Active Listing  ·  174 days on market

323 Shimmering Cv

San Marcos, TX 78666
$307,000
3 Bed 2 Bath 1,409 sqft $218/sqft Built 2022 0.14 acres 2-Car Garage Pool COTTONWOOD CREEK

The Baxtor is a thoughtfully designed 1,409-square-foot home featuring 3 bedrooms and 2 full baths. A welcoming, extended foyer leads into a spacious family room that opens to the kitchen and dining area—perfect for everyday living and entertaining.

The kitchen offers granite countertops, a large center island, and sleek black appliances. The private primary bedroom is located just off the dining area and features a walk-in shower and a generous walk-in closet.

Two additional bedrooms are tucked away in a separate hall and share a full bath, offering added privacy for guests or family members. Enjoy the covered back patio and privacy-fenced backyard that overlooks an open field—no back neighbors and peaceful views.

The home also includes a dedicated laundry room and a two-car garage. Professional landscaping and an irrigated yard with Bermuda sod complete the exterior.

Additionally, the Home Is Connected® base package is included, featuring Alexa voice control, a front door video doorbell, smart deadbolt lock, home hub, smart light switch, and smart thermostat.

At $218/sqft, this home is 5% 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

323 Shimmering Cv, San Marcos, TX 78666

Property Details

Price $307,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,409 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision COTTONWOOD CREEK
County Hays
Zip Code 78666
$/sqft $218/sqft
Days on Market ,
HOA $225/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220031838
List Date February 21, 2026
Elementary School Bowie
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.

Schedule a Call →

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 · February 21, 2026 $320,000
Current ask $307,000
Reduced $13,000 (-4.1%) 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
1225 Wild Leaf Way
Pinnacle at Cottonwood Creek
$289,990 $225 3 bd / 2 ba 1,288 sqft , 2025-07-02
1221 Wild Leaf Way
Cottonwood Creek
$281,900 $156 3 bd / 3 ba 1,805 sqft , 2026-06-22
1213 Wild Leaf Way
Cottonwood Creek
$281,900 $156 3 bd / 3 ba 1,805 sqft , 2026-06-22
1337 Morris Loop
Cottonwood Creek
$279,990 $182 3 bd / 2 ba 1,536 sqft , 2026-07-29
113 Moonrise Dr
Cottonwood Creek Ph 3 Unit 4
$279,000 $148 4 bd / 3 ba 1,890 sqft , 2026-06-22

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
$1,474/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
$61,400
20% conventional investment loan

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

Estimated Gross Rent+$1,474
Principal + Interest−$1,675
Property Tax (~2.1% TX avg)−$537
Insurance (~0.5%)−$128
Est. Monthly Cash Flow $-866

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 6, 2026.

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