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Preforeclosure Homes in San Marcos, TX 78666

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Living in San Marcos, TX

San Marcos, TX is a charming city located between Austin and San Antonio, known for its vibrant arts scene, beautiful parks, and the San Marcos River. With a youthful vibe thanks to Texas State University, the city offers a mix of recreational and cultural activities, making it a great place to live for families and students alike.

Current Market Conditions in San Marcos, TX

The current real estate market in San Marcos is active, characterized by a steady increase in home values and demand. As a desirable location for both investors and residents, the market has been showing growth, particularly in areas close to the university and downtown. Many homes are selling quickly, often receiving multiple offers due to limited inventory and high buyer interest.

In the last year, San Marcos has seen a significant influx of new residents, contributing to the rising home prices and competitive nature of the market. The city’s appeal lies in its affordability compared to nearby Austin while still offering a dynamic lifestyle.

Home Value Estimator For San Marcos, TX

There are currently 19,383 real estate properties in San Marcos, TX, with a median automated valuation model (AVM) price of $303,563.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in San Marcos, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in San Marcos, TX, is $357,235.00, with the most expensive house in San Marcos, TX, topping out at $13,177,800.00 and the cheapest home in San Marcos, TX, clocking in at $19,279.00. In other words, there’s something for every potential homebuyer or savvy investor in San Marcos, TX!

Rent Prices In San Marcos, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in San Marcos, TX, is on a rollercoaster ride. The average rent price in San Marcos, TX, is $1,433.00. Indeed, when looking to rent in San Marcos, TX, you can expect to pay as little as $620.00 or as much as $3,000.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in San Marcos, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

San Marcos, TX 78666 Preforeclosure Homes


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