Active Listing  ·  3 days on market

507 Field Corn Ln

San Marcos, TX 78666
$385,000
3 Bed 2 Bath 2,248 sqft $171/sqft Built 2016 0.20 acres 2-Car Garage Pool Blanco Vista Tr C Ph 1

Discover the perfect blend of comfort, functionality, and outdoor living in this meticulously maintained single-story home in the sought after Blanco Vista community. Featuring 3 bedrooms, 2 bathrooms, and a versatile second living area, this thoughtfully designed home offers flexible spaces, exceptional privacy, and convenient access to the neighborhood’s resort-style amenities. One of this home’s standout features is its premium setting along an open green space, with just over 100 feet separating the home from a neighboring backyard. A covered back patio creates the perfect spot for morning coffee, weekend gatherings, or unwinding at the end of the day. Two storage sheds provide additional space for storage, while the garage offers additional storage or workshop potential. Inside, the home combines practical design with inviting architectural details. Tile flooring extends throughout the home, with carpet in the three bedrooms and flex room. The airy main living area features vaulted ceilings and plantation shutters throughout the home. The kitchen serves as the heart of the home, showcasing upgraded stainless steel appliances. Need another place to unwind or gather? The additional flex living area can easily accommodate a media room, hobby space, playroom, or second lounge. Privately positioned at the rear of the home, the primary suite offers a relaxing retreat complete with an en-suite bathroom featuring dual vanities, a deep soaking tub, and a separate walk-in shower. Two generously sized secondary bedrooms share a full bathroom with a recently installed ADA-compliant walk-in shower. A state-of-the-art security system, including cameras, also conveys with the home. Residents enjoy access to community amenities, including a pool, splash pad, park and trails. The home is within walking distance of Blanco Vista Elementary School. With quick access to I-35 and SH-130, commuting to ABIA, Austin, and San Marcos is straightforward.

At $171/sqft, this home is 23% below the San Marcos active market average of $223/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

507 Field Corn Ln, San Marcos, TX 78666

Property Details

Price $385,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,248 sqft
Lot Size 0.20 acres (8,594.39 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Blanco Vista Tr C Ph 1
County Hays
Zip Code 78666
$/sqft $171/sqft
Days on Market ,
HOA $165/Quarterly
Annual Tax Est. $9,173.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250253863
List Date October 20, 2026
Elementary School Blanco Vista Elem
Middle School Laura B Wallace
High School Jack C Hays
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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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
373 LACEY OAK Loop
Blanco Vista
$389,707 $182 4 bd / 3 ba 2,143 sqft , 2026-05-15
706 Irvin Dr
Blanco Vista Tr I Sec A & School Tr
$399,000 $137 4 bd / 3 ba 2,907 sqft , 2026-08-27
1117 Blue Oak Blvd
Blanco Vista Tr N
$370,000 $206 3 bd / 2 ba 1,800 sqft , 2026-07-10
332 Ancient Oak Way
Blanco Vista Tr G-H
$400,000 $165 4 bd / 3 ba 2,420 sqft , 2026-06-02
310 Durata Dr
Blanco Vista Tr K-1
$410,000 $201 4 bd / 2 ba 2,041 sqft , 2026-01-20

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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 October 21, 2026.

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