Two separate homes on a 3-acre parcel in Country Estates offering Hill Country views and no city taxes (located in the Hays County ETJ). ASSUMABLE RATE FHA LOAN for qualified buyers - a rare financing advantage in today's market. The property includes two residences on the same acreage: an updated Hill Country brick home and a newer modern Southwestern custom home. The guest home is currently leased at $2,700/month, providing income potential for house-hackers and investors or flexible space for multi-generational living. Set among mature trees just 4 miles from the San Marcos Square, the property offers privacy, space, and versatility with room for gardening, outdoor living, a pool, workshop, or future improvements. Both homes share a private well. There is NO mandatory HOA. Voluntary neighborhood membership includes access to a community pool and tennis/pickleball courts. Additional improvements include a detached two-car garage and a storage shed. Ideal for multi-generational living, live-in-one/rent-the-other flexibility, or potential STR use (buyer to verify). HOME 1 - CLASSIC HILL COUNTRY BRICK 4 Bed | 3 Bath | 2,353 Sq Ft | Single Story * Split floorplan with private fourth bedroom and adjacent full bath * No steps and no carpet * High ceilings * Spacious living room with wood-burning fireplace * Formal dining + breakfast nook + breakfast bar * Primary suite with separate shower and garden tub * Covered porch and private yard * Detached two-car garage HOME 2 - MODERN SOUTHWESTERN CUSTOM 3 Bed | 2 Bath | 1,403 Sq Ft * Bright custom build with abundant natural light * Primary suite with ensuite bath, large closet, and access to sunroom * Guest bedroom with adjacent full bath * Additional bedroom or office * One-car garage Opportunities that combine acreage, dual residences, existing rental income, and assumable financing are increasingly rare this close to downtown San Marcos.
| MLS # | 1927071 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1989 |
| Days On Site | 263 |
| Listing Provided By | Kelly Right Real Estate of Tex | Ann Flink |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,756 |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 3.02 |
| Interior | One Living Area, Separate Dining Room, Eat-In Kitchen, Auxillary Kitchen, Breakfast Bar, 1st Floor Lvl/No Steps, High Ceilings, Open Floor Plan, All Bedrooms Downstairs, Laundry Main Level, Laundry Room, Walk in Closets |
|---|---|
| Heating | Central |
| Heating Fuel | Propane Owned |
| Fireplace | One, Living Room, Wood Burning |
| Number Of Fireplaces | 1 |
| Exterior | Brick, Stucco |
|---|---|
| Exterior Features | Covered Patio, Deck/Balcony, Privacy Fence, Storm Windows, Storage Building/Shed, Has Gutters, Mature Trees, Detached Quarters, Additional Dwelling |
| Roof | Composition, Metal |
| Foundation | Slab |
| Garage Parking | One Car Garage, Detached |
|---|
| Waterorsewer | Private Well, Septic |
|---|
| Tax Property Id | 1120850000030003 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 5701 |
| State | TX |
|---|---|
| County | Hays |
| City | San Marcos |
| Zip Code | 78666 |
| Area | Hays |
| Community Name | COUNTRY ESTATES |
| School District | San Marcos |
| Elementary School | Crockett |
| High School | San Marcos |
| Listing VS Median (in COUNTRY ESTATES) | |
Price: $899,000 low | high Med: $899,000 sqft: 3,756 low | high Med: 3,756 $ / sqft: $239 low | high Med: $239 On site: 263 low | high Med: 263 | |
| State | TX |
|---|---|
| County | Hays |
| City | San Marcos |
| Zip Code | 78666 |
| Area | Hays |
| Community Name | COUNTRY ESTATES |
| School District | San Marcos |
| Elementary School | Crockett |
| High School | San Marcos |
| Listing VS Median (in COUNTRY ESTATES) | |
Price: $899,000 low | high Med: $899,000 sqft: 3,756 low | high Med: 3,756 $ / sqft: $239 low | high Med: $239 On site: 263 low | high Med: 263 | |
![]() | $1,100,000830 Palomino LaneSan Marcos, TX 78666 |