Multi-Residential Hill Country Estate
111 Clydesdale + 1405 Palomino Lane
San Marcos, TX 78666
Listed at $000,000
The Overview
This private 3-acre retreat features two separate homes, offering Hill Country privacy, no city taxes, and no rental permitting requirements thanks to its location in the Hays County ETJ. A rare opportunity, the property has two residences: a classic updated Hill Country brick home AND a new construction southwestern modern home on the same property, for turnkey income potential or multi-generational living. The property is just minutes from Downtown San Marcos. Set on level, wooded acreage, the estate provides space, flexibility, and long-term investment strength in a location that continues to grow in demand.
The primary residence is a spacious 4-bedroom, 3-bath single-story brick Hill Country home featuring a split bedroom layout, high ceilings, a large living room with a wood-burning fireplace. The secondary home is a modern 3-bedroom, 2-bath new custom home with abundant natural light and a thoughtful floor plan designed for comfort and privacy. Both homes share a private well and sit among mature trees with ample room for gardening, outdoor living, pool, or future improvements. The neighborhood also offers access to a community pool and tennis/pickleball courts.
Ideal for multi-generational living, house-hacking, STR operation, or a live-in-one/rent-the-other setup, this property provides a versatility that’s nearly impossible to find within city limits- while still being only four miles from the San Marcos Square.
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MLS Number:
Price:
Bedrooms: 4 bedrooms + 3 bedrooms
Bathrooms: 3 bathrooms + 2 bathrooms
Square Feet: 2353 + 1400
Year Built: 1989 + 2024
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4 bedrooms • 3 bathrooms • 2,353 sq ft
A spacious, single-story home built for gatherings, comfort, and connection. With a split floor plan and a private fourth bedroom with its own bath, it works beautifully for guests or extended family.
Interior Features
All bedrooms down
High ceilings & natural light
Large living room w/ wood-burning fireplace
Formal dining + breakfast bar
Walk-in closets
Separate shower & garden tub in primary
Smart thermostat
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3 bedrooms • 2 bathrooms
A bright, modern home with southwestern character and thoughtful touches throughout.
Features
Master suite w/ ensuite bath + large closet
Guest bedroom w/ adjacent full bath
Second guest room or office space
New construction with natural light
One-car garage + driveway parking
Private setting with acreage views
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Two separate homes on one 3.02-acre parcel
County location—no city taxes, no STR permitting required
Successful short-term rental history for both houses
Well & septic (lower utilities + no city bills)
No mandatory HOA + privacy + large lots
Minutes to Downtown San Marcos & Texas State University
Multiple use potential:
Owner + rental
Two-unit rental operation
Multi-generational estate
Corporate rental setup
Community pool & tennis courts (Neighborhood amenities)
Flat, partially wooded land with room for future improvements