905 Mountain DR
About This Property
Set on a beautifully treed 1.06-acre homesite, 905 Mountain Drive in San Marcos, Texas offers refined Hill Country living with space, privacy, and versatility. This thoughtfully designed residence features 3 bedrooms, 2.5 baths, and a dedicated office, providing flexibility for remote work, guests, or creative pursuits.
The interior offers a comfortable yet upscale feel, with generous living areas that flow seamlessly for everyday living and entertaining. Step outside to discover a property designed for both enjoyment and functionality. A private backyard gazebo creates an inviting setting for outdoor gatherings or quiet evenings, while the workshop and separate storage building offer exceptional space for hobbies, equipment, or future customization-an increasingly rare amenity in this area.
Located in the desirable San Marcos community, residents enjoy a unique blend of natural beauty and modern convenience. Known for the spring-fed San Marcos River, scenic parks, and extensive trail system, the area offers an active outdoor lifestyle alongside a vibrant cultural scene anchored by Texas State University. With easy access to both Austin and San Antonio, San Marcos provides an ideal balance of small-town charm and big-city connectivity.
This property presents a rare opportunity to own an acreage homesite with luxury appeal, versatile outbuildings, and a prime Central Texas location.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$592,500
↓ $17K
(2.8%) | |
| Price Decreased | |||
| Jun 13, 2026 | Relisted | $609,500 | |
| Relisted | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$609,500
↓ $20K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017