NOT LISTED FOR SALE

701 Summit Pass San Marcos, TX 78666

Estimated Value: $573,000 - $718,027

3 Beds
2.5 Baths
1,999 Sq Ft
$316/Sq Ft Est. Value

Last Sold June 04, 2024

Current estimated payment $4,283/month

277 Days on Market

Highlights

  • Barn
  • Private Pool
  • Pasture Views
  • Horses Allowed On Property
  • 9.17 Acre Lot
  • No HOA

About This Home

As of June 2024

Hill Country Living on 9.2 acres with Income-Producing PotentialWelcome to this exceptional property nestled outside of San Marcos that offers not only a beautifully updated home with multiple possibilities for income generation.With 9.2 acres, this property is an ideal haven for those seeking privacy and a connection with nature. The surrounding landscape showcases the rolling Texas Hill Country.The house features 3 bedrooms, 2.5 bathroom tastefully updated with new windows (2016), interior/exterior paint, modern lighting, and stained concrete floors. HVAC and water heater replaced in 2016. The spacious living room is open to the kitchen and dining room for entertaining. Two large sliding glass doors open to the backyard where you can relax and enjoy the outdoors under a covered patio. The kitchen is equipped with modern appliances and granite countertops. The primary bedroom features a large walk-in closet and an updated ensuite bath provides a large walk-in shower.Step outside and you'll discover a multitude of income-generating opportunities. Whether you envision starting an agricultural venture, such as a vineyard, orchard, or organic farming, or developing a recreational facility, such as a horse ranch, campground, or event venue, the options are many.The property offers two large barns, eight RV hookups, and an 8-foot Cowboy Pool. The first barn includes a tack room, wash bay, and three large horse stalls as well as a rainwater collection system that feeds the house after going through a filtration system. The second barn provides ample storage for vehicles, an airstream, or a tractor.Conveniently located just 15 minutes west of San Marcos, 30 minutes south of Austin, 30 minutes to Wimberley, and 45 minutes north of San Antonio, this is an exceptional chance for entrepreneurs, investors, or those seeking a unique property to create a sustainable income stream. Let your imagination run wild with the possibilities this property has to offer.

Last Agent to Sell the Property

Mark Strub

Strub Residential Brokerage Phone: (512) 575-3644 License #0526714 Listed on: 07/07/2023

Strub Residential

Co-Listed By

Lacey Pair

Billboard Asset Management LLC Brokerage Phone: (512) 575-3644 License #0734243

Last Buyer's Agent

Tracy Banks

Compass RE Texas, LLC License #0669068

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,264

Year Built

  • Built in 1976

Lot Details

  • 9.17 Acre Lot
  • East Facing Home
  • Property is in average condition

Parking

  • 2 Car Garage

Property Views

  • Pasture
  • Rural

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,999 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Concrete Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Private Pool
  • Rear Porch

Schools

  • Travis Elementary School
  • Goodnight Middle School
  • San Marcos High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • The Highlands Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1139300000038003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,264

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Take I-35 S, S I-35 Frontage Rd, I-35 S, Interstate 35 Frontage Rd and Post Rd to Lime Kiln Rd in San Marcos Turn right onto Lime Kiln Rd Turn left onto Hilliard Rd Turn left onto Summit Pass
  • Disclosures: Seller Disclosure
  • Fencing: See Remarks
  • Fireplaces: 1
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1999
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT701937
  • Co List Office Phone: (512) 573-3433
  • Attribution Contact: (512) 575-3644
  • Attribution Contact: (512) 575-3644
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 10195.54
  • FEMA Flood Plain: See Remarks
  • Restrictions: See Remarks
  • Tax Exemptions: None
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Primary Bedroom on Main
  • View: Pasture, Rural
  • Flooring: Concrete
  • Fireplace Features: Living Room
  • Accessibility Features: See Remarks
  • Appliances: See Remarks
  • Main Level Bedrooms: 3
  • Property Condition: Resale, Average
  • Security Features: See Remarks
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: See Remarks
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Rear Porch
  • Pool Features: See Remarks
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: See Remarks
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Utilities: See Remarks
  • Heating: Central
  • Water Source: Well
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • Elementary School: Travis
  • High School: San Marcos
  • Middle/Junior School: Goodnight
  • Junior High Dist: San Marcos ISD

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 1139300000038003
  • Lot Size Acres: 9.172
  • Lot Size Sq Ft: 399532.32
  • Subdivision Name: The Highlands Sec B

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8263.99
  • Tax Map Number: 38
  • Tax Filled Sqft Total: 2549
  • Tax Rate: 1.97000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jun 4, 2024
Sold by
Neon Moon Ranch Llc
Bought by
Benoit Krystal and Moore Alexis
Seller's Agent
Mark Strub
Strub Residential
Buyer's Agent
Tracy Banks
Compass RE Texas, LLC
List Price
$750,000
Views
129
Current Estimated Value
$631,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%
Original Mortgage
$663,464
Outstanding Balance
$655,705
Interest Rate
7.1%
Mortgage Type
VA
Estimated Equity
-$24,448

Purchase Details

Closed on
Oct 26, 2021
Sold by
Langdon Kevin L and Langdon Pamela S
Bought by
Neon Moon Ranch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Listed on
May 9, 2019
Closed on
Nov 22, 2019
Sold by
Richards Billy Lee and Richards Ruth Ann
Bought by
Langdon Kevin L and Langdon Pamela S
Seller's Agent
Katie Clark
Corner Post Real Estate, LLC
Buyer's Agent
Dana Newborg
Dawson & Associates
List Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
May 7, 2013
Sold by
Craft Jornayvaz Louisa Craft and Craft Prince Cathryn
Bought by
Richards Billy L and Richards Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Benoit Krystal -- Independence Title
Neon Moon Ranch Llc -- Corridor Title Co
Langdon Kevin L -- Corridor Title Llc
Richards Billy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benoit Krystal $663,464
Previous Owner Neon Moon Ranch Llc $368,000
Previous Owner Richards Billy Lee $244,500
Previous Owner Richards Billy L $60,700
Previous Owner Richards Billy Lee $100,000
Previous Owner Richards Billy Lee $50,000
Previous Owner Richards Billy Lee $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold -- -- --
03/07/2024 03/07/24 Price Changed $699,000 -6.8% $350 / Sq Ft
12/01/2023 12/01/23 For Sale $750,000 0.0% $375 / Sq Ft
11/06/2023 11/06/23 Off Market -- -- --
07/07/2023 07/07/23 For Sale $750,000 +70.5% $375 / Sq Ft
11/22/2019 11/22/19 Sold -- -- --
10/23/2019 10/23/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $440,000 -- $214 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $10,202 $656,820 $360,820 $296,000
2024 $10,202 $673,110 $360,820 $312,290
2023 $7,873 $543,634 $327,940 $215,694
2022 $8,264 $517,540 $275,160 $242,380
2021 $6,969 $394,174 $183,440 $217,350
2020 $6,797 $358,340 $151,890 $206,450
2019 $4,683 $240,431 $132,500 $199,920
2018 $4,282 $218,574 $99,710 $191,200
2017 $3,923 $198,704 $92,330 $183,580
2016 $3,566 $180,640 $92,330 $88,310
2015 $4,242 $235,670 $73,860 $161,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8934220

Unlock MLS (Austin Board of REALTORS®)

APN: R30653