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Active Under ContractMLS #3292003

197 Thomas DR, Martindale TX 78655

Martindale, TX 78655 · Hopson Ranch Estates

Single Family Residence for sale in Hopson Ranch Estates

3Bedrooms
2Bathrooms
1,404Square Ft
1.00Acres
2Garage
1999Year Built
1 / 27
$340,000$384,000

Overview

Property Description

Great opportunity in Hopson Ranch in Martindale! This 3-bedroom, 2-bath home sits on a full acre just outside San Marcos, offering space, functionality, and exceptional value. Featuring two living areas and ample garage storage, the home provides flexible living options with room to grow. ***New roof installed July 2026*** Enjoy the charm of small-town living in Martindale—known for its relaxed pace, friendly community, and easy access to the San Marcos River, perfect for floating, kayaking, or unwinding outdoors. You’ll love the peaceful setting of Hopson Ranch while still being just minutes from shopping, dining, and everyday conveniences in San Marcos.

Financial Info
Price
$340,000
$ / Sqft
$242
HOA
None
Tax Rate
1.96%
Est. Taxes
$7,361
Tax Year
2025
Exemptions
None
Legal Info
Address
197 Thomas DR
County
Caldwell
City
Martindale
State
TX
Zip
78655
Subdivision
Hopson Ranch Estates
Legal Description
HOPSON RANCH ESTATES, LOT 41, ACRES 1.001
Parcel
100084204100000
Interior Features
Floor
Carpet, Tile
Num Living
2
Dining
1
Appliances
Built-In Range, Dishwasher, Disposal, Microwave, Electric Water Heater
Laundry
Laundry Room, Main Level
Master Bed
Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room, Wood Burning
Interior Features
Ceiling Fan(s), High Ceilings, Multiple Living Areas, No Interior Steps, Walk-In Closet(s), None
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1999 / Resale
Square Feet
1,404 / Public Records
Garages
2
Garage Desc
Garage
Foundation
Slab
Roof
Composition, Shingle
Construction
Brick
Acres
1.00
Lot Description
None
Restrictions
None
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
CC
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Phone Available, Sewer Connected, Water Connected
Heat
Central, Electric
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Back Yard, Wood
Exterior Features
None, Covered, Deck, Enclosed, Patio, Porch
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$44,000 (−11.5%)
$384,000 → $340,000
2
Price reductions
Active Under Contract
Since Apr 16, 2026
Price trend
List priceApr 2026Jul 2026
Property history6 events
DateEventPriceChange
Sep 11, 2026Active Under Contract
Jul 30, 2026Price Decrease$340,000−$29,000 (−7.9%)
Jun 29, 2026Back On Market
Jun 17, 2026Active Under Contract
May 27, 2026Price Decrease$369,000−$15,000 (−3.9%)
Apr 16, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
SanMarcosCONSISD
Elementary
Dezavala
Middle
Goodnight
High
San Marcos

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $340,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$2,615 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $2,615

Principal & interest
$1,719
Property taxes
$613
Homeowners insurance
$283

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$272,000$3,040$17,590$268,960
2$268,960$3,244$17,387$265,716
3$265,716$3,461$17,170$262,255
4$262,255$3,693$16,938$258,562
5$258,562$3,940$16,691$254,622
6$254,622$4,204$16,427$250,418
7$250,418$4,486$16,145$245,932
8$245,932$4,786$15,845$241,146
9$241,146$5,107$15,524$236,040
10$236,040$5,449$15,182$230,591
  • Year 1$268,960
    Principal paid
    $3,040
    Interest paid
    $17,590
    Starting balance
    $272,000
  • Year 2$265,716
    Principal paid
    $3,244
    Interest paid
    $17,387
    Starting balance
    $268,960
  • Year 3$262,255
    Principal paid
    $3,461
    Interest paid
    $17,170
    Starting balance
    $265,716
  • Year 4$258,562
    Principal paid
    $3,693
    Interest paid
    $16,938
    Starting balance
    $262,255
  • Year 5$254,622
    Principal paid
    $3,940
    Interest paid
    $16,691
    Starting balance
    $258,562
  • Year 6$250,418
    Principal paid
    $4,204
    Interest paid
    $16,427
    Starting balance
    $254,622
  • Year 7$245,932
    Principal paid
    $4,486
    Interest paid
    $16,145
    Starting balance
    $250,418
  • Year 8$241,146
    Principal paid
    $4,786
    Interest paid
    $15,845
    Starting balance
    $245,932
  • Year 9$236,040
    Principal paid
    $5,107
    Interest paid
    $15,524
    Starting balance
    $241,146
  • Year 10$230,591
    Principal paid
    $5,449
    Interest paid
    $15,182
    Starting balance
    $236,040
First 10 of 30 years

Nearby

Courtesy of The Damron Group REALTORS · (512) 392-7653

Listings courtesy of ACTRIS as distributed by MLS GRID.