Active Listing  ·  357 days on market

246 Trestle Tree None

San Marcos, TX 78666
$150,000
2 Bed 3 Bath 1,266 sqft $118/sqft Built 2010 0.25 acres 2-Car Garage Pool Blanco River Village No2 Condo

Discover this beautifully maintained two-story stand alone condo at 246 Trestle Tree, offering a thoughtfully designed living space. The ground floor features easy to clean tile flooring throughout, an open-concept living and dining area, and a modern kitchen with abundant cabinetry. A laundry area is conveniently located off the kitchen. Both bedrooms are upstairs.

Outside, enjoy your own fenced yard, perfect for pups and BBQ's. Large two car garage protects your vehicles and is great for additional storage and uses. Located just minutes from I-35, this home is ideal for students or working professionals commuting to Austin or San Antonio. You’ll be close to Texas State University, local shopping, dining, and more. The community also features sidewalks, street lighting, and a playground, making it both safe and walkable. Please note this property is being offered as a short sale, subject to lender approval.

At $118/sqft, this home is 49% 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

246 Trestle Tree None, San Marcos, TX 78666

Property Details

Price $150,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,266 sqft
Lot Size 0.25 acres (10,977.12 sqft)
Year Built 2010
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Blanco River Village No2 Condo
County Hays
Zip Code 78666
$/sqft $118/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. $5,028.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT212459239
List Date November 20, 2025
Elementary School Travis
Middle School Goodnight
High School San Marcos
School District San Marcos CISD

San Marcos CISD

Travis · 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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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 · November 20, 2025 $210,000
Previous ask $160,000
Current ask $150,000
▼ Reduced $60,000 (-28.6%) 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
1604 Mill St #B
Chimney Place II
$155,000 $150 2 bd / 2 ba 1,031 sqft , 2026-09-18
138 Rush Hvn #F073
Blanco River Village Condo
$169,900 $106 3 bd / 3 ba 1,608 sqft , 2026-04-07

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
$720/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
$30,000
20% conventional investment loan

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

Estimated Gross Rent+$720
Principal + Interest−$819
Property Tax (assumed ~2.1%)−$263
Insurance (assumed ~0.5%)−$63
Est. Monthly Cash Flow $-425

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 9, 2026.

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

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