ActiveResidential · sale

761 Allison Lane

San Marcos, TX 78666

$4,250,000

  • 8 beds
  • 11 baths
  • 8,600 sq ft
  • 38.94 acres
  • Built 2018

Listed by Walker Texas Team, KW Realty · MLS #536903

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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761 Allison Lane, San Marcos, TX 78666 · MLS #536903

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Gorgeous Views and beautiful sunsets right from your oversized covered porch.

Year built

Built in 2018.

Garage parking

3 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Large estate on 38.9 acres. Completely fenced with a 12-foot game fence and grand rock entrance. Live the life of luxury in this almost 9,000 sqft of living space with 8 bedrooms 8 full baths and 3 half baths. Custom built in every nook and cranny with Texas stone, hardwood, and granite cabinetry. Two large fireplaces, swimming pool, outdoor basketball court, indoor RV parking garage, indoor and an outdoor bar with complete catering setup, or relax in your own private movie theatre.
Other outdoor amenities include dog kennels, livestock pens, barns, and sheds. Large backyard area fenced with wrought iron. Gorgeous Views and beautiful sunsets right from your oversized covered porch. Super unique feature is your own private natural cave that you can explore!
Centrally located in the heart of Texas Hill Country right next to the Wimberley Junction on R12 and FM 32. Estate is at the end of the gated subdivision of Trails End Ranch. Less than 30 minutes to Canyon Lake, Wimberley, San Marcos, or New Braunfels. Looking for country living near the big cities? You are less than an hour away from Austin or San Antonio! This is the Texas Hill Country Ranchette you have been waiting for!
Explore the locationMore properties in San Marcos

THE NEIGHBORHOOD

Explore the location.

761 Allison 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$379,135Up 2.6% vs. the previous 12 months
Months of supply5.512-month average
Days on market9212-month weighted average

Latest available data: September 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
2018
Full baths
8
Half baths
3
Garage spaces
3
Cooling
ThreeOrMoreUnits,Zoned
Heating
Central,Electric,Fireplaces,Propane,MultipleHeatingUnits,Zoned
Appliances
DoubleOven,GasCooktop,Disposal,IceMaker,Other,PlumbedForIceMaker,Refrigerator,RangeHood,SomeCommercialGrade,SeeRemarks,VentedExhaustFan,SomeGasAppliances,Cooktop,Microwave,SeparateIceMachine
Flooring
Concrete,Tile,Wood
Utilities
ElectricityAvailable,Propane,PhoneAvailable,TrashCollectionPrivate
Exterior
Balcony,CoveredPatio,GasGrill,HorseFacilities,OutdoorGrill,OutdoorKitchen,Other,Porch,PrivateYard,RainGutters,Storage,SportCourt,SeeRemarks,PropaneTankOwned
Fencing
GameFence,WroughtIron
Pool
Yes
Pool features
Fenced,InGround,OutdoorPool,Private
Spa
No
Subdivision
Trails End Ranch
Parcel
R90854

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

Investor outlook Rental potential, ownership costs and property management

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$17,708.33
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 & 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

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  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.

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Stone-front home with a landscaped lawn and central entry
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From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

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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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Listing information

MLS #536903 · Central Texas MLS

Listing brokerage: Walker Texas Team, KW Realty
Listing agent: James Walker

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.