Active Listing  ·  152 days on market

421 W San Antonio St #A2

San Marcos, TX 78666
$169,999
2 Bed 1 Bath 786 sqft $216/sqft Built 1982 2.68 acres Pool Pecan Creek Condo

Price Improvement – Don't Miss It! WALKING DISTANCE TO TXST, HEB, DOWNTOWN AND THE RIVER. If you think location, location, location—no need to look any further. Perfect for a primary residence, game-day getaway, Texas State student or investment opportunity. This charming 2-bedroom condo with its well-designed floor plan features a convenient Jack-and-Jill bath separating both bedrooms, each with its own patio—perfect for relaxing or enjoying your morning coffee. The inviting living area features a wood-burning fireplace as a central focal point. The kitchen showcases a farmhouse-style stainless steel sink along with ample space for everyday living and entertaining. Appliance package consisting of refrigerator, washer & dryer already in condo convey with the sale. This condo delivers unbeatable location and lifestyle with easy access to shopping, dining, entertainment, HEB, and the San Marcos River.

At $216/sqft, this home is 4% 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

421 W San Antonio St #A2, San Marcos, TX 78666

Property Details

Price $169,999
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 786 sqft
Lot Size 2.68 acres (116,888.9 sqft)
Year Built 1982
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Pecan Creek Condo
County Hays
Zip Code 78666
$/sqft $216/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $3,233.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227060109
List Date April 23, 2026
Elementary School Crockett
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.

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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 · April 23, 2026 $184,999
Previous ask $175,000
Current ask $169,999
Reduced $15,000 (-8.1%) 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
711 N Bishop St
Westover
$170,000 $177 2 bd / 1 ba 963 sqft , 2026-06-26
421 W San Antonio St #H3
Pecan Creek Condo
$159,900 $286 1 bd / 1 ba 559 sqft , 2026-06-12
1013 Chestnut St #C2
Bent Tree Condos
$185,000 $193 2 bd / 2 ba 960 sqft , 2026-04-16
203 S Mitchell St St #4
Mitchell Street Condo
$149,000 $156 3 bd / 2 ba 955 sqft , 2025-09-29
1221 W Hopkins St #2
West End Condos
$199,000 $214 2 bd / 2 ba 928 sqft , 2026-07-30

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
$816/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
$34,000
20% conventional investment loan

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

Estimated Gross Rent+$816
Principal + Interest−$928
Property Tax (~2.1% TX avg)−$297
Insurance (~0.5%)−$71
Est. Monthly Cash Flow $-480

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 September 5, 2026.

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