Active Listing  ·  212 days on market

2003 Ramona Cir

San Marcos, TX 78666
$269,000
3 Bed 2 Bath 1,360 sqft $198/sqft Built 1995 0.18 acres 2-Car Garage Pool Castle Forest

Beautifully updated 3-bedroom, 2-bathroom home located in the desirable Castle Forest subdivision of San Marcos, Texas. This inviting residence offers a functional layout with a 2-car garage, large back deck and a fully fenced yard, perfect for outdoor enjoyment, pets, and entertaining. Extensive improvements completed in 2025 make this home truly move-in ready, including brand-new vinyl plank flooring, fresh interior and exterior paint, a newly replaced roof and multiple additional incremental upgrades that provide both modern appeal and long-term peace of mind. Set on a generous lot, the backyard offers ample space for relaxing, gardening, or hosting gatherings, while the refreshed exterior enhances the home’s curb appeal. The bright, updated interior features clean lines and contemporary finishes that create a welcoming and comfortable living environment. Ideally located near Franklin Square Park and Jaycees Park, residents can enjoy playgrounds, picnic areas, and scenic walking paths, along with easy access to the Purgatory Creek River Recharge Natural Area for hiking, biking, and outdoor exploration. With its thoughtful updates, convenient location, and access to some of San Marcos’s most loved green spaces, 2003 Ramona Circle offers an exceptional blend of comfort, convenience, and community.

At $198/sqft, this home is 12% 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

2003 Ramona Cir, San Marcos, TX 78666

Property Details

Price $269,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,360 sqft
Lot Size 0.18 acres (7,932.28 sqft)
Year Built 1995
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Castle Forest
County Hays
Zip Code 78666
$/sqft $198/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,420.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220207167
List Date February 22, 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.

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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
1905 Castle Gate Cir
Castle Forest
$265,000 $222 3 bd / 2 ba 1,194 sqft , 2026-07-06
2018 Nevada St
Castle Forest
$260,000 $223 3 bd / 2 ba 1,166 sqft , 2026-09-22
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
129 Park Ln
Bishop Crossing Sec 2
$299,900 $200 3 bd / 2 ba 1,500 sqft , 2026-09-03

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
$1,291/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
$53,800
20% conventional investment loan

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

Estimated Gross Rent+$1,291
Principal + Interest−$1,468
Property Tax (~2.1% TX avg)−$471
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-760

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 July 13, 2026.

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