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$225,000

821 Old Ranch Rd 12, San Marcos, TX, 78666

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,830 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$122.95 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-Sell

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Electric Oven, Refrigerator, Free-Standing Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance

About this property

JUST Reduced! This property is perfect for rental to students and faculty or to make into home-sweet-home. Class is across the street—literally. This 3-story, 3-bedroom, 2-bath condo gives “close to campus” a whole new meaning. With no carpet in sight, new luxury vinyl plank (2025) keeps things cool and clean. This unit has the kind of layout roommates dream about—living space on the first floor, bedrooms on the second and third. HOA recently gave the whole complex a new Saltillo tile roof (2023), and your monthly dues are just $250. A little paint and personality, and you’re good to go. You'll find a full-size washer and dryer in the upstairs bathroom. The primary bedroom provides a bath with double vanity, walk-in closet. New A/C (2025) and private carport with storage right outside the front door! It’s close to all that downtown San Marcos has to offer including a variety of retail stores, restaurants and businesses. And of course, the San Marcos River is a stone’s throw away. Foundation work was completed in 2019 (see supplements). Whether you're investing or nesting, this one's a smart move.

Investor Tools

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$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Mae Parrish

Texas Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$250/month
5.947%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: San Marcos

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