1627 Gordon Street
San Marcos, TX 78666
10574 sqft | 6.63 acres | #456649
Description
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 $149k, 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. **Opportunity Zone**
Location
Legal
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Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: Monica Malorgio (#momcnabb), Phone: (512) 787-7935, Email: monica@mcnabbandco.com
Listing Office: McNabb & Company Real Estate S (#1442)

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