$1,900,000
San Marcos, TX 78666
Description
ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $149k, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value. This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more. **Opportunity Zone**
Key Features
- Price $1,900,000
- Property Type Residential Income
- Acres 7 Acres
- Utilities See Remarks
- City San Marcos
- Status Contract Pending
Improvements
- Exterior Features: See Remarks
- Fence: See Remarks
- Heating: See Remarks
- Permit internet: 1
- Roof: Composition,Shingle
Other
- City: San Marcos
- County: Hays
- State: TX
- Zipcode: 78666
- Year Built: 1970
- Floors: Tile,Vinyl
- Subdivision: A0017-2 JUAN M VERAMENDI SURVEY, TRACT 93, ACRES 6
Property Map
Post Rd to Spring Rd; Right on Gordon Street
©2023 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #3829685 Courtesy of McNabb & Company Real Estate S. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
