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San Marcos,TX 78666
Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $180
Subdivision Hughson Heights
MLS Listing ID 1860690
Style One Story
Bedrooms 5
Full Baths 3
Year Built 1969
Annual Tax Amount $6,548
Lot Size 0.340 Acres
Property Sub-Type Multi-Family (2-8 Units)
Property Description
Fully Leased Duplex | 10.5 Cap Rate | $3,850/Month in Rental Income Located directly across from the Texas State bus route and just minutes from downtown and campus, this property is ideally positioned for strong, consistent rental demand. Unit A (3 bed + office / 2 bath): Currently leased at $2,400/month through next Summer. Unit B (2 bed / 1 bath): Recently leased at $1,450/month, also through next Summer. With updated interiors and a well-maintained exterior, there's nothing left to do-just collect rent and enjoy immediate returns. No HOA. Strong rental history. High occupancy area. Perfect for investors looking to expand their portfolio with a cash-flowing asset in a prime university market.
Location
State TX
County Hays
Area 3100
Interior
Heating Central
Cooling Two Central
Flooring Carpeting,Ceramic Tile
Exterior
Exterior Feature Brick,4 Sides Masonry
Garage Spaces 4.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Schools
Elementary Schools Crockett
Middle Schools Owen Goodnight
High Schools San Marcos
School District San Marcos
Others
Acceptable Financing Conventional,FHA,VA,TX Vet,Cash,USDA
Listing Terms Conventional,FHA,VA,TX Vet,Cash,USDA