1627 Gordon Street

San Marcos, TX 78666
$1,900,000

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**

  • Interior Details
    • Interior Features
      • Interior:SeeRemarks
  • Property Details
    • Property
      • View:Other
    • Measurements
      • Acres:6.626
      • Square Feet:10574
  • Construction Details
    • Type & Style
      • Architectural style:Other
    • Condition
      • Year built:1970
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:SepticTank
      • Utility source:Private, Well
      • Utility features:Other, SeeRemarks
  • Community and Neighborhood Details
    • Location
      • School district:San Marcos Cisd
      • County:Hays
  • Financial Details
    • Pricing Details
      • Buying Agency Compensation:3.00
      • Original List Price:$2, 200, 000
  • Other
    • Source
      • MLS #:456649

Location

Jeremy FayReal Estate Group
  • Request Info
  • Schedule Showing

Interested in Purchasing 1627 Gordon Street?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

$100
Monthly Payment