Active Listing  ·  88 days on market

2047 Lisa Ln

San Marcos, TX 78666
$349,000
4 Bed 3 Bath 1,848 sqft $189/sqft Built 2004 0.17 acres 2-Car Garage Pool Bishop Crossing Sub Sec 1

*Watch the family enjoy the neighborhood playground from your kitchen sink!!* This beautifully maintained 4-bedroom, 2.5-bath home in Franklin Square enjoys one of the neighborhood's most unique locations, with the community playscape just steps from your back door. Outdoor enthusiasts will love being just a 1 min walk to a trailhead to the San Marcos Greenbelt, featuring over 40 miles of hiking, biking, and wildlife! This 1,848 square foot home is thoughtfully designed featuring fresh landscaping, recent paint, solar screens, updated kitchen appliances, a cozy living room fireplace + numerous additional updates throughout. The flexible floor plan includes a downstairs 4th bedroom with walk-in closet, plus French Doors make it ideal as a home office, guest room, or playroom, home gym and more. Upstairs, are 3 more bedrooms & all have vaulted ceilings to create an open & airy feel. The HUGE primary suite features an updated bath with a walk-in shower + soaking tub. Another OVERsized secondary bedroom offers enough room for both a bedroom and a sitting area, study space, or play area, giving everyone room to spread out. Both upstairs bathrooms have been tastefully refreshed. Step outside onto the wooden deck, perfect for morning coffee, entertaining, or relaxing after a day on the trails. Additional highlights include a two-car garage, efficient all-electric living, solar screens, underground utilities, and a location convenient to downtown, TXST, Wimberley, and zoned for desirable Crockett Elementary. This move-in-ready home offers the perfect blend of comfort, convenience, and an active outdoor lifestyle in one of San Marcos' most desirable neighborhoods. Washer, dryer, refrigerator, grill and outdoor patio set to convey!

At $189/sqft, this home is 16% below the San Marcos active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2047 Lisa Ln, San Marcos, TX 78666

Property Details

Price $349,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,848 sqft
Lot Size 0.17 acres (7,318.08 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bishop Crossing Sub Sec 1
County Hays
Zip Code 78666
$/sqft $189/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237782276
List Date June 26, 2026
Elementary School Crockett
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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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 26, 2026 $377,000
Previous ask $354,000
Current ask $349,000
Reduced $28,000 (-7.4%) 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
1405 Girard Ave
Z Williamson #3
$345,000 $233 4 bd / 3 ba 1,483 sqft , 2026-05-04
1211 N Bishop St
Out/Hays (Common) / A00924 I WESTOVER SV-335 1/2(L
$325,000 $226 3 bd / 3 ba 1,440 sqft , 2026-08-26
1716 Ramona Cir
Oak Knoll
$319,900 $184 3 bd / 3 ba 1,740 sqft , 2026-06-16
1105 Delmar St
Westover
$397,500 $230 3 bd / 2 ba 1,732 sqft , 2026-07-20
129 Park Ln
Bishop Crossing Sec 2
$299,900 $200 3 bd / 2 ba 1,500 sqft , 2026-09-03

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 September 15, 2026.

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