Market Overview for Zip Code 78655

There are 7 active listings in Zip Code 78655 with a median list price of $599K and a median sold price of $420K.

Homes average 53 days on market.

Over the past 30 days, 0 homes have sold, with 7 sales in the past 12 months.

The average price per square foot is $297.

About Zip Code 78655

Zip code 78655 covers Martindale, a small town of approximately 1,200 people in Caldwell County, located about 35 miles south of downtown Austin. Martindale sits along SH-142 and the San Marcos River, positioned between San Marcos to the west and Lockhart to the northeast. The town was settled in the 1830s and grew as a farming community along the river bottomland. The San Marcos River, one of the clearest spring-fed rivers in Texas, flows directly through the community, defining its character and recreational appeal. The surrounding terrain is a mix of Blackland Prairie farmland and wooded river corridors with pecan, cypress, and live oak trees.

Real estate in 78655 features a mix of small-town homes and rural acreage, with river properties commanding the highest prices. Homes in the Martindale townsite typically list from $200K for older two-bedroom houses to $400K for updated properties. Riverfront properties on the San Marcos River range from $500K to over $1 million depending on acreage, river frontage, and home improvements. Rural acreage away from the river with 5 to 20 acres lists from $300K to $600K. Manufactured homes on private lots are available starting around $100K. There is minimal subdivision development; most transactions involve existing homes or raw land. The area appeals to buyers seeking river property, hobby farms, or rural homesteads within commuting distance of San Marcos and Austin.

Students in 78655 attend either Lockhart ISD or San Marcos CISD depending on their location within the zip code. Lockhart ISD serves approximately 6,000 students with multiple campuses, while San Marcos CISD serves about 8,000 students. Both districts offer agricultural education programs. Lockhart ISD campuses are roughly 10 miles northeast, and San Marcos CISD campuses are about 7 miles west. The nearest private school options include San Marcos Academy, a college-prep boarding and day school about 10 minutes away, and Providence Classical Academy in Lockhart.

Martindale is approximately 35 minutes from downtown Austin via I-35 North from San Marcos, or about 40 minutes via SH-130 and SH-142. San Marcos is roughly 7 miles west, and Lockhart is about 10 miles northeast. Texas State University in San Marcos is the nearest major employer and educational institution. Most Martindale residents commute to San Marcos, Lockhart, Kyle, or Austin for work. The town has a post office, a volunteer fire department, and a handful of small businesses, but no grocery store or gas station. Residents rely on San Marcos or Lockhart for commercial services.

Living in Zip Code 78655