Active Listing  ·  311 days on market

1632 Esplanade Pkwy

San Marcos, TX 78666
$282,900
3 Bed 3 Bath 1,537 sqft $184/sqft Built 2025 0.09 acres 2-Car Garage Pool New Construction Trace

MLS# 7829379 - Built by Pacesetter Homes - Ready Now! ~ Welcome to 1632 Esplanade Parkway, a charming two-story cottage-style home located in the highly sought-after Trace community of San Marcos, offering timeless curb appeal with elegant white and grey exterior accents and a large covered front porch that welcomes you home. Step inside to a very open and spacious first-floor layout where the living room, dining area, and kitchen flow seamlessly together, filled with an abundance of natural light and designed for both everyday living and entertaining. The kitchen features quartz countertops, a luxury tiled backsplash, and quartz surfaces throughout the home for a clean, modern finish. Upstairs, the large primary suite serves as a private retreat with a walk-in closet, double vanity, tile-to-ceiling shower, and access to a beautiful tiled covered balcony, perfect for enjoying sunrise views or unwinding in the evening. Two additional bedrooms provide flexible space for guests, a home office, or additional living needs. Additional highlights include an alley-loaded garage, thoughtful modern finishes throughout, and a prime location within walking distance to the community amenity center, making this move-in-ready home a perfect blend of comfort, style, and convenience.

At $184/sqft, this home is 20% 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

1632 Esplanade Pkwy, San Marcos, TX 78666

Property Details

Price $282,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,537 sqft
Lot Size 0.09 acres (3,746.16 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trace
County Hays
Zip Code 78666
$/sqft $184/sqft
Days on Market ,
HOA $84/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT208655176
List Date October 7, 2025
Elementary School Hernandez
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.

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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
113 Lindheimer Ln
Alto
$282,890 $198 3 bd / 2 ba 1,431 sqft , 2025-10-03
1221 Wild Leaf Way
Cottonwood Creek
$281,900 $156 3 bd / 3 ba 1,805 sqft , 2026-06-22
1213 Wild Leaf Way
Cottonwood Creek
$281,900 $156 3 bd / 3 ba 1,805 sqft , 2026-06-22
109 Cutleaf Cv
Cottonwood Creek
$281,900 $156 3 bd / 3 ba 1,805 sqft , 2026-06-22
125 Raymondville Path
Whisper South-Unit 1 Sub
$284,000 $191 3 bd / 2 ba 1,489 sqft , 2026-03-26

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
$1,358/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
$56,580
20% conventional investment loan

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

Estimated Gross Rent+$1,358
Principal + Interest−$1,544
Property Tax (~2.1% TX avg)−$495
Insurance (~0.5%)−$118
Est. Monthly Cash Flow $-799

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 June 21, 2026.

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