ActiveResidential · sale

700 Oak Grove

San Marcos, TX 78666

$750,000

  • 19.97 acres

Listed by Lacey Oak Realty · MLS #ACT4931282

700 Oak Grove, San Marcos, TX 78666 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Property size

19.97 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience refined Hill Country living and discover your own slice of paradise between San Marcos and Wimberley. This 20-acre private lot really has it all, a blank slate to create the homestead you’ve always wanted, the charm of country living, an unmatched blend of natural beauty and a central location. Nestled along Oak Grove Road, this exclusive estate lot offers the perfect balance, close to two quaint Texas towns, with the privacy and space you’ve been dreaming of. Surrounded by native trees including stately Live Oaks, graceful Cedar Elms, Juniper and Texas Persimmon, this land provides a tranquil setting to build your ideal custom home and enjoy country living at its finest. This is a rare opportunity to enjoy quiet solitude and peacefulness, while still having the convenience of two bustling cities, San Marcos only 15 minutes away and Wimberley only 30 minutes away! To the west, Wimberley invites you with its Hill Country charm, boutique shops, fine dining, wineries and renowned natural springs—a destination where tranquility and sophistication meet. To the east, San Marcos brings vibrant energy with its spring-fed river, lively downtown, premier outlet shopping and the cultural influence of Texas State University. Together, these two communities create a unique opportunity to enjoy the serenity of country living while remaining close to the region’s most desirable amenities. Embrace the tranquility, beauty and sophistication of one of the Hill Country’s most sought-after settings. Build a single dwelling or a multi-residence estate compound, the minimal deed restrictions make nearly anything possible! "Open Gate" every other Saturday! Price offered is below tax appraised value! Can be subdivided by buyer, seller will not subdivide.
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THE NEIGHBORHOOD

Explore the location.

700 Oak Grove, San Marcos, TX 78666

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Appliances
None
Fencing
None
Subdivision
The Highlands Sec C
Parcel
1139350000092A02
Elementary school
Blanco Vista Elem
Middle school
Laura B Wallace
High school
Jack C Hays
Annual property tax
$13,105.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,125.00
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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700 Oak Grove, San Marcos, TX 78666 · MLS #ACT4931282

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #ACT4931282 · Austin Board of Realtors

Listing brokerage: Lacey Oak Realty
Listing agent: Heather Vitko

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.