
Status: Active
125 Discovery Ln
San Marcos, TX 78666
$195,000
------/mo*
CalculateInvestor 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.
Read more- 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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Get StartedInterior 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
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.