324 Craddock Ave San Marcos, TX 78666
Hughson Heights NeighborhoodEstimated payment $2,920/month
Highlights
- Mature Trees
- Ceramic Tile Flooring
- Central Air
- Covered Patio or Porch
- 1-Story Property
- Chain Link Fence
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,548
Year Built
- Built in 1969
Lot Details
- 0.34 Acre Lot
- Chain Link Fence
- Mature Trees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Masonry
Interior Spaces
- 2,428 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Ceramic Tile
Schools
- Crockett Elementary School
- San Marcos High School
Additional Features
- Covered Patio or Porch
- Central Air
Community Details
- Hughson Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 25 / B
- Assessor Parcel Number HCAD
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,161 | $344,657 | $175,120 | $169,537 |
| 2024 | $9,161 | $465,476 | $175,120 | $290,356 |
| 2023 | $8,876 | $466,652 | $175,120 | $291,532 |
| 2022 | $6,560 | $320,093 | $148,410 | $171,683 |
| 2021 | $6,261 | $284,058 | $111,310 | $172,748 |
| 2020 | $5,894 | $267,402 | $111,310 | $156,092 |
| 2019 | $5,777 | $234,670 | $66,780 | $167,890 |
| 2018 | $5,720 | $231,310 | $66,780 | $164,530 |
| 2017 | $5,199 | $216,250 | $18,000 | $198,250 |
| 2016 | $4,875 | $202,770 | $18,000 | $184,770 |
| 2015 | $4,488 | $202,770 | $18,000 | $184,770 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $439,000 | -5.6% | $181 / Sq Ft |
| 05/13/2025 05/13/25 | Price Changed | $464,900 | -4.1% | $191 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $484,900 | -2.6% | $200 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $498,000 | +111.9% | $205 / Sq Ft |
| 12/30/2013 12/30/13 | Sold | -- | -- | -- |
| 12/30/2013 12/30/13 | Sold | -- | -- | -- |
| 11/30/2013 11/30/13 | Pending | -- | -- | -- |
| 11/21/2013 11/21/13 | Pending | -- | -- | -- |
| 11/06/2013 11/06/13 | For Sale | $235,000 | -2.1% | $97 / Sq Ft |
| 10/02/2013 10/02/13 | For Sale | $240,000 | -- | $99 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Vendors Lien | -- | Comldor Title Co | |
| Deed | -- | -- | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | San Marcos Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,625 | New Conventional | |
| Closed | $170,625 | New Conventional | |
| Previous Owner | $154,800 | New Conventional | |
| Previous Owner | $171,500 | Purchase Money Mortgage | |
| Previous Owner | $128,800 | Purchase Money Mortgage | |
| Closed | $32,200 | No Value Available |
Source: San Antonio Board of REALTORS®
MLS Number: 1860690
APN: R32263
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