Active Listing  ·  99 days on market

237 Crabapple Ct

San Marcos, TX 78666
$524,900
4 Bed 4 Bath 3,112 sqft $169/sqft Built 2026 0.17 acres 3-Car Garage Pool La Cima

An elongated entry leads past two secondary bedrooms, a full bath, a home office with French doors, and a theatre room before opening into the main living areas. The dining area with a row of windows flows into the open family room featuring a wood mantel fireplace and a wall of windows. The kitchen offers a 5-burner gas cooktop, ample counter space, a corner walk-in pantry, and a generous island with seating space that overlooks the family room. An adjoining morning area, embraced by a corner of windows, provides access to the extended covered backyard patio. A secluded primary bedroom highlights a 13-foot ceiling and a wall of windows. The primary bath features a double door entry, dual vanities, a freestanding tub, a separate glass-enclosed shower, a linen closet, and two walk-in closets. A hallway off the dining area leads past the utility room to another full bath and secondary bedroom. Mud room just off the three-car garage.

At $169/sqft, this home is 27% 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

237 Crabapple Ct, San Marcos, TX 78666

Property Details

Price $524,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,112 sqft
Lot Size 0.17 acres (7,200.47 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision La Cima
County Hays
Zip Code 78666
$/sqft $169/sqft
Days on Market ,
HOA $780/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242427666
List Date August 5, 2026
Elementary School Hernandez
Middle School Miller
High School San Marcos
School District San Marcos CISD

San Marcos CISD

Hernandez · Miller · 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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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 · August 5, 2026 $674,900
Previous ask $547,900
Current ask $524,900
▼ Reduced $150,000 (-22.2%) 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
1136 Rusty Blackhaw Trl
La Cima
$524,900 $191 4 bd / 3 ba 2,751 sqft , 2026-08-24
247 Carolina Jasmine Dr
La Cima Ph 2 Sec B
$525,000 $212 3 bd / 3 ba 2,474 sqft , 2026-05-01
229 Majestic Sage Trl
La Cima Ph 2 Sec B
$529,000 $162 4 bd / 3 ba 3,258 sqft , 2026-08-18
403 Fountain Grass Dr
La Cima Ph 3 Sec A
$519,990 $210 4 bd / 3 ba 2,475 sqft , 2026-10-21
1147 Rusty Blackhaw Trl
La Cima
$519,900 $228 3 bd / 3 ba 2,282 sqft , 2026-10-13

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
$2,520/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
$104,980
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (assumed ~2.1%)−$919
Insurance (assumed ~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 November 6, 2026.

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

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