1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

125 Discovery Ln 
San Marcos, TX 78666

$195,000

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Investor opportunity in a prime rural location just off Hwy 123 and minutes from I-35! This spacious property sits in a quiet, established neighborhood yet offers unbeatable proximity to Target, the Outlet Mall, Texas State University, schools, hospitals, and entertainment. Located outside city limits with no HOA, it’s a rare chance to add value in a high-demand market. The oversized lot is shaded by mature pecan trees and includes a large shed—ideal for storage, a workshop, or future projects—with plenty of room for gardening or outdoor living. Utilities (electric, water, sewer) are already on site, though repairs will be needed. Inside, the home offers a generous floor plan with strong remodel potential. Foundation work and renovations are required, but the property is priced for the investor who can see the upside. With a covered front porch and spacious back patio, the outdoor footprint adds to the long-term appeal. Whether you’re looking to flip, rent, or hold for future gains, this property offers multiple exit strategies. With its large lot, utilities in place, and excellent location, it’s a true value-add investment opportunity in the heart of Central Texas.
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Bedrooms
2
Baths
1
House Size
1,200 sqft
Year Built
1978
Lot Size
0.44 ac
School District
San Marcos Cisd

Location

Market Insights

In the last 30 days, homes for sale in 78666, San Marcos, TX were on the market for a median of 88 days and 4.88% of homes sold above list price.

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Interior Information

appliances
Electric Cooktop
cooling
Ceiling Fan(s)
features
Ceiling Fan(s)
Eat-in Kitchen
fireplace
None
flooring
Combination
laundry features
Washer Hookup
Electric Dryer Hookup
view
None

Exterior Information

features
Balcony
fence
Other
Partial
See Remarks
road surface
Gravel
roof
Composition
Shingle

Property Information

architectural style
Traditional
community
None
construction
Wood Siding
foundation
Pillar/post/pier
sewer
Septic Tank
subdivision name
Glenn Price
utilities
Electricity Available
  • Listed By Judy DeLeon
  • (866) 277-6005
  • All City Real Estate Ltd. Co
  • (866) 277-6005
  • admin@allcityagents.com
  • MLS 590810

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$800 (0%)$91,761$70,125$161,886 (+12.2%)
2023$800 (-41.8%)$65,958$78,330$144,288 (+7.7%)
2022$1,376 (0%)$51,681$82,231$133,912 (+0.5%)
2021$1,376$50,564$82,706$133,270

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$1,294

30 year fixed·6.9% interest rate
Principal & Interest
$1,027
Property Taxes
$67
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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