About This Home

Owner Financing Available! Low Down Payment! Call for Details! This turnkey two-story home is conveniently located just minutes from downtown San Marcos, Texas State University, shopping, dining, and major commuter routes including I-35. Recent updates include attractive wood-look LVP flooring, while the functional floor plan offers comfortable living for homeowners or tenants alike. The spacious primary suite features a large soaking tub and dual closets, and the covered back patio provides the perfect space for outdoor entertaining or relaxing. Bring the Dogs!!! Near to parks, shopping centers, the San Marcos River, and the popular San Marcos Premium Outlets, this property offers an excellent combination of convenience, lifestyle, and investment potential.

At $184/sqft, this home is 19% below the San Marcos active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1716 Ramona Cir, San Marcos, TX 78666

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Property Details

Price $319,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,740 sqft

Lot Size 0.14 acres (6,303.13 sqft)

Year Built 1996

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Oak Knoll

County Hays

Zip Code 78666

$/sqft $184/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,786.48

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236300700

List Date June 16, 2026

Elementary School Travis

Middle School Goodnight

High School San Marcos

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of San Marcos and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 16, 2026 $349,900

Current ask $319,900

▼ Reduced $30,000 (-8.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in San Marcos

Comparable Listings Right Now

Homes currently for sale in San Marcos with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

1211 N Bishop St
Out/Hays (Common) / A00924 I WESTOVER SV-335 1/2(L $325,000 $226 3 bd / 3 ba 1,440 sqft , 2026-08-26

129 Park Ln
Bishop Crossing Sec 2 $299,900 $200 3 bd / 2 ba 1,500 sqft , 2026-09-03

2037 Northview Dr
s0497- Bishop Crossing Subdivision Sec 1 $295,000 $187 3 bd / 3 ba 1,576 sqft , 2026-06-10

1405 Girard Ave
Z Williamson #3 $345,000 $233 4 bd / 3 ba 1,483 sqft , 2026-05-04

2047 Lisa Ln
Bishop Crossing Sub Sec 1 $349,000 $189 4 bd / 3 ba 1,848 sqft , 2026-06-26

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,536/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$63,980

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,536

Principal + Interest−$1,746

Property Tax (~2.1% TX avg)−$560

Insurance (~0.5%)−$133

Est. Monthly Cash Flow $-903

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near San Marcos, TX

San Marcos sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on September 4, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

1716 Ramona Cir