Active Listing  ·  78 days on market

1905 Castle Gate Cir

San Marcos, TX 78666
$265,000
3 Bed 2 Bath 1,194 sqft $222/sqft Built 1982 0.17 acres 2-Car Garage Pool Castle Forest

Some homes simply check the boxes. This one tells a story.

Welcome to 1905 Castle Gate in San Marcos—a beautifully renovated 3-bedroom, 2-bath home offering approximately 1,194 square feet of move-in-ready living. Every major update has already been completed, so you can skip the projects and start enjoying your new home from day one.

Inside, you'll find granite countertops, stylish cabinetry, stainless steel appliances, luxury vinyl plank flooring throughout (no carpet!), newer paint, updated bathrooms, and a cozy wood-burning fireplace that creates the perfect place to gather.

Step outside and discover what truly sets this property apart. Relax under the backyard pergola, entertain on the patio, grow your own vegetables in the raised garden beds, or enjoy fresh eggs from your very own chicken coop. The screened-in patio with a convenient doggie door is perfect for pet lovers and year-round enjoyment.

Located just minutes from Texas State University and vibrant downtown San Marcos, you'll enjoy easy access to shopping, dining, entertainment, and everything this growing community has to offer. Best of all, there's no HOA, giving you the freedom that's becoming increasingly difficult to find.

Whether you're a first-time buyer looking for a turnkey home without the expense of renovations or an investor seeking an exceptional rental opportunity near the university, this home is ready to impress.

Homes offering this combination of modern updates, outdoor living, location, and value don't stay on the market for long. Schedule your private showing today before someone else calls 1905 Castle Gate home.

At $222/sqft, this home is priced in line with the San Marcos market average of $226/sqft across 437 active listings. View Austin market report →

Location

1905 Castle Gate Cir, San Marcos, TX 78666

Property Details

Price $265,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,194 sqft
Lot Size 0.17 acres (7,474.9 sqft)
Year Built 1982
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Castle Forest
County Hays
Zip Code 78666
$/sqft $222/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,147.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238865940
List Date July 6, 2026
Elementary School Crockett
Middle School Miller
High School San Marcos
School District ,

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.

Schedule a Call →

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 · July 6, 2026 $27,990
Previous ask $279,900
Current ask $265,000
Increased $237,010 (+846.8%) 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
2003 Ramona Cir
Castle Forest
$269,000 $198 3 bd / 2 ba 1,360 sqft , 2026-02-22
2018 Nevada St
Castle Forest
$260,000 $223 3 bd / 2 ba 1,166 sqft , 2026-09-22
1306 Alamo St
G A McNaughton 1st Add
$279,000 $209 3 bd / 1 ba 1,335 sqft , 2026-06-16
102 Chaparral St
Hughson Heights I
$250,000 $157 3 bd / 2 ba 1,589 sqft , 2026-07-18
2037 Northview Dr
s0497- Bishop Crossing Subdivision Sec 1
$295,000 $187 3 bd / 3 ba 1,576 sqft , 2026-06-10

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
$1,272/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
$53,000
20% conventional investment loan

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

Estimated Gross Rent+$1,272
Principal + Interest−$1,446
Property Tax (~2.1% TX avg)−$464
Insurance (~0.5%)−$110
Est. Monthly Cash Flow $-748

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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 14, 2026.

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