ActiveResidential · sale

287 SAN MARCOS TRL

New Braunfels, TX 78132

$1,650,000

  • 3 beds
  • 5 baths
  • 3,494 sq ft
  • 5.12 acres
  • Built 2005

Listed by Premier Town & Country Realty · MLS #2011854

287 SAN MARCOS TRL, New Braunfels, TX 78132 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The spacious family room is anchored by a stunning floor-to-ceiling native rock fireplace with gas logs, while the gourmet kitchen is designed for entertaining with an oversized island, gas cooktop, ample cabinetry, and generous workspace.

Year built

Built in 2005.

Property size

5.12 acres listed.

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

THE PROPERTY

Get to know the property.

Welcome to the prestigious gated community of Waggener Ranch, where refined Hill Country living meets unmatched natural beauty. Ideally located between New Braunfels and Canyon Lake, this exclusive acreage community is known for its custom estates, scenic landscapes, and free-roaming exotic wildlife, including Aoudad, Sika, Blackbuck, Fallow, and Axis deer. Offered for the first time, this is a meticulously crafted custom rock home situated on just over 5 picturesque acres. This exceptional property offers approximately 3,500 square feet, featuring 3 spacious bedrooms, 3.5 baths, a private executive office with custom built-ins, and a versatile bonus room above the garage. Towering grandfather oaks, lush landscaping, coastal pasture, and historic rock troughs and cistern create an unforgettable setting. Designed for the equestrian enthusiast, the property features a 90' x 300' riding arena, 60-foot round pen, four cross-fenced paddocks, and a 24' x 24' five-stall horse barn complete with electricity and tack room. Inside, soaring ceilings, expansive windows, and abundant natural light create an inviting atmosphere. The spacious family room is anchored by a stunning floor-to-ceiling native rock fireplace with gas logs, while the gourmet kitchen is designed for entertaining with an oversized island, gas cooktop, ample cabinetry, and generous workspace. The open floor plan easily accommodates large family gatherings and holiday celebrations. Built for comfort and efficiency, the home includes three HVAC systems, two water heaters, a private well, aerobic septic system, rainwater collection tanks, and a durable rock and stucco exterior accented by a metal roof and gutters. Enjoy peaceful mornings and spectacular sunsets from the oversized front porch as exotic wildlife wanders nearby. A circular drive, dual gated entrances, corner location, and exceptional privacy complete this extraordinary Hill Country estate. Offering luxury, functionality, and an unparalleled equestrian lifestyle, this rare Waggener Ranch property is truly one of a kind.
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THE NEIGHBORHOOD

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287 SAN MARCOS TRL, New Braunfels, TX 78132

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LOCAL MARKET CONTEXT

Comal County housing market

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

12-month price trend$423,696Down 0.7% vs. the previous 12 months
Months of supply7.112-month average
Days on market10512-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

Explore the full market report

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
2005
Full baths
2
Half baths
3
Cooling
Three+ Central, Zoned
Heating
Central, Zoned, 3+ Units
Flooring
Ceramic Tile
Exterior
4 Sides Masonry, Stone/Rock, Stucco
Pool features
None
Subdivision
WAGGENER RANCH COMAL
Parcel
560190005200
HOA
WAGGENER RANCH POA
HOA amenities
Controlled Access, Park/Playground, Lake/River Park
Elementary school
Bill Brown
Middle school
Smithson Valley
High school
Smithson Valley
Annual property tax
$16,888.00
HOA fee
$1,158.00

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$3,559.75
Estimated monthly rent$6,875.00
Cap rate2.84%

Annual operating income: $46,842.00

HOA: The listing source reports a $1,158.00 HOA fee, but not a usable payment frequency. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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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
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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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287 SAN MARCOS TRL, New Braunfels, TX 78132 · MLS #2011854

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Listing information

MLS #2011854 · San Antonio Board of Realtors

Listing brokerage: Premier Town & Country Realty
Listing agent: Kimberly Habermehl

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