Active Listing  ·  172 days on market

254 Trestle Tree None

San Marcos, TX 78666
$250,000
3 Bed 3 Bath 1,628 sqft $154/sqft Built 2011 0.25 acres 2-Car Garage Pool Blanco River Village No2 Condo

Unique and versatile 3-bedroom, 3-bath standalone condo offering 1,628 square feet and currently configured as two separate units. Unit AB is a 2-bedroom, 2-bath upstairs leased for $1,575/month, and Unit C is a 1-bedroom, 1-bath downstairs leased for $1,000/month through July 12, 2026. This flexible layout features two kitchens, two living areas, and a 2-car garage—ideal for multi-generational living, guests, or income-producing potential. The upstairs unit showcases an open floorplan and a private balcony, perfect for relaxing outdoors. A floorplan is provided to highlight the many possibilities this thoughtfully designed property offers for both investors and owner-occupants. All exteriors including ground maintenance, roofs, & siding is done through the HOA. Pictures are of the property when it was vacant and is currently fully rented with tenants and needs a next day showing notice if you would like to see it.

At $154/sqft, this home is 33% 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

254 Trestle Tree None, San Marcos, TX 78666

Property Details

Price $250,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,628 sqft
Lot Size 0.25 acres (10,916.14 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Blanco River Village No2 Condo
County Hays
Zip Code 78666
$/sqft $154/sqft
Days on Market ,
HOA $350/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218399097
List Date February 23, 2026
Elementary School Travis
Middle School Goodnight
High School San Marcos
School District ,

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
750 Oak Mdws
Oak Meadows
$250,000 $206 4 bd / 2 ba 1,216 sqft , 2025-08-23
249 Trestle Tree None
Blanco River Village Sec One
$250,000 $181 3 bd / 2 ba 1,380 sqft , 2026-07-13
1648 Esplanade Pkwy
Trace
$249,900 $206 3 bd / 2 ba 1,211 sqft , 2026-03-05
160 Parrigin Cv
Cottonwood Creek
$250,314 $137 4 bd / 2 ba 1,827 sqft , 2026-04-02
1620 Iron Truss Rd
River Bridge Ranch
$248,999 $149 4 bd / 2 ba 1,676 sqft , 2026-07-21

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$438
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-706

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 · 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 February 24, 2026.

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