701 Summit PASS, San Marcos TX 78666

San Marcos, TX 78666 | Highlands Sec

Ed's Opinion of Value

$299,000 Ed's Estimate: $486,293 $850,000
Lowest Comp Recommended List: $345,000 to $355,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $486,293. To generate strong buyer interest while maximizing value, I'd price this between $345,000 and $355,000. Among the similar homes currently available in HIGHLANDS SEC, this price point stands out as competitive. At 417 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. Buyers in HIGHLANDS SEC have 3 comparable options right now, with asking prices between $299,000 and $850,000. The trend in HIGHLANDS SEC shows prices have fallen 43.2% in the past 6 months. 1001 Alpine TRL, San Marcos TX 78666 nearby adjusts to $699,524; with a smaller floor plan and no pool. 7 comparable transactions in HIGHLANDS SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
1,999 Sq Ft
9.172 Acres
1976 Built
2 Garage

About This Property

Hill Country Living on 9.2 acres with Income-Producing Potential Welcome to this exceptional property nestled outside of San Marcos that offers not only a beautifully updated home with multiple possibilities for income generation. With 9.2 acres, this property is an ideal haven for those seeking privacy and a connection with nature. The surrounding landscape showcases the rolling Texas Hill Country. The house features 3 bedrooms, 2.5 bathroom tastefully updated with new windows (2016), interior/exterior paint, modern lighting, and stained concrete floors. HVAC and water heater replaced in 2016. The spacious living room is open to the kitchen and dining room for entertaining. Two large sliding glass doors open to the backyard where you can relax and enjoy the outdoors under a covered patio. The kitchen is equipped with modern appliances and granite countertops. The primary bedroom features a large walk-in closet and an updated ensuite bath provides a large walk-in shower. Step outside and you'll discover a multitude of income-generating opportunities. Whether you envision starting an agricultural venture, such as a vineyard, orchard, or organic farming, or developing a recreational facility, such as a horse ranch, campground, or event venue, the options are many. The property offers two large barns, eight RV hookups, and an 8-foot Cowboy Pool. The first barn includes a tack room, wash bay, and three large horse stalls as well as a rainwater collection system that feeds the house after going through a filtration system. The second barn provides ample storage for vehicles, an airstream, or a tractor. Conveniently located just 15 minutes west of San Marcos, 30 minutes south of Austin, 30 minutes to Wimberley, and 45 minutes north of San Antonio, this is an exceptional chance for entrepreneurs, investors, or those seeking a unique property to create a sustainable income stream. Let your imagination run wild with the possibilities this property has to offer.

Property Highlights

Pool Above Ground, See Remarks

Features

  • Primary Bedroom on Main

Location

Schools

School District San Marcos ISD
Elementary Travis
Middle School Goodnight
High School San Marcos

Property Details

Property Type Residential
Flooring Concrete
Cooling Central Air
Heating Central
Exterior RV Hookup, See Remarks
County Hays
MLS # 8934220

Parking

Garage 2 spaces

Tax Information

Annual Taxes $8,264 (2022)

Listing History

MLS# 8934220 277 days
Jun 4, 2024 Off Market
Mar 7, 2024 Price Change $699,000
Jul 7, 2023 Listed $750,000

Frequently Asked Questions About 701 Summit PASS, San Marcos TX 78666

When was 701 Summit PASS, San Marcos TX 78666 built?

701 Summit PASS, San Marcos TX 78666 was built in 1976.

How much does 701 Summit PASS, San Marcos TX 78666 cost?

701 Summit PASS, San Marcos TX 78666 sold on June 4, 2024. Contact us for sale price details.

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