Active Listing  ·  12 days on market

402 Suttles Ave

San Marcos, TX 78666
$439,000
3 Bed 2 Bath 1,991 sqft $220/sqft Built 1971 0.84 acres Pool Laurel Estates Ii

Discover the freedom of country-style space without giving up everyday convenience at 402 Suttles Ave. Set on an approximately 0.85-acre lot in a quiet neighborhood with no HOA and a low tax rate, this flexible property offers room to spread out, create your ideal outdoor retreat, and enjoy peaceful Texas skies.

Inside, the home offers two living areas, including a cozy space with a wood-burning fireplace, plus a converted garage that provides valuable flexibility as an additional bedroom, home office, hobby room, media room, or other flex space. Recent improvements include a newer roof, approximately 3.5-year-old septic system, newer dishwasher and oven, and updated flooring throughout—no carpet.

Step outside to enjoy sunrise views, afternoon shade, and evenings on the back patio surrounded by open outdoor space and visiting wildlife. A workshop and storage shed add practical room for projects, equipment, hobbies, and extra storage. Conveniently located just minutes from shopping, dining, schools, hospitals, hiking trails, and entertainment, this property delivers privacy, usable land, and a relaxed setting without the cookie-cutter feel.

At $220/sqft, this home is 3% below the San Marcos active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

402 Suttles Ave, San Marcos, TX 78666

Property Details

Price $439,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,991 sqft
Lot Size 0.84 acres (36,777.71 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Laurel Estates Ii
County Hays
Zip Code 78666
$/sqft $220/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,135.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246509996
List Date September 11, 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.

Schedule a Call →

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
2909 Philo St
Turkey Hollow
$439,900 $292 3 bd / 2 ba 1,506 sqft , 2026-06-29
321 Quarry Springs Dr
Quarry Spgs Sec 2
$473,822 $234 3 bd / 2 ba 2,023 sqft , 2026-07-22
434 Stagecoach Trl
The Park At Willow Creek
$397,000 $171 3 bd / 3 ba 2,323 sqft , 2025-12-23
804 Dancing Oak Ln
Kissing Tree
$490,000 $268 2 bd / 2 ba 1,827 sqft , 2025-11-14
2212 Hunter Rd
N/A
$375,000 $266 3 bd / 2 ba 1,408 sqft , 2026-09-08

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
$2,107/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
$87,800
20% conventional investment loan

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

Estimated Gross Rent+$2,107
Principal + Interest−$2,396
Property Tax (~2.1% TX avg)−$768
Insurance (~0.5%)−$183
Est. Monthly Cash Flow $-1,240

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

More Luxury Homes in San Marcos

Loading…
View All Luxury Homes →
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 September 20, 2026.

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