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 rented for $2,200/month (discounted), and over 3 years ago, the downstairs alone rented for $800/month. With today's market, rental income could be even higher. HOA fees ($175/month) cover structural insurance and maintenance, with access to a large soccer field and playground. Don’t miss this incredible opportunity to own a versatile, income-generating home in a highly desirable area!
Courtesy of Greenbelt Realty (979) 308-1385
Property 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 rented for $2,200/month (discounted), and over 3 years ago, the downstairs alone rented for $800/month. With today’s market, rental income could be even higher. HOA fees ($175/month) cover structural insurance and maintenance, with access to a large soccer field and playground. Don’t miss this incredible opportunity to own a versatile, income-generating home in a highly desirable area!
Open House
Property Details and Features
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Property Access
- Road Surface Type: Asphalt
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Bathrooms
- Bathrooms Total Integer: 3
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Building
- Construction Materials: HardiplankType
- Direction Faces: West
- Living Area Source: Appraiser
- Rooms Total: 7
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Community
- Community Features: None
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Exterior Features
- Patio And Porch Features: Balcony
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Foundation
- Foundation Details: Slab
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Water Features
- Water Body Name: None
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Interior Features
- Interior Features: CeilingFans,OpenFloorplan,TubShower,WalkInClosets,BreakfastBar,KitchenIsland,KitchenFamilyRoomCombo,Pantry
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Listing
- Listing Terms: Cash,Conventional,FHA,VaLoan
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Location
- City: San Marcos
- County Or Parish: Hays
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Lot
- Parcel Number: R132340
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Possession
- Possession: ClosingAndFunding,Closing
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Property
- Property Condition: Resale
- Property Sub Type: Condominium
- View: None
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Taxes
- Tax Legal Description: BLANCO RIVER VILLAGE CONDOMINIUMS, UNIT E023, 1.92% COMMON AREA INTEREST
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Utilities
- Electric On Property YN: t