Active Listing  ·  131 days on market

420 Spiny Lizard Ln

San Marcos, TX 78666
$211,900
2 Bed 2 Bath 1,026 sqft $207/sqft Built 2018 0.10 acres Pool Trace Sub Sec A Pa 1A Ph A-2

SELLER FINANCING AVAILABLE! This charming 2-bedroom, 2-bathroom home combines modern style, everyday comfort, and flexible financing options. Thoughtfully designed with matching flooring, recessed lighting, and ceiling fans throughout, the bright, cohesive interior creates an inviting space you’ll love coming home to.

The kitchen is a true centerpiece, featuring sleek granite countertops, a spacious island, pantry, and stainless steel appliances, including a gas range and built-in microwave—perfect for cooking, gathering, and entertaining.

Retreat to the spacious primary suite with a walk-in shower and an oversized walk-in closet. Outside, enjoy a private backyard with convenient exterior access to parking, offering the ideal space for relaxing or hosting guests.

Located just minutes from Texas State University, shopping, dining, and everyday conveniences, this home offers exceptional value in a prime location. Seller financing is available, providing a fantastic opportunity for buyers seeking flexible financing options. Schedule your showing today!

At $207/sqft, this home is 10% 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

420 Spiny Lizard Ln, San Marcos, TX 78666

Property Details

Price $211,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,026 sqft
Lot Size 0.10 acres (4,312.44 sqft)
Year Built 2018
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Trace Sub Sec A Pa 1A Ph A-2
County Hays
Zip Code 78666
$/sqft $207/sqft
Days on Market ,
HOA $85/Monthly
Annual Tax Est. $4,900
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224947656
List Date April 5, 2026
Elementary School Rodriguez (San Marcos ISD)
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 →

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
109 Bosque Dr
Trace Sub Sec A Pa 1A Ph A-2
$210,500 $205 2 bd / 2 ba 1,026 sqft , 2026-07-24
1013 Chestnut St #4
Bent Tree Condos
$210,000 $219 2 bd / 3 ba 960 sqft , 2026-03-23
1064 Esplanade Pkwy
Trace Sub Sec A, Pa 1A Ph A-1
$210,000 $205 2 bd / 2 ba 1,026 sqft , 2026-08-07
120 Witchhazel Way
Blanco Vista
$209,990 $205 2 bd / 2 ba 1,026 sqft , 2026-07-10
217 Teron Dr
El Camino Real Ph 2 Sec 3
$215,000 $185 3 bd / 2 ba 1,160 sqft , 2026-05-03

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
$1,017/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
$42,380
20% conventional investment loan

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

Estimated Gross Rent+$1,017
Principal + Interest−$1,156
Property Tax (~2.1% TX avg)−$371
Insurance (~0.5%)−$88
Est. Monthly Cash Flow $-598

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 June 29, 2026.

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