Active Listing  ·  101 days on market

253 Tessaria Dr

San Marcos, TX 78666
$379,990
4 Bed 3 Bath 1,930 sqft $197/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction High Branch

NEW COMMUNITY NOW SELLING! *ESTIMATED COMPLETION DATE OCT-NOV 2026* New 4-Bedroom Home for Sale in San Marcos, TexasWelcome to 253 Tessaria Drive, San Marcos, Texas - a new construction single-story home built by M/I Homes. This 4-bedroom, 2-bathroom home offers 1,930 square feet of thoughtfully designed living space, perfect for comfortable everyday living. Step inside to discover an open-concept living space that creates a seamless flow between the kitchen, dining, and living areas. The quality of design is evident throughout, with clean lines, functional layouts, and well-appointed finishes that reflect careful attention to detail. The owner's bedroom features a private en-suite bathroom, providing a relaxing retreat at the end of the day. Outside, a covered patio extends your living space and offers a great spot for relaxing or entertaining guests in any season. Key Features:New construction by M/I HomesSingle-story floorplan with 1,930 square feet4 bedrooms and 2 bathroomsOpen-concept living spaceOwner's bedroom with private en-suite bathroomCovered patio for outdoor enjoymentQuality design and construction throughoutThis home is situated in a welcoming neighborhood with convenient proximity to parks, making it an ideal setting for those who enjoy outdoor recreation and a connected lifestyle. The surrounding area offers a friendly atmosphere with well-maintained streets and a true sense of community pride.

At $197/sqft, this home is 15% 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

253 Tessaria Dr, San Marcos, TX 78666

Property Details

Price $379,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,930 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 $197/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $2.23
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT242172726
List Date August 3, 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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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 3, 2026 $384,990
Current ask $379,990
▼ Reduced $5,000 (-1.3%) 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
221 Tessaria Dr
High Branch
$374,990 $196 4 bd / 3 ba 1,917 sqft , 2026-07-31
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
$1,824/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
$75,998
20% conventional investment loan

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

Estimated Gross Rent+$1,824
Principal + Interest−$2,074
Property Tax (assumed ~2.1%)−$665
Insurance (assumed ~0.5%)−$158
Est. Monthly Cash Flow $-1,073

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 11, 2026.

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

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