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$582,000

NAL Estimated Property Value

428 Spiny Lizard Ln, San Marcos, TX, 78666

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,300 Sq Ft
price_per_sqft$200 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Gas Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size4,835 sqft

Building Information

Year Built2019
Stories1
Roof Type105

Land Information

APNR162930
Lot Number7
SubdivisionTrace Sub Sec A Pa 1a Phase A-2
Land UseResidential
Legal DescriptionTRACE SUB SEC A PA 1A PHASE A-2, BLOCK H, LOT 7, ACRES 0.111 TAX CODES:SSM,YCI,PSMT
Census Tract010402
Assessed Land Value$66,380
Assessed Improvement Value$184,340
Assessment Year2025

About this property

$5,000 in buyer incentives! Use this toward closing costs, down payment, or to buy-down your interest rate!Welcome to this charming 3-bedroom, 2.5-bathroom home in the vibrant Trace community! The main level features a split floor plan, with the living area thoughtfully separated from the kitchen and dining area for a cozy yet spacious feel. You'll love the grey-toned laminate flooring that runs through the main level of this home. The kitchen boasts stainless steel appliances and an elegant backsplash, while a half bath, laundry closet, and additional storage under the stairs provide convenience and functionality. Upstairs, you'll find all three bedrooms. The primary ensuite is a retreat with a walk-in shower showcasing deep grey tile, adding a touch of luxury. Two more bedrooms down the hall share a full bathroom with a shower/tub combo. Outside, the backyard is generously sized, offering ample space to create your own oasis. The community amenities are resort-style, including a lap pool with a separate shallow area for all to enjoy, sand volleyball court, half basketball court, covered pavilion, BBQ pits, picnic tables for gatherings, and a playground. Wide sidewalks throughout the neighborhood promote walking, jogging, and outdoor time for fur babies. Conveniently located just minutes from the Outlet Mall, IH-35, San Marcos High School, medical offices, and entertainment options, this home offers both comfort and convenience. Rodriguez Elementary sits in the middle of the neighborhood, and a convenience store is easily accessible without leaving the subdivision for those last-minute grocery items, a car wash, or gas. Enjoy living on the edge of San Marcos, where you can venture to New Braunfels in less than 15 minutes, or go north and enjoy all that beautiful San Marcos has to offer. This home was built in 2019, sits at 1,300 square feet and has a roof that was replace in the summer of 2021 after a hailstorm. Refrigerator, washer and dryer are negotiable items.

Investor Tools

Property Icon
$582,000
Estimated Property Value
$242,548Estimated Mortgage Balance
$339,839Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,492 /month
Positive
Cash Flow Estimate:
$1,164 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,374
$250,720
2025
$66,380
$184,340
$250,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,374
$250,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$250,381
Yes
First
Jul 19, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,548
$339,452
58%
42%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,587/mo
+$53/mo
3.4%

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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428 Spiny Lizard Ln | Property Details | No Agent List