324 Craddock Ave San Marcos, TX 78666
Hughson Heights NeighborhoodEstimated payment $3,189/month
Highlights
- Deck
- No HOA
- Laundry Room
- Traditional Architecture
- Porch
- Tile Flooring
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.
Listing Agent
Greenbelt Realty Brokerage Phone: 512-749-6594 License #0780463 Listed on: 04/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,162
Year Built
- Built in 1969
Lot Details
- 0.34 Acre Lot
- Wood Fence
- Back Yard Fenced
- Chain Link Fence
Parking
- 1 Attached Carport Space
Home Design
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Masonry
Interior Spaces
- 2,428 Sq Ft Home
- Property has 1 Level
Kitchen
- Convection Oven
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Deck
- Porch
Additional Features
- City Lot
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Hughson Heights I Subdivision
Listing and Financial Details
- Legal Lot and Block 25 / B
- Assessor Parcel Number R32263
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 |
|---|---|---|---|---|
| 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: Central Texas MLS (CTXMLS)
MLS Number: 576774
APN: R32263
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 Central Texas MLS, All Rights Reserved.
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