ActiveResidential · sale

501 Lovejoy Lane

San Marcos, TX 78666

$1,599,900

  • 5 beds
  • 4 baths
  • 4,552 sq ft
  • 20 acres
  • Built 2003

Listed by Holt & Associates Realty Group · MLS #616750

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PROPERTY QUESTIONS & SHOWINGS

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501 Lovejoy Lane, San Marcos, TX 78666 · MLS #616750

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

This lushly landscaped home provides various blooming flowers, plants, trees, and vegetation with a pool, spa, screened-in gazebo, treehouse, playscape, porches, guest house, and plenty of room to roam in the hilly terrain behind the main house.

Living spaces

The second bedroom is downstairs, along with two full bathrooms, a large game room, a bar area with sink, cabinetry, a refrigerator, microwave, a living room that leads to the back patio, pool, gazebo, & entertainment area.

Year built

Built in 2003.

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

THE PROPERTY

Get to know the property.

Move In Ready Hill Country Estate! Very private ag-exempt (wildlife) country home with 20 acres on a private road w/ two fenced pastures. This lushly landscaped home provides various blooming flowers, plants, trees, and vegetation with a pool, spa, screened-in gazebo, treehouse, playscape, porches, guest house, and plenty of room to roam in the hilly terrain behind the main house. The barn(32x60) has a full kitchen (24x32), and three large work area bays. A few of the recent upgrades include a new roof and gutters (2021), sprinkler system (2019), emergency generator & 1000 gallon propane tank (2020), barn upgrades, and a large chicken coop (12x18) which has gardenias, mature trees, and a large electric fenced area, along with many more upgrades throughout the property. Ask your agent for a complete list. The kitchen has a 6-burner gas stove, double ovens, and a large island with a sink. The primary suite includes a fully renovated luxury shower, double sinks, Knotty Wood cabinets and trim, customized walk-in closet spaces, and a second customized closet area. The second bedroom is downstairs, along with two full bathrooms, a large game room, a bar area with sink, cabinetry, a refrigerator, microwave, a living room that leads to the back patio, pool, gazebo, & entertainment area. Upstairs, there are three bedrooms with a full bathroom. There are generous custom cabinetry and storage areas throughout the home and in the 3-car garage. The garage has a double sink, counter space, and cabinets.

THE NEIGHBORHOOD

Explore the location.

501 Lovejoy Lane, San Marcos, TX 78666

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LOCAL MARKET CONTEXT

Hays County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$376,741Up 1.8% vs. the previous 12 months
Months of supply5.312-month average
Days on market9112-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
4
Half baths
0
Garage spaces
3
Cooling
CentralAir,Electric,ThreeOrMoreUnits
Heating
Central,Electric,Fireplaces,Propane,MultipleHeatingUnits
Appliances
DoubleOven,Dishwasher,Disposal,GasRange,IceMaker,MultipleWaterHeaters,PropaneWaterHeater,RangeHood,TrashCompactor,SomeGasAppliances,BuiltInOven,Cooktop,Microwave,WaterSoftenerOwned
Flooring
Carpet,Hardwood,Tile
Utilities
AboveGroundUtilities,ElectricityAvailable,NaturalGasConnected,Propane,Other,SeeRemarks,TrashCollectionPrivate,WaterAvailable
Exterior
Porch,Storage,PropaneTankOwned
Fencing
CrossFenced,Full,Perimeter,Wire
Pool
Yes
Pool features
InGround,OutdoorPool,Private
Spa
Yes
Subdivision
Bethke Acres
Parcel
R103363

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$6,666.25
Cap rate

Annual operating income:

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
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 & interestLoan 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
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Listing information

MLS #616750 · Central Texas MLS

Listing brokerage: Holt & Associates Realty Group
Listing agent: Walton Holt

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