Active Listing  ·  87 days on market

421 W San Antonio St #i 2

San Marcos, TX 78666
$219,500
2 Bed 2 Bath 961 sqft $228/sqft Built 1984 2.68 acres Pool Pecan Creek Condo

This highly desirable ground-level, 2-bedroom, 2-bath condo is ideally situated within walking distance of the vibrant historic downtown district and Texas State University campus, making it an excellent choice for students, faculty, or anyone who loves the energy of a college town. In August 2026, fresh paint and new carpet installed in the bedrooms. The primary bedroom features a walk-in closet and an ensuite bathroom, while the spacious secondary bedroom is perfect for guests or a home office. Enjoy the outdoor year-round on the covered patio, a tranquil spot with views of the yard. All kitchen appliances are included, and the large utility room with a washer and dryer is an added feature. Located near the back of the complex with a private entrance, this condo offers a unique combination of privacy, comfort, and style. The quiet community features ample parking, a private pool, picnic tables, a BBQ pit, and pet waste stations. With proximity to major highways, public transportation, and essential services, this condo provides unparalleled convenience for daily living. Information deemed reliable but buyer or buyer's agent to verify independently.

At $228/sqft, this home is priced in line with the San Marcos market average of $226/sqft across 437 active listings. View Austin market report →

Location

421 W San Antonio St #i 2, San Marcos, TX 78666

Property Details

Price $219,500
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 961 sqft
Lot Size 2.68 acres (116,888.9 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Pecan Creek Condo
County Hays
Zip Code 78666
$/sqft $228/sqft
Days on Market ,
HOA $300/Monthly
Annual Tax Est. $4,211.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237909755
List Date June 27, 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.

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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 · June 27, 2026 $227,500
Current ask $219,500
Reduced $8,000 (-3.5%) 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
506 W San Antonio St #205
The Crossing Condos
$219,000 $206 2 bd / 2 ba 1,063 sqft , 2026-06-14
310 Pat Garrison St #8
Maple Creek Condos
$229,000 $249 2 bd / 2 ba 918 sqft , 2026-06-03
1221 W Hopkins St #2
West End Condos
$199,000 $214 2 bd / 2 ba 928 sqft , 2026-07-30
1013 Chestnut St #C2
Bent Tree Condos
$185,000 $193 2 bd / 2 ba 960 sqft , 2026-04-16
301 Armstrong St
Victory Gardens First Sec
$264,000 $281 3 bd / 2 ba 939 sqft , 2026-08-28

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
$1,054/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
$43,900
20% conventional investment loan

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

Estimated Gross Rent+$1,054
Principal + Interest−$1,198
Property Tax (~2.1% TX avg)−$384
Insurance (~0.5%)−$91
Est. Monthly Cash Flow $-619

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 11, 2026.

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