$990,000
$160K PRICE DROP

Estimated payment $5,917/month

Total Views 9,951
-- Bed
-- Bath
6,600 Sq Ft
$150 Price per Sq Ft

Highlights

  • 0.75 Acre Lot
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Walk-In Closet
  • Inside Utility

About This Home

Rare opportunity to own 3 cash flowing duplexes in the heart of San Marcos, TX! Current rent roll $8,330 with potential total rents $9,460. Each property features 2 very spacious 3-bedroom, 3-bathroom units, totaling six units across the portfolio with 4 of the six units having a fenced in yard. Less than one mile to Prospect Park Trailhead for Purgatory Creek Nature Area, half a mile from Crockett Elementary and conveniently located near shopping/dining/entertainment making the homes very appealing to renters who want to easily enjoy everything the neighborhood and city has to offer.

Listing Agent

Michael Nolen

McNabb & Company Real Estate S Brokerage Phone: (512) 667-9129 License #0621420 Listed on: 01/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,951

Year Built

  • Built in 1999

Lot Details

  • 0.75 Acre Lot
  • Property is Fully Fenced
  • Chain Link Fence

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Walk-In Closet
  • 6,600 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Inside Utility
  • Laundry Room
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Schools

  • Crockett Elementary School
  • Doris Miller Middle School
  • San Marcos High School

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Tax Lot 9, 8R and 7R
  • Assessor Parcel Number R87670, R87669 and R87668
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,951

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: From I35, exit 202, head west, right on Hunter Rd/Hopkins St, left on Bishop St, Right on Prospect, left on Allen St, right on Advance St and property is on the right.
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.75
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 2
  • Water Body Name: None
  • Year Built: 1999
  • Attribution Contact: (512) 667-9129
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: Other, See Remarks
  • Appliances: Dishwasher, Electric Range, Refrigerator, Range Hood, Some Electric Appliances, Range
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), See Remarks, Tub Shower, Walk-In Closet(s)
  • Living Area: 6600.0
  • Private Spa: No

Exterior Features

  • Construction Type: Vinyl Siding
  • Direction Faces: Northwest
  • Fencing: Chain Link, Full, Other, See Remarks
  • Foundation Details: Slab
  • Lot Features: City Lot, 1/2 to 1 Acre Lot
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry in Utility Room, Laundry Room, In Unit
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Crockett Elementary
  • High School: San Marcos High School
  • Junior High Dist: San Marcos Cisd
  • Middle Or Junior School: Doris Miller Middle School

Lot Info

  • Parcel #: R87670, R87669 and R87668
  • Zoning Description: D

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Lot: 9, 8R and 7R
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,951 $320,582 $55,000 $265,582
2024 $7,951 $403,986 $55,000 $348,986
2023 $7,577 $398,355 $55,000 $343,355
2022 $7,609 $371,310 $46,610 $324,700
2021 $7,253 $329,056 $34,960 $294,096
2020 $7,168 $325,195 $34,960 $290,235
2019 $5,571 $226,321 $20,390 $205,931
2018 $4,047 $163,630 $20,390 $143,240
2017 $3,934 $163,630 $20,390 $143,240
2016 $4,013 $166,910 $20,390 $146,520
2015 $3,242 $166,910 $20,390 $146,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Price Changed $990,000 -9.2% $150 / Sq Ft
03/28/2025 03/28/25 Price Changed $1,090,000 -5.2% $165 / Sq Ft
01/13/2025 01/13/25 For Sale $1,150,000 0.0% $174 / Sq Ft
11/01/2020 11/01/20 Rented $1,175 0.0% --
10/22/2020 10/22/20 Under Contract -- -- --
10/02/2020 10/02/20 Price Changed $1,175 -2.1% $1 / Sq Ft
09/09/2020 09/09/20 Price Changed $1,200 -7.7% $1 / Sq Ft
08/17/2020 08/17/20 For Rent $1,300 0.0% --
11/21/2019 11/21/19 Sold -- -- -- View Prior Sale
10/14/2019 10/14/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $1,049,000 -0.1% $159 / Sq Ft
08/12/2019 08/12/19 For Sale $1,050,000 0.0% $159 / Sq Ft
06/26/2019 06/26/19 For Rent $1,400 +3.7% --
06/26/2019 06/26/19 Rented $1,350 +12.5% --
08/09/2018 08/09/18 Rented $1,200 -11.1% --
07/10/2018 07/10/18 Under Contract -- -- --
05/25/2018 05/25/18 For Rent $1,350 +35.7% --
08/22/2017 08/22/17 Rented $995 0.0% --
08/19/2017 08/19/17 Under Contract -- -- --
08/11/2017 08/11/17 Price Changed $995 -22.0% $1 / Sq Ft
07/10/2017 07/10/17 For Rent $1,275 -- --
Source: Central Texas MLS (CTXMLS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Vendors Lien -- None Available
Vendors Lien -- Gracy Title Company
Vendors Lien -- Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,500 New Conventional
Previous Owner $380,700 Purchase Money Mortgage
Previous Owner $135,600 Fannie Mae Freddie Mac
Previous Owner $121,000 Purchase Money Mortgage
Source: Public Records

Source: Central Texas MLS (CTXMLS)

MLS Number: 566850

Central Texas MLS (CTXMLS)

APN: R87670