Active Listing  ·  159 days on market

800 N Bishop St

San Marcos, TX 78666
$340,000
4 Bed 2 Bath 2,727 sqft $125/sqft Built 1935 0.87 acres 2-Car Garage Pool Westover

PRICE REDUCTION! BEING SOLD AS IS. Don’t miss this rare opportunity to own a one-of-a-kind property on nearly an acre, just under 2 miles from Texas State University. This charming 1935 home is rich with character and ready for your personal touch. Being sold as-is, it offers incredible potential for buyers with vision.

The location is truly exceptional—less than three blocks from Wonder World Cave and within walking distance of the Prospect Park Trailhead for Purgatory Creek Trail—making it perfect for those who value both convenience and outdoor living.

With over 2,700 square feet of space, the home features generously sized bedrooms, expansive living areas, and abundant storage throughout. Originally relocated to its current site in 1971, the property now spans approximately 0.87 acres across 3.5 combined lots. A 1997 addition expanded the home to its current footprint, enhancing both space and functionality.

The oversized lot opens the door to endless possibilities: design your dream backyard, add a pool, cultivate a garden, or create the ultimate outdoor entertaining space.

Come explore the potential and envision the future—schedule your showing today!

At $125/sqft, this home is 45% 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

800 N Bishop St, San Marcos, TX 78666

Property Details

Price $340,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,727 sqft
Lot Size 0.87 acres (37,897.2 sqft)
Year Built 1935
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westover
County Hays
Zip Code 78666
$/sqft $125/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,129.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223003793
List Date April 17, 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.

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 · April 17, 2026 $429,000
Previous ask $345,000
Current ask $340,000
Reduced $89,000 (-20.7%) 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
2047 Lisa Ln
Bishop Crossing Sub Sec 1
$349,000 $189 4 bd / 3 ba 1,848 sqft , 2026-06-26
2216 Garden Ct
Garden At Willow Creek
$365,000 $148 3 bd / 3 ba 2,462 sqft , 2025-03-05
416 Stagecoach Trl
The Park At Willow Creek
$369,900 $150 4 bd / 3 ba 2,468 sqft , 2026-03-27
362 Stagecoach Trl
Park Court at Willowcreek
$374,990 $195 4 bd / 3 ba 1,925 sqft , 2026-09-08
434 Stagecoach Trl
The Park At Willow Creek
$397,000 $171 3 bd / 3 ba 2,323 sqft , 2025-12-23

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-961

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

More Luxury Homes in San Marcos

Loading…
View All Luxury Homes →
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 21, 2026.

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