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Active Under ContractMLS #5030166

1022 W Martin Luther King DR # D, San Marcos TX 78666

San Marcos, TX 78666 · J M Stone Add

Single Family Residence for sale in J M Stone Add

4Bedrooms
2Bathrooms
1,746Square Ft
0.41Acres
2Garage
1945Year Built
1 / 40
$555,000$565,000

Overview

Property Description

Welcome to a charming San Marcos home located in the Dunbar Heritage Neighborhood filled with character and a bright, inviting atmosphere. Original windows and wood floors add to the home’s distinctive appeal, while sunlight filters throughout the interior, highlighting it's welcoming feel. Step outside to discover the property’s standout feature—a spacious backyard ready for relaxing, entertaining, gardening, or creating a private outdoor retreat. A brand new brick paver pathway leads to a detached 220-square-foot bonus area, offering flexibility for a home office, creative studio, hobby room, guest quarters, or other personal uses. With the amount of space in the backyard, there is plenty of room to build an ADU for kids, in-laws, or to use as a Vacation rental. Conveniently located near Downtown San Marcos, Texas State University, the San Marcos River, shopping, dining, and entertainment, with easy access to I-35, this property brings together a generous yard, adaptable bonus accommodations, original character, and a desirable location close to the heart of the city. Schedule your showing today!

Financial Info
Price
$555,000
$ / Sqft
$318
HOA
None
Tax Rate
2.06%
Est. Taxes
$9,769
Tax Year
2025
Exemptions
See Remarks
Legal Info
Address
1022 W Martin Luther King DR # D
County
Hays
City
San Marcos
State
TX
Zip
78666
Subdivision
J M Stone Add
Legal Description
J M STONE ADDN LOT PT OF 7 BLK 1 GEO#90207546
Parcel
1183250100007003
Interior Features
Floor
Wood
Num Living
1
Dining
1
Kitchen
Pantry
Appliances
Cooktop, Dishwasher, Oven, Refrigerator
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
See Remarks
Interior Features
See Remarks, Built-in Features, Pantry, Primary Bedroom on Main, Storage, Walk-In Closet(s)
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1945 / Resale
Square Feet
1,746 / Public Records
Garages
2
Garage Desc
Additional Parking, Attached Carport, Driveway
Foundation
Pillar/Post/Pier
Roof
Shingle
Construction
See Remarks
Acres
0.41
Lot Description
Alley Access, Front Yard
Restrictions
City Restrictions
Flood Plain
See Remarks
View
City, Trees/Woods
Water Access
No
Waterfront
No
Area
HS
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Other, Sewer Available, Water Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Back Yard
Exterior Features
See Remarks, Electric Car Plug-in, Gutters Partial, Private Yard, Deck, Patio, Porch
Pool On Property
No
Area Amenities
Park, Playground

Rooms

Rooms4 rooms

Main level

  • Primary Bedroom

    Ceiling Fan(s)

  • Living Room

    Ceiling Fan(s)

  • Kitchen

    Breakfast Bar, Pantry

  • Primary Bathroom

    Dual Vanity

Price history

Days on market
−$10,000 (−1.8%)
$565,000 → $555,000
1
Price reduction
Active Under Contract
Since Oct 30, 2026
Price trend
List priceSep 2026 → Oct 2026
Property history3 events
DateEventPriceChange
Oct 30, 2026Active Under Contract
Oct 2, 2026Price Decrease$555,000−$10,000 (−1.8%)
Sep 10, 2026New Listing

Taxes

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

Schools

School Info
District
SanMarcosCONSISD
Elementary
Hernandez
Middle
Miller
High
San Marcos

Maps

Financing

Your preferences

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

Saved on this device

List price $555,000
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

$4,083 / mo

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

Estimated monthly payment $4,083

Principal & interest
$2,806
Property taxes
$814
Homeowners insurance
$463

*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$444,000$4,963$28,714$439,037
2$439,037$5,295$28,382$433,742
3$433,742$5,650$28,027$428,093
4$428,093$6,028$27,649$422,065
5$422,065$6,432$27,245$415,633
6$415,633$6,863$26,814$408,770
7$408,770$7,322$26,354$401,448
8$401,448$7,812$25,864$393,636
9$393,636$8,336$25,341$385,300
10$385,300$8,894$24,783$376,406
  • Year 1$439,037
    Principal paid
    $4,963
    Interest paid
    $28,714
    Starting balance
    $444,000
  • Year 2$433,742
    Principal paid
    $5,295
    Interest paid
    $28,382
    Starting balance
    $439,037
  • Year 3$428,093
    Principal paid
    $5,650
    Interest paid
    $28,027
    Starting balance
    $433,742
  • Year 4$422,065
    Principal paid
    $6,028
    Interest paid
    $27,649
    Starting balance
    $428,093
  • Year 5$415,633
    Principal paid
    $6,432
    Interest paid
    $27,245
    Starting balance
    $422,065
  • Year 6$408,770
    Principal paid
    $6,863
    Interest paid
    $26,814
    Starting balance
    $415,633
  • Year 7$401,448
    Principal paid
    $7,322
    Interest paid
    $26,354
    Starting balance
    $408,770
  • Year 8$393,636
    Principal paid
    $7,812
    Interest paid
    $25,864
    Starting balance
    $401,448
  • Year 9$385,300
    Principal paid
    $8,336
    Interest paid
    $25,341
    Starting balance
    $393,636
  • Year 10$376,406
    Principal paid
    $8,894
    Interest paid
    $24,783
    Starting balance
    $385,300
First 10 of 30 years

Nearby

Courtesy of Keller Williams Realty · (512) 448-4111

Listings courtesy of ACTRIS as distributed by MLS GRID.