring optimal comfort throughout the year. Relax on the charming front porch or enjoy your morning coffee from the private second-story balcony. The kitchen and living areas flow seamlessly together, creating a bright and inviting gathering space. A detached two-car garage offers convenient rear access, and the low-maintenance yard allows for more time to enjoy the lifestyle this community offers.

Equipped with natural gas, this home ensures efficient cooking, water heating, and overall energy performance. Blanco Vista boasts outstanding amenities, including a resort-style pool, splash pad, playgrounds, a stocked fishing pond, scenic walking trails, and access to the Blanco River and Five Mile Dam Park.

Conveniently located just minutes from I-35, 15 minutes from Texas State University, shopping, dining, and the San Marcos Premium Outlets, this home offers the perfect blend of comfort, convenience, and community living—making it ideal for anyone, especially college students!

At $209/sqft, this home is 9% 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 Preston Trl, San Marcos, TX 78666

Property Details

Price $260,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,244 sqft
Lot Size 0.08 acres (3,284.42 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Blanco Vista Ph 3 Sec 1
County Hays
Zip Code 78666
$/sqft $209/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $5,751.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242280246
List Date August 5, 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
328 Fairfax Ave
MILLBROOK PARK
$260,000 $197 3 bd / 2 ba 1,319 sqft , 2026-06-09
105 Lafitte Dr #101
Kissing Tree Villas Condo
$260,000 $252 1 bd / 2 ba 1,032 sqft , 2026-06-13
1115 Sycamore St
Rio Vista Terrace
$259,900 $226 3 bd / 1 ba 1,150 sqft , 2026-08-13
309 Ellis St
Guerrero
$259,500 $186 3 bd / 2 ba 1,396 sqft , 2026-07-09
360 Witchhazel Way
Blanco Vista Tr M-2
$259,000 $190 3 bd / 3 ba 1,364 sqft , 2026-06-01

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 (20% down · 7.25% rate)

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (~2.1% TX avg)−$455
Insurance (~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

More Luxury Homes in San Marcos

Loading…
View All Luxury Homes →
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 August 13, 2026.

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