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$706,660

NAL Estimated Property Value

117 Laughing Pear Dr, San Marcos, TX, 78666

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.47 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,407 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR161625
Lot Number17
SubdivisionPaso Robles
Land UseResidential
Legal DescriptionPASO ROBLES PHASE 3A, BLOCK K, LOT 17, ACRES 0.193 TAX CODES:SSM,WEU,WUS,TSM4
Census Tract010602
Assessed Land Value$145,650
Assessed Improvement Value$561,010
Assessment Year2025

About this property

Experience serene contemporary living in the picturesque Kissing Tree community of San Marcos. This prestigious 55+ luxury gated community is perfectly situated near the San Marcos Premium Outlets and the scenic Central Texas Hill Country, offering a wealth of high-end amenities for an active and social lifestyle. Located on a dreamy cul-de-sac corner lot, this beautifully constructed single-story home features lush professional landscaping and an entertainer’s dream back porch. Move-in ready, the home offers 3 bedrooms, a home office, 2.5 bathrooms, and 2,424 sq ft of living space. Custom-built in 2020, the home includes extensive builder upgrades like a premium contemporary kitchen and hardwood floors throughout. The living room boasts an elegant tray ceiling, a striking gas log fireplace with a stone hearth, and tasteful built-ins. Your living area flows seamlessly into the gourmet island kitchen and sunny dining area, featuring an oversized island with bar seating, granite countertops, built-in SS appliances, and modern finishes. The oversized primary suite includes a deluxe ensuite bath and large walk-in closet. A wall of glass sliders opens to the majestic covered back porch, complete with a gas hub for your grill and an alfresco patio extension. Additional amenities include a water softener, added insulation, and updated roof, gutters, and downspouts. Residents of this picturesque 55+ community enjoy a golf course, outdoor resort-style pool, indoor lap pool, fitness center, pickleball, Biergarten, café, clubs, bocce ball, horseshoes, planned social events, putting green, hike & bike trails, and more. Located in the prime Central Texas Corridor, halfway between Austin and San Antonio with retail, restaurants, and major medical just a 5 min drive along I-35, plus the excitement of San Marcos only 5 miles up the highway. This exquisite home is a must-see. Checkout the YouTube Floorplan video: https://youtu.be/et9tSDvQwO0 Schedule your showing today!

Investor Tools

Property Icon
$706,660
Estimated Property Value
$543,755Estimated Mortgage Balance
$163,743Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,341 /month
Positive
Cash Flow Estimate:
$1,447 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,338
$706,660
2025
$145,650
$561,010
$706,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,338
$706,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$555,200
No
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$543,755
$162,905
23%
77%
$3,329/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$3,329/mo
$-1,689/mo
2.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: San Marcos

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117 Laughing Pear Dr | Property Details | No Agent List