About This Home

The Highgate - Upon entry of this spacious two-story home are the family room, dining room and a chef-ready kitchen arranged in a desirable open floorplan that promotes seamless transition between spaces. Down the hallway is the tranquil owner’s suite with a convenient adjoining bathroom. Upstairs, a sprawling game room offers endless possibilities, while on the opposite end of the floor are three secondary bedrooms to accommodate the family. Photos are for illustrative purposes only. Estimated Completion July 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $109/sqft, this home is 52% 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

217 Trinity River Holw, San Marcos, TX 78666

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Property Details

Price $195,999

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 1,802 sqft

Lot Size 0.12 acres (5,227.2 sqft)

Year Built 2026

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision River Bridge Ranch

County Hays

Zip Code 78666

$/sqft $109/sqft

Days on Market ,

HOA $65/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT229271221

List Date May 7, 2026

Elementary School Dezavala

Middle School Goodnight

High School San Marcos

School District ,

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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 · May 7, 2026 $225,999

Previous ask $200,999

Current ask $195,999

▼ Reduced $30,000 (-13.3%) 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

332 Navidad River Dr
River Bridge Ranch $199,999 $111 4 bd / 3 ba 1,802 sqft , 2026-05-28

344 Navidad River Dr
River Bridge Ranch $200,999 $112 4 bd / 3 ba 1,802 sqft , 2026-06-24

333 Trinity River Holw
River Bridge Ranch $200,999 $146 3 bd / 2 ba 1,380 sqft , 2026-08-04

336 Navidad River Dr
River Bridge Ranch $186,999 $125 4 bd / 2 ba 1,500 sqft , 2026-05-29

324 Navidad River Dr
River Bridge Ranch $207,999 $139 4 bd / 2 ba 1,500 sqft , 2026-06-16

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

$941/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

$39,200

20% conventional investment loan

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

Estimated Gross Rent+$941

Principal + Interest−$1,070

Property Tax (~2.1% TX avg)−$343

Insurance (~0.5%)−$82

Est. Monthly Cash Flow $-554

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 August 13, 2026.

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

217 Trinity River Holw