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Guadalupe 78655
1295 Martindale Falls Road
$595,000 Last Listed Price
● House - Off Market

1295 Martindale Falls Road

Martindale, TX 78655
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,989 Ft²
$612,711
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Incredibly charming 1,989 square foot, 3-bedroom, 3-full bath home on the San Marcos River (spring fed with a constant temperature of 72 degrees). This home sits on a little over a half of an acre, features 2-master bedrooms, kitchen open to the living room, fireplace in the living room, large indoor storage area, vaulted ceilings, sunroom, and amazing views.
Unit Size
1,989 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$299
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (HAR #36878379)

Price History

Date / Event Date Event Price
Mar 10, 2022 Sold
Premium
Sold
Feb 7, 2022 Listed by Uncommon Realty $595,000
Listed by Uncommon Realty
Incredibly charming 1,989 square foot, 3-bedroom, 3-full bath home on the San Marcos River (spring fed with a constant temperature of 72 degrees). This home sits on a little over a half of an acre, features 2-master bedrooms, kitchen open to the living room, fireplace in the living room, large indoor storage area, vaulted ceilings, sunroom, and amazing views.

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 52
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,989
  • Gross Building Area: 2,561
  • Building Area: 1,989
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,989
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALLS @ MARTINDALE (THE)
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FALLS @ MARTINDALE (THE) LOT 7 .59 AC

Neighborhood

  • School District Name: San Marcos Consolidated Independent School District
  • Census Tract: 210506

Geography

  • Parcel: 1G0980-0000-00700-0-00
  • Lot: 7
  • Municipality: MARTINDALE
  • Latitude: 29.8205
  • Longitude: -97.8409

    Address

  • Full Address: 1295 Martindale Falls Rd
  • Address - House Number: 1295
  • Address - Street Name: Martindale Falls
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Martindale
  • Carrier Code: R401
  • 4-Digit Zip Code: 2529
  • Zip Code: 78655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $653,672
  • Tax Rate Code Area: YCW

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 554,770
  • High Value: 670,202
  • Low Value: 439,339

    Market Valuation

  • Market Total Value: $495,431
  • Market Land Value: $113,149
  • Market Improvement Value: $382,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,431
  • Assessed Land Value: $113,149
  • Assessed Improvements Value: $382,282

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8021
  • Previous Sale Recording Date: Jul 20, 2017
  • Previous Sale Contract Date: May 28, 2016
  • Previous Sale Amount: $201,900
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Guadalupe

Stats & Trends

Median Asking:

$301,393

Sale Price/ft²

$152

Above Asking

94.04%

Average Days on Market

91

Average Home Size

2189 ft²

Average Home Age

13.5 years

Currently For Sale

1516 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 12943 Hwy 142, TX, 78655

$700 /mo

  • 1 Bed
  • 1 Bath
  • 169,448 ft²
12943 Hwy 142, TX, 78655 Listing by Rick Rivera
Unit for rent at 100 Quail Run Rd, Martindale, TX, 78655

$750 /mo

  • 1 Bed
  • 1 Bath
  • 2,913 ft²
100 Quail Run Rd #1, Martindale, TX, 78655 Listing by Sandra Spears

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Robbie English, Uncommon Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 36878379
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 1295 Martindale Falls built and last sold?
The property at 1295 Martindale Falls was built in 1997 and last sold on Mar 10, 2022 for $746,928.
How much is this home worth?
The estimated value of the home located at 1295 Martindale Falls is $600,964.
What are some comparable homes to 1295 Martindale Falls?
There are currently no comparable homes to 1295 Martindale Falls.
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