Mortgage payment estimates, closing cost breakdowns, and homebuying data for San Marcos, Texas.
Pre-filled with San Marcos median home price and Texas tax/insurance rates. Adjust for your property.
Estimated closing costs based on Texas rates and fees applied to San Marcos prices.
The median home price in San Marcos is $315,000, roughly in line with the Texas state median of $310,000. With a population of 67,553, San Marcos is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Texas average 1.8% annually. This higher-than-average tax rate means a $315,000 home in San Marcos would carry roughly $473/month in property taxes alone — plan accordingly. Homeowners insurance in Texas runs approximately $3,800 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in San Marcos is $1,320/month. The price-to-rent ratio in San Marcos is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
San Marcos presents moderate affordability. The $315K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.