About This Home

Beautifully maintained 3-bed, 2.5-bathroom, 1,576-square-foot home in Bishop Crossing neighborhood No HOA!

Some pictures in this listing are virtually staged

UNBEATABLE LOCATION: 5 minutes from Texas State University and a short walk away from the playground at Franklin Square Park & the scenic hiking trails at the River Recharge Natural Area!

Premium energy-saving windows and doors backed by a lifetime warranty, alongside advanced attic barrier insulation. Roof (2020) & newly redone water pipes.

Large, fully fenced backyard with mature trees.

At $187/sqft, this home is 17% 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

2037 Northview Dr, San Marcos, TX 78666

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $295,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,576 sqft

Lot Size 0.15 acres (6,751.8 sqft)

Year Built 2003

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision s0497- Bishop Crossing Subdivision Sec 1

County Hays

Zip Code 78666

$/sqft $187/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT226591307

List Date June 10, 2026

Elementary School Bowie

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.

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 · June 10, 2026 $325,000

Previous ask $315,000

Current ask $295,000

▼ Reduced $30,000 (-9.2%) 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

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

1716 Ramona Cir
Oak Knoll $319,900 $184 3 bd / 3 ba 1,740 sqft , 2026-06-16

2003 Ramona Cir
Castle Forest $269,000 $198 3 bd / 2 ba 1,360 sqft , 2026-02-22

1905 Castle Gate Cir
Castle Forest $265,000 $222 3 bd / 2 ba 1,194 sqft , 2026-07-06

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

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

$1,416/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

$59,000

20% conventional investment loan

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

Estimated Gross Rent+$1,416

Principal + Interest−$1,610

Property Tax (~2.1% TX avg)−$516

Insurance (~0.5%)−$123

Est. Monthly Cash Flow $-833

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 14, 2026.

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

2037 Northview Dr