About This Home

The Timms - This new single-level home features a modern and low-maintenance design. Three bedrooms can be found off the foyer, leading to an open-concept floorplan that combines the kitchen, living and dining areas. The luxe owner’s suite is tucked into a private rear corner, complete with an en-suite bathroom and walk-in closet. Photos are for illustrative purposes only. Estimated Completion October 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $139/sqft, this home is 39% 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

348 Navidad River Dr, San Marcos, TX 78666

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Property Details

Price $207,999

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,500 sqft

Lot Size 0.10 acres (4,356 sqft)

Year Built 2026

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision River Bridge Ranch

County Hays

Zip Code 78666

$/sqft $139/sqft

Days on Market ,

HOA $65/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242443475

List Date August 5, 2026

Elementary School Dezavala

Middle School Goodnight

High School San Marcos

School District ,

Have Questions About This Property?

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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

324 Navidad River Dr
River Bridge Ranch $207,999 $139 4 bd / 2 ba 1,500 sqft , 2026-06-16

329 Trinity River Holw
River Bridge Ranch $207,999 $139 4 bd / 2 ba 1,500 sqft , 2026-08-05

344 Navidad River Dr
River Bridge Ranch $200,999 $112 4 bd / 3 ba 1,802 sqft , 2026-06-24

333 Trinity River Holw
River Bridge Ranch $200,999 $146 3 bd / 2 ba 1,380 sqft , 2026-08-04

332 Navidad River Dr
River Bridge Ranch $199,999 $111 4 bd / 3 ba 1,802 sqft , 2026-05-28

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

$998/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.45%

NOI after 40% vacancy + expenses

Down Payment

$41,600

20% conventional investment loan

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

Estimated Gross Rent+$998

Principal + Interest−$1,135

Property Tax (~2.1% TX avg)−$364

Insurance (~0.5%)−$87

Est. Monthly Cash Flow $-588

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

About the Author

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 →

348 Navidad River Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near San Marcos, TX

More Luxury Homes in San Marcos

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