34
Map
$295,000
●
House -
Off Market
2005 Ridge View DR
San Marcos, TX 78666
3 Beds
2 Baths
1,204 Ft²
$2,015
Est. Monthly
6.06%
Cap Rate
About This Property
Beautifully Remodeled Single-Story Home with Airbnb Income
Potential
Welcome to this charming single-story home that has been fully remodeled with modern upgrades throughout. Designed with comfort and style in mind, the open-concept layout offers seamless flow from the spacious living room to the dining and kitchen areas-perfect for entertaining or relaxing.
Currently operating as a successful Airbnb, this property already has bookings in place, providing immediate income potential for the new owner.
Highlights include:
• Fully remodeled with multiple upgrades
• Bright and open floor plan with abundant natural light
• No carpet-easy-to-maintain flooring throughout
• Updated kitchen and bathrooms with stylish finishes
• Single-level living for convenience and comfort
With its upgrades, desirable layout, and proven short-term rental success, this home is the perfect fit for an investor, vacation property owner, or someone looking for a move-in ready residence.
Welcome to this charming single-story home that has been fully remodeled with modern upgrades throughout. Designed with comfort and style in mind, the open-concept layout offers seamless flow from the spacious living room to the dining and kitchen areas-perfect for entertaining or relaxing.
Currently operating as a successful Airbnb, this property already has bookings in place, providing immediate income potential for the new owner.
Highlights include:
• Fully remodeled with multiple upgrades
• Bright and open floor plan with abundant natural light
• No carpet-easy-to-maintain flooring throughout
• Updated kitchen and bathrooms with stylish finishes
• Single-level living for convenience and comfort
With its upgrades, desirable layout, and proven short-term rental success, this home is the perfect fit for an investor, vacation property owner, or someone looking for a move-in ready residence.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$245
Property Type
House
Property Taxes
$566
HOA Dues
-
Year Built
2012
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (Unlock MLS #ACT9890634)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Keller Williams Realty | $295,000 | |
| Listed by Keller Williams Realty | |||
| Mar 8, 2019 | No longer available | - | |
| No longer available | |||
| Jan 23, 2019 | Listed | $229,000 | |
| Listed | |||
| | |||
|
This like new exquisite single story has everything you need perfectly located on the West side of San Marcos. Open floor-plan is prime for the entertainer or connected family living. You will love dual vanity sinks in the master bathroom that also includes a garden tub and separate shower. Easy to clean tile in all wet and common areas. Ring door-bell camera, solar screens, security system, Nest Thermostat and many other useful additions. Huge old growth Oak Trees in the front and back yards. Large patio is shaded all year and is perfect for bbq's, dining, games or whatever makes you happy. Come check out this one of a kind listing before its gone! The manager has listed the unit size as 1204 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Franklin Square - Bishops Crossing
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Listed by: Julie Galarraga
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2025-10-24 04:28:59
Data Source: Unlock MLS, MLS# ACT9890634
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Keller Williams Realty - Listing courtesy of Unlock MLS
Phone: (512) 346-3550
Last Updated: 2025-10-24 04:28:59
Data Source: Unlock MLS, MLS# ACT9890634
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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