Active Listing  ·  104 days on market

221 Tessaria Dr

San Marcos, TX 78666
$374,990
4 Bed 3 Bath 1,917 sqft $196/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction High Branch

NEW COMMUNITY NOW SELLING! *ESTIMATED COMPLETION DATE SEPT-OCT 2026* Welcome to the Ellsworth floorplan, a single-story design in our all new Smart Series. This floorplan features 3-4 bedrooms, 2 bathrooms, a 2-car garage, and 1,879 square feet of functional living space. With several options to accommodate a variety of modern living arrangements, the Ellsworth plan has room for the whole family! Upon entering this home through the covered porch, you will find two private bedrooms and a full bathroom tucked immediately off the entry. Further down the foyer, you will find a separate private hallway connecting a large laundry room and a spacious flex room. This functional flex space offers the option for an additional bedroom or an optional study. Continue through the foyer to find the open and spacious living room, kitchen, and dining area. The kitchen boasts impressive included features, such as granite countertops, upper and lower cabinets, and an oversized kitchen island that opens to a huge family room and dining room. You can also move the dining and entertaining outdoors by selecting an optional covered patio. Enter your owner's suite through a private entry off the family room. The large bedroom features an optional extended bay window for extra space and plenty of natural light. Select optional double doors for a grand entry into the owner's bath retreat, complete with an impressive walk-in closet, optional double vanities, optional private water closet, a walk-in shower and optional garden tub.

At $196/sqft, this home is 16% below the San Marcos active market average of $232/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

221 Tessaria Dr, San Marcos, TX 78666

Property Details

Price $374,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,917 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision High Branch
County Hays
Zip Code 78666
$/sqft $196/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $2.23
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241920374
List Date July 31, 2026
Elementary School Dezavala
Middle School Goodnight
High School San Marcos
School District SanMarcosCONSISD

SanMarcosCONSISD

Dezavala · Goodnight · San Marcos

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
253 Tessaria Dr
High Branch
$379,990 $197 4 bd / 3 ba 1,930 sqft , 2026-08-03
225 Tessaria Dr
High Branch
$399,990 $183 4 bd / 3 ba 2,188 sqft , 2026-08-03
245 Tessaria Dr
High Branch
$399,990 $179 4 bd / 3 ba 2,240 sqft , 2026-08-03
204 Hazy View Rd
Sky Ridge
$329,990 $159 4 bd / 2 ba 2,080 sqft , 2026-10-06
308 River Hills Dr
River Hills #2
$319,990 $243 4 bd / 2 ba 1,315 sqft , 2026-06-15

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
$1,800/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
$74,998
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,046
Property Tax (assumed ~2.1%)−$656
Insurance (assumed ~0.5%)−$156
Est. Monthly Cash Flow $-1,058

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 · 41 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. The written content was last updated on August 3, 2026.

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

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