About This Home

This is a completely updated one bedroom/one bath condo located within walking distance to downtown square. Near Texas State so perfect for students. Adjacent to the beautiful Historical District of San Marcos. A metal roof new in 2018, newer outdoor railing, and stairs installed in 2019. The remodel completed 2017; including HVAC, blown-in insulation in attic, stainless steel appliances, vinyl flooring throughout, marble countertops, lighting – all LED, shower, glass door, tile & plumbing, vanity sink, mirror and toilet, andl sliding barn doors. Washer, dryer, refrigerator can convey. This is a must see!

At $286/sqft, this home is priced 27% above the San Marcos active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

421 W San Antonio St #H3, San Marcos, TX 78666

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $159,900

Status Active Listing

Beds 1

Full Baths 1

Half Baths ,

Living Area 559 sqft

Lot Size ,

Year Built 1994

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Pecan Creek Condo

County Hays

Zip Code 78666

$/sqft $286/sqft

Days on Market ,

HOA $150/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236029499

List Date June 12, 2026

Elementary School Hernandez

Middle School Miller

High School San Marcos

School District ,

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.

Schedule a Call →

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 · June 12, 2026 $169,900

Current ask $159,900

▼ Reduced $10,000 (-5.9%) 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.

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

$768/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

$31,980

20% conventional investment loan

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

Estimated Gross Rent+$768

Principal + Interest−$873

Property Tax (~2.1% TX avg)−$280

Insurance (~0.5%)−$67

Est. Monthly Cash Flow $-452

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 →

421 W San Antonio St #H3

Location

Property Details

How This Ask Has Moved

Rental Income Potential

Major Employers Near San Marcos, TX

More Luxury Homes in San Marcos

Explore Austin Real Estate