418 Shadowpoint

San Marcos, TX 78666
$297,000
1628 sqft | 4.66 acres | #564226

Description

This property offers an excellent multi-rent opportunity, ideal for investors or homeowners looking to generate extra income in a prime location. The spacious 3 Bed, 3 Bath Condo is just 5 minutes from I-35 and Walmart, and about 10 minutes from downtown San Marcos, the river, and Texas State University. Recently updated with new paint, carpet, kitchen flooring, and a new roof, the home also boasts a fully insulated two-car garage, deck, mature trees, and washer/dryer. With two separate living spaces and kitchens, each with its own entrance, this home is perfect for multi-renting, subletting, or multi-generational living. Previously, the entire unit was rented for $2,200/month (discounted), and over 3 years ago, the downstairs alone was rented for $800/month. With today's market, rental income could be even higher. HOA fees ($175/month) cover structural insurance and maintenance, with a large soccer field and playground access. Don’t miss this incredible opportunity to own a versatile, income-generating home in a highly desirable area!

  • Property Details
      • Interior:CeilingFans, OpenFloorplan, TubShower, WalkInClosets, BreakfastBar, KitchenIsland, KitchenFamilyRoomCombo, Pantry
      • Exterior materials:Balcony
      • Acres:4.66
      • Square Feet:1628
      • Parking spaces:2
      • Property type:Purchase
      • Year built:2009
      • Foundation:Slab
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityAvailable, NaturalGasConnected, TrashCollectionPublic
      • Subdivision:Blanco River Village Condo
      • School district:San Marcos Cisd
      • County:Hays
      • Original List Price:$297, 000
      • Hoa fees:175
      • MLS #:564226
      • Cost:297000
      • Property subtype:Condominium
      • MLS #:564226

Location

Jeremy FayReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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