NOT LISTED FOR SALE

1115 N Lbj Dr Unit A1 - B4 San Marcos, TX 78666

Estimated Value: $490,000 - $772,000

-- Bed
-- Bath
7,104 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 31, 2022

Current estimated payment $4,153/month

71 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Laundry closet

About This Home

As of January 2022

Unique Opportunity to own a cash flowing 8 Unit complex platted as two 4-plexes which can allow for residential financing versus a commercial loan. Walking distance to TxState Campus, Red Bus Food Park, San Marcos Center which is full of eateries and shops. All units offer 2 bedrooms, 1 full bath, 1 half bath, covered rear patio, storage closet, retro/modern living area and an abundance of parking for residents. Immediate rent upside potential as is or remodel for top market rents.

Last Agent to Sell the Property

Michael Nolen

McNabb & Company Real Estate S License #0621420 Listed on: 10/21/2021

Last Buyer's Agent

Robert Dorsey

McNabb & Company Real Estate S License #0625060

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $9,159

Year Built

  • Built in 1980

Lot Details

  • 0.33

Home Design

  • Slab Foundation
  • Masonry

Interior Spaces

  • 7,104 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Laundry closet

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • No Septic System

Additional Features

  • 0.33 Acre Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 8 Units
  • Park Add Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number R37697 and R37696

Property Details

Home Type

Apartment

Est. Annual Taxes

$9,159

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: From I35, head West on Aquarena Springs, turn Right on Sessom Dr, turn Right on N LBJ Drive, property is on the left.
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.3328
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment,Multi Family
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 2
  • Subdivision Name: Park Add
  • Water Body Name: Other-See Remarks
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Fireplace Features: Living Room, Other, See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: See Remarks
  • Living Area: 7104.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Masonry
  • Fencing: Other, See Remarks
  • Foundation Details: Slab
  • Lot Features: City Lot, 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: Other
  • Waterfront: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Closet, Other, See Remarks
  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: San Marcos Cisd

Lot Info

  • Parcel #: R37697 and R37696
  • Zoning Description: MF-18
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 9159.0
  • Tax Lot: 73
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 27, 2022
Sold by
Dupuy Frederick Gillette
Bought by
1115 Lbj Llc
Seller's Agent
Michael Nolen
McNabb & Company Real Estate S
Buyer's Agent
Robert Dorsey
McNabb & Company Real Estate S
List Price
$1,099,000
Current Estimated Value
$619,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.38%
Original Mortgage
$808,125
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2008
Sold by
Dupuy Frederick Gillette
Bought by
Dupuy Rebecca and Dupuy Frederick Gillette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1115 Lbj Llc -- Corridor Title
1115 Lbj Llc -- Corridor Title
Dupuy Rebecca -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1115 Lbj Llc $808,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold -- -- --
01/01/2022 01/01/22 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,099,000 -- $155 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

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 $10,839 $504,210 $103,090 $401,120
2024 $10,839 $550,691 $103,090 $577,870
2023 $12,985 $682,681 $103,090 $579,591
2022 $9,596 $468,274 $92,400 $375,874
2021 $9,159 $415,557 $52,270 $363,287
2020 $8,622 $391,190 $46,520 $344,670
2019 $5,219 $212,020 $46,520 $165,500
2018 $5,607 $226,730 $52,270 $174,460
2017 $5,020 $208,810 $34,350 $174,460
2016 $4,741 $197,190 $34,350 $162,840
2015 $4,149 $197,190 $34,350 $162,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 454249

Central Texas MLS (CTXMLS)

APN: R37696