ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $144,480, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value. This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more.
- Price:
- $2,100,000
- Square Footage:
- 10,574
- Acreage:
- 6.63
- Year Built:
- 1970
- Listing ID #:
- 456649
- Street Address:
- 1627 Gordon St
- City:
- San Marcos
- State:
- Texas
- Postal Code:
- 78666
- County:
- Hays
- Listing Status:
- Pending
- Listing Type:
- Duplex
- Approximate Total Liveable Area:
- 10574
- Building Condition:
- Resale
- Construction Description:
- Other, See Remarks
- Ease Of Access:
- Other, See Remarks
- Fireplace:
- Other, See Remarks
- Foundation:
- Slab
- Interior Features:
- See Remarks
- Stories:
- 1
- Type Of Roof:
- Composition, Shingle
- Year Built:
- 1970
- Year Built Source:
- Assessor
- Documents On Hand:
- Profit/Loss Statement, Survey
- Road Frontage Type:
- County Road
- Days On Market:
- 188
- On Market Date:
- 2021-11-11
- Originating Mls:
- Ctexas
- Previous Listing Price:
- 2200000
- Terms:
- Cash, Conventional
- Laundry:
- Other, See Remarks
- Middle School:
- San Marcos Cisd
- Carport Present:
- 1
- Fence:
- Other, See Remarks
- Number Of Carport Spaces:
- 3
- Appliances:
- Other, See Remarks
- Existing Water:
- Private, Well
- Heating:
- Other, See Remarks
- Sewage Type:
- Septic Tank
- Water Name:
- Other-See Remarks
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listings Provided By Omni Real Estate/Fairplay
