About This Home

Home office with French doors and formal dining room set at two-story entry. Kitchen and morning area open to two-story family room with wall of windows. Kitchen features corner walk-in pantry, a 5-burner gas cooktop, and generous island with built-in seating space. First-floor primary suite. Dual vanity, a freestanding tub, separate glass-enclosed shower and large walk-in closet in primary bath. A second bedroom is downstairs. Upstairs features a game room and two secondary bedrooms. Extended covered backyard patio. Mud room off two-car garage.

At $179/sqft, this home is 23% below the San Marcos active market average of $232/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

420 Bundleflower Way, San Marcos, TX 78666

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Property Details

Price $499,900

Status Active Listing

Beds 4

Full Baths 3

Half Baths 1

Living Area 2,797 sqft

Lot Size 0.15 acres (6,385.9 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision LA Cima

County Hays

Zip Code 78666

$/sqft $179/sqft

Days on Market ,

HOA $780/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT240414670

List Date July 18, 2026

Elementary School Hernandez

Middle School Miller

High School San Marcos

School District San Marcos CISD

School District

San Marcos CISD

Hernandez · Miller · San Marcos

Have Questions About This Property?

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 · July 18, 2026 $619,900

Previous ask $519,900

Current ask $499,900

▼ Reduced $120,000 (-19.4%) 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

816 Teakmill Trl
La Cima $499,900 $211 3 bd / 2 ba 2,370 sqft , 2026-08-22

325 Bundleflower Way
La Cima $499,900 $212 4 bd / 3 ba 2,357 sqft , 2026-09-01

122 Horseherb Way
La Cima Ph 3 Sec A $494,990 $193 4 bd / 3 ba 2,567 sqft , 2026-07-09

213 Teakmill Trl
La Cima Ph 3 Sec A $509,990 $214 4 bd / 4 ba 2,385 sqft , 2026-08-11

116 Lambs Ear Path
La Cima Ph 3 Sec A $515,000 $200 4 bd / 4 ba 2,574 sqft , 2026-06-12

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

$2,400/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

$99,980

20% conventional investment loan

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

Estimated Gross Rent+$2,400

Principal + Interest−$2,728

Property Tax (assumed ~2.1%)−$875

Insurance (assumed ~0.5%)−$208

Est. Monthly Cash Flow $-1,411

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 · 41 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. The written content was last updated on November 6, 2026.

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

420 Bundleflower Way

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near San Marcos, TX

More Luxury Homes in San Marcos

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