About This Home

Monroe plan with upgraded kitchen, quartz countertops, upgraded tile flooring, optional study with double doors, Express cordless blinds

At $292/sqft, this home is priced 29% above the San Marcos active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1851 Dancing Oak Ln, San Marcos, TX 78666

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Property Details

Price $629,990

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 2,160 sqft

Lot Size 0.26 acres (11,369.16 sqft)

Year Built 2025

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Kissing Tree

County Hays

Zip Code 78666

$/sqft $292/sqft

Days on Market ,

HOA $255/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT199508586

List Date June 9, 2025

Elementary School Hernandez

Middle School Miller

High School San Marcos

School District ,

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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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 · June 9, 2025 $658,867

Previous ask $618,279

Current ask $629,990

▼ Reduced $28,877 (-4.4%) 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

446 Skipping Cedar St
Paso Robles Ph 4B-2 $649,990 $305 2 bd / 3 ba 2,130 sqft , 2026-07-29

120 Sweeping Sage Ln
Kissing Tree $599,900 $272 3 bd / 3 ba 2,206 sqft , 2026-08-03

228 Drawing Maple St
Kissing Tree $599,000 $311 2 bd / 2 ba 1,927 sqft , 2026-08-28

228 Cruising Oak St
Kissing Tree $590,000 $323 2 bd / 2 ba 1,827 sqft , 2026-06-13

120 Wild Sage Cv
Kissing Tree $590,000 $260 2 bd / 2 ba 2,266 sqft , 2026-06-18

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

$3,024/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

$125,998

20% conventional investment loan

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

Estimated Gross Rent+$3,024

Principal + Interest−$3,438

Property Tax (~2.1% TX avg)−$1,102

Insurance (~0.5%)−$262

Est. Monthly Cash Flow $-1,778

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 · 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 September 14, 2026.

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

1851 Dancing Oak Ln