512 S Cm Allen Pkwy San Marcos, TX 78666
Estimated payment $913/month
Highlights
- Property is near public transit
- Park or Greenbelt View
- Shed
- Wooded Lot
- No HOA
- 4-minute walk to Ramon Lucio Memorial Park
About This Home
Investor’s Dream – Perfect BRRRR Opportunity!
?This property is ideal for anyone looking to Buy, Rehab, Rent, Refinance, and Repeat.
Located just two blocks away from Rio Vista Park of the San Marcos River and six blocks from Texas State University.
No HOA! That means no extra fees and the freedom to truly make this home your own.
Rent the unit out during the school year to university students and AIRBNB it during the summer!
This property is situated perfectly near everything San Marcos has to offer. Four blocks from The Square, where you’ll have access to local dining, shopping, and nightlife. Outdoor enthusiasts will love being close to Rio Vista Park and the San Marcos River for kayaking, tubing, and relaxing weekends.
The street features bike lanes, making it a breeze to bike to campus or around town. Plus, the San Marcos Premium Outlets are just a short drive away for world-class shopping.
With its proximity to the university, strong rental demand, and no HOA limitations, it’s a fantastic way to build long-term wealth while generating consistent cash flow. This is your chance to own a property in one of San Marcos’ most sought-after locations. Opportunities like this don’t come along often.
Reach out if you have any questions and showings.
Listing Agent
Dash Realty Brokerage Phone: (512) 222-3406 License #0688625 Listed on: 09/06/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,488
Year Built
- Built in 1960
Lot Details
- 4,055 Sq Ft Lot
- East Facing Home
- Chain Link Fence
- Wooded Lot
- Back Yard
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,104 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Park or Greenbelt Views
- No Kitchen Appliances
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- Driveway
Schools
- Crockett Elementary School
- Miller Middle School
- San Marcos High School
Additional Features
- Shed
- Property is near public transit
- No Heating
Community Details
- No Home Owners Association
- J Q Cliett Ii Subdivision
Listing and Financial Details
- Assessor Parcel Number 1117700000007003
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 | $2,488 | $124,290 | $20,100 | $104,190 |
2024 | $2,488 | $126,420 | $20,100 | $106,320 |
2023 | $2,364 | $124,290 | $20,100 | $104,190 |
2022 | $2,258 | $110,170 | $17,030 | $93,140 |
2021 | $1,743 | $79,080 | $16,090 | $62,990 |
2020 | $1,672 | $75,880 | $16,090 | $59,790 |
2019 | $1,783 | $72,430 | $15,750 | $56,680 |
2018 | $1,656 | $66,980 | $12,810 | $54,170 |
2017 | $1,558 | $64,780 | $12,810 | $51,970 |
2016 | $1,475 | $61,330 | $12,810 | $48,520 |
2015 | $298 | $58,500 | $12,810 | $45,690 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/06/2025 09/06/25 | For Sale | $132,500 | -- | $120 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5197409

APN: R24315
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