Active Listing  ·  86 days on market

2909 Philo St

San Marcos, TX 78666
$439,900
3 Bed 2 Bath 1,506 sqft $292/sqft Built 1983 0.47 acres 2-Car Garage Pool Turkey Hollow

Tucked beneath a canopy of mature oak trees on nearly half an acre, this distinctive 3 bedroom, 2 bath limestone home offers timeless Hill Country charm in one of San Marcos' most coveted neighborhoods without an HOA. Inside, 1,506 square feet of thoughtfully designed living space features Saltillo tile throughout, soaring vaulted ceilings with an exposed beam, recessed lighting, and a stunning floor-to-ceiling limestone fireplace that anchors the spacious living room. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting space for everyday living and entertaining. The oversized primary suite offers backyard views, a walk-in closet, private bath, and direct access to the backyard's outdoor living areas. Outside, enjoy a peaceful, tree-shaded backyard complete with a patio, pergola, storage shed, and a one-of-a-kind dinosaur smoker that conveys with the property. An attached 2 car garage, abundant outdoor space, and easy access to shopping, dining, Texas State University, and IH-35 make this home a rare opportunity to own a property full of character, privacy, and authentic Texas charm.

At $292/sqft, this home is priced 29% above the San Marcos active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2909 Philo St, San Marcos, TX 78666

Property Details

Price $439,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,506 sqft
Lot Size 0.47 acres (20,473.2 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Turkey Hollow
County Hays
Zip Code 78666
$/sqft $292/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,256.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238044433
List Date June 29, 2026
Elementary School Hernandez
Middle School Miller
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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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 · June 29, 2026 $449,900
Current ask $439,900
Reduced $10,000 (-2.2%) 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
153 Antoinette Way #102
Kissing Tree
$439,990 $276 2 bd / 2 ba 1,594 sqft , 2025-05-13
108 Dreaming Plum Ln
Kissing Tree
$439,000 $257 2 bd / 2 ba 1,708 sqft , 2026-08-14
402 Suttles Ave
Laurel Estates Ii
$439,000 $220 3 bd / 2 ba 1,991 sqft , 2026-09-11
124 Antoinette Way #101
Kissing Tree
$442,052 $246 2 bd / 2 ba 1,796 sqft , 2025-05-27
221 Sweeping Sage Ln
Kissing Tree
$444,500 $318 2 bd / 2 ba 1,398 sqft , 2026-09-05

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
$2,112/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
$87,980
20% conventional investment loan

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

Estimated Gross Rent+$2,112
Principal + Interest−$2,401
Property Tax (~2.1% TX avg)−$770
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,242

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 August 21, 2026.

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