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$480,000

NAL Estimated Property Value

830 Palomino LN 1, San Marcos, TX, 78666

$624,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,613 Sq Ft
price_per_sqft$420.97 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesBuilt In Electric Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Self Cleaning Oven, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Entrance, Private Yard, Rain Gutters, Rv Hookup
Lot Size4 acres

Building Information

Garage Spaces2

Land Information

APNR113347
SubdivisionThomas H W Forsith Survey
Land UseResidential
Legal DescriptionA0173 THOMAS H W FORSITH SURVEY, ACRES 4.00 TAX CODES:SSM,WEU,WUS,EHA
Census Tract010704
Assessed Land Value$188,610
Assessment Year2025

About this property

Tucked away at the end of a long private drive beneath towering Oak trees, 830 Palomino offers peaceful country living with exceptional privacy just minutes from San Marcos. Situated on 7 scenic acres just outside the city limits, this remarkable property combines timeless craftsmanship, flexibility, and convenience with low tax rates and very few restrictions. The beautifully constructed stone home features rich hardwood floors, sandstone tile, custom plantation shutters, soaring ceilings, and a stunning floor-to-ceiling wood-burning stone fireplace anchoring the main living area. The updated kitchen offers granite countertops, stainless steel appliances, abundant prep space, and an inviting layout ideal for both daily living and entertaining. A formal dining room provides flexibility for gatherings, a home office, library, or additional living space. The spacious primary suite includes a separate sitting area perfect for reading or relaxing. The primary bath features double vanities and a walk-in shower for both comfort and functionality. Outside, enjoy a covered back patio overlooking the beauty and tranquility of the land, mature Oaks throughout the property, and a raised garden ready for gardening enthusiasts. Designed for both lifestyle and function, the property also includes an impressive 1,200 sq. ft. workshop complete with RV parking and hookup, covered parking, ramp access, and loading dock capabilities. A second detached garage/workshop of approximately 676 sq. ft. offers excellent potential for a guest house, studio, or mother-in-law suite. The property consists of two adjoining tracts totaling 7 acres, creating flexibility while preserving the privacy and spaciousness that make this property so special. Residents also enjoy neighborhood amenities including a pool and tennis courts, all while being only minutes from Texas State University, downtown San Marcos, shopping, dining, and the river.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$0Estimated Mortgage Balance
$480,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,859
$188,610
2025
$188,610
N/A
$188,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,859
$188,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$480,000
100%
0%
$0/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.

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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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830 Palomino LN 1 | Property Details | No Agent List