About This Home

NEW CONSTRUCTION BY CENTEX HOMES! Available October 2025! The versatile four-bedroom Eastgate features a bright and airy family room-kitchen, plus a spacious Owner's Suite with walk-in closet.

At $156/sqft, this home is 32% below the San Marcos active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

813 Cardenas St, San Marcos, TX 78666

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Property Details

Price $299,990

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 1,924 sqft

Lot Size 0.12 acres (5,388.37 sqft)

Year Built 2025

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Alto

County Hays

Zip Code 78666

$/sqft $156/sqft

Days on Market ,

HOA $600/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT204971052

List Date August 19, 2025

Elementary School Dezavala

Middle School Goodnight

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.

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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 · August 19, 2025 $349,700

Previous ask $332,630

Current ask $299,990

▼ Reduced $49,710 (-14.2%) 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

158 Paul Pena Dr
Trace Sub Pa 2B Sec D $299,990 $195 3 bd / 2 ba 1,542 sqft , 2026-06-07

116 Hazy View Rd
Sky Ridge $299,990 $166 3 bd / 2 ba 1,809 sqft , 2026-06-23

237 Escondido Cir
Whisper Mixed Use Sub Ph 1A $299,995 $148 4 bd / 3 ba 2,022 sqft , 2026-04-10

216 MARY MAX Cir
The Retreat On Willow Creek Ph 4 $299,999 $159 4 bd / 2 ba 1,890 sqft , 2026-05-17

313 NEW ALBANY Ln
WHISPER SOUTH $300,000 $162 3 bd / 3 ba 1,852 sqft , 2026-03-31

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

$1,440/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

$59,998

20% conventional investment loan

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

Estimated Gross Rent+$1,440

Principal + Interest−$1,637

Property Tax (~2.1% TX avg)−$525

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-847

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 3, 2026.

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

813 Cardenas St