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$710,000

NAL Estimated Property Value

1255 Falconwood Dr, San Marcos, TX, 78666

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.08 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Double Oven, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size3.10 acres

Building Information

Year Built2001
Stories1
Roof Type105

Land Information

APNR90317
Lot Number103
SubdivisionFalcon-Wood
Land UseResidential
Legal DescriptionFALCON-WOOD, LOT 103, ACRES 3.10 TAX CODES:RSP,SSM,WEU,WUS
Census Tract010603
Assessed Land Value$204,150
Assessed Improvement Value$354,600
Assessment Year2025

About this property

Private Retreat on 3+ Acres in Falconwood, San Marcos Discover the tranquility of country living on this expansive 3+ acre property in the desirable Falconwood community of San Marcos, TX. This charming 3-bedroom, 2-bathroom home, complete with a dedicated study, offers a perfect blend of comfort and functionality. Step inside to find a spacious and inviting layout, ideal for family living and entertaining. The detached carport includes a versatile 23x11 air-conditioned office/storage/flex space, perfect for working from home, hobbies, or additional storage. Outdoors, you'll find an 18x20 shed providing ample space for tools and equipment, as well as a 40x60 high-fenced garden ready for your green thumb. The property offers unparalleled privacy, making it an ideal retreat from the hustle and bustle. Located equidistant between San Marcos and Wimberley, this home offers the best of both worlds. Take advantage of the amenities and vibrant lifestyle of San Marcos, while being able to slip away to the quaint tourist destination of the Wimberley Square. Enjoy charming shops, delightful restaurants, and community events just a short drive away. Don’t miss this rare opportunity to own a private retreat with endless possibilities. Schedule your showing today and experience the charm and potential of this unique property!

Investor Tools

Property Icon
$710,000
Estimated Property Value
$570,440Estimated Mortgage Balance
$140,448Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,260 /month
Positive
Cash Flow Estimate:
$1,420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$96/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,832
$558,750
2025
$204,150
$354,600
$558,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,832
$558,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$584,250
No
First
Dec 5, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,440
$85,560
13%
80%
$3,503/mo

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.

Explore Texas Explore This Area
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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1255 Falconwood Dr | Property Details | No Agent List