Active Listing  ·  11 days on market

307 Ellis St

San Marcos, TX 78666
$349,999
4 Bed 3 Bath 1,800 sqft $194/sqft Built 2025 0.13 acres 2-Car Garage Pool Guerrero

Welcome to this stunning custom-built home, where luxury, comfort, and thoughtful design come together beautifully. Featuring four spacious bedrooms, three full bathrooms, and a dedicated office, this exceptional property offers the perfect balance of functionality and elegance.

From the moment you step inside, you’ll be captivated by the soaring high ceilings, abundant natural light, and impressive high-end finishes found throughout the home. With absolutely no carpet, every space has been designed with both style and ease of maintenance in mind.

The heart of the home is the gorgeous chef’s kitchen, showcasing a custom design, beautiful granite countertops, a large center island, and plenty of space for entertaining family and friends. The open-concept layout creates a seamless flow between the living, dining, and kitchen areas.

The luxurious primary suite serves as a private retreat, featuring an incredible spa-inspired bathroom complete with an oversized walk-in shower and exquisite tile finishes. The additional bedrooms and bathrooms offer generous space and exceptional craftsmanship.

Step outside to enjoy the expansive backyard, offering endless possibilities for entertaining, gardening, or simply relaxing. Conveniently located just minutes from the highway, this property provides easy access to shopping, dining, and major employers while still allowing you to enjoy the benefits of having no HOA restrictions.

Currently operating as a successful short-term rental, this property presents an outstanding opportunity as a primary residence, investment property, or both. This is truly a one-of-a-kind home that must be seen to be fully appreciated.

At $194/sqft, this home is 15% 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

307 Ellis St, San Marcos, TX 78666

Property Details

Price $349,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,800 sqft
Lot Size 0.13 acres (5,501.63 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Guerrero
County Hays
Zip Code 78666
$/sqft $194/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $938.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230973234
List Date August 3, 2026
Elementary School Crockett
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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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
1104 Hilltop Dr
Hills Of Hays Ph 1
$315,000 $178 3 bd / 3 ba 1,770 sqft , 2026-06-19
500 Lockwood St
Sunset Acres
$305,000 $200 3 bd / 2 ba 1,528 sqft , 2026-07-21
206 Sherwood St
Feltner Add
$299,000 $177 4 bd / 2 ba 1,688 sqft , 2026-05-22
309 Ellis St
Guerrero
$259,500 $186 3 bd / 2 ba 1,396 sqft , 2026-07-09
1100 Mira Loma Ln
Hills Of Hays Ph 1
$235,000 $191 3 bd / 2 ba 1,230 sqft , 2026-08-01

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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 5, 2026.

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