Active Listing  ·  195 days on market

247 Carolina Jasmine Dr

San Marcos, TX 78666
$525,000
3 Bed 3 Bath 2,474 sqft $212/sqft Built 2022 0.29 acres 3-Car Garage Pool La Cima Ph 2 Sec B

This 3 bed, 3 bath stunner delivers from the moment you walk in—rich hardwood floors, soaring ceilings, and a fully upgraded chef's kitchen featuring a GE Monogram appliance suite plus a Bosch refrigerator that conveys. The expansive 9' x 8' sliding glass door fills the space with natural light, while the layout offers both functionality and flow—including a dedicated study perfect for work or flex space. The primary suite brings spa-level vibes with a beautifully upgraded walk-in tiled & glass shower, and every inch of this home reflects thoughtful, high-end design. Step outside to an extended patio with gas hookup, ready for entertaining, and enjoy the added perk of a 3-car garage with Epoxy floors and a built out workshop space (work benches convey too!) with plenty of outlets + an electric vehicle plug already in place. And for the tech & movie lovers—this home is fully prewired for high-level audio/visual integration, with all wiring professionally terminated in a centralized closet for a clean, streamlined setup. This isn’t just upgraded—it’s elevated, intentional, and anything but builder basic. A list of all upgrades plus other furniture and items that may convey at closing is available!!

At $212/sqft, this home is 9% below the San Marcos active market average of $232/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

247 Carolina Jasmine Dr, San Marcos, TX 78666

Property Details

Price $525,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,474 sqft
Lot Size 0.29 acres (12,632.4 sqft)
Year Built 2022
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision La Cima Ph 2 Sec B
County Hays
Zip Code 78666
$/sqft $212/sqft
Days on Market ,
HOA $195/Quarterly
Annual Tax Est. $11,002.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227957061
List Date May 1, 2026
Elementary School Hernandez
Middle School Miller
High School San Marcos
School District San Marcos CISD

San Marcos CISD

Hernandez · Miller · San Marcos

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 · May 1, 2026 $589,000
Previous ask $475,000
Current ask $525,000
▼ Reduced $64,000 (-10.9%) 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
237 Crabapple Ct
La Cima
$524,900 $169 4 bd / 4 ba 3,112 sqft , 2026-08-05
1136 Rusty Blackhaw Trl
La Cima
$524,900 $191 4 bd / 3 ba 2,751 sqft , 2026-08-24
229 Majestic Sage Trl
La Cima Ph 2 Sec B
$529,000 $162 4 bd / 3 ba 3,258 sqft , 2026-08-18
403 Fountain Grass Dr
La Cima Ph 3 Sec A
$519,990 $210 4 bd / 3 ba 2,475 sqft , 2026-10-21
1147 Rusty Blackhaw Trl
La Cima
$519,900 $228 3 bd / 3 ba 2,282 sqft , 2026-10-13

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (assumed ~2.1%)−$919
Insurance (assumed ~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 · 41 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. The written content was last updated on November 3, 2026.

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

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