418 Shadowpoint San Marcos, TX 78666

202,989 Sqft lot
4.66 Acre lot
Status: Active
Property Type: Condominium
Year Built: 2009
Neighborhood: Blanco River Village Condo
Days on Website: 48

Courtesy of Greenbelt Realty (979) 308-1385

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!

Open House

Property Details and Features

  • Road Surface Type: Asphalt
  • Bathrooms Total Integer: 0
  • Construction Materials: HardiplankType
  • Direction Faces: West
  • Living Area Source: Appraiser
  • Community Features: None
  • Accessibility Features: None
  • Patio And Porch Features: Balcony
  • Foundation Details: Slab
  • Water Body Name: None
  • Interior Features: CeilingFans,OpenFloorplan,TubShower,WalkInClosets,BreakfastBar,KitchenIsland,KitchenFamilyRoomCombo,Pantry
  • Listing Terms: Cash,Conventional,FHA,VaLoan
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • City: San Marcos
  • County Or Parish: Hays
  • Parcel Number: R132340
  • Possession: ClosingAndFunding,Closing
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • View: None
  • Tax Legal Description: BLANCO RIVER VILLAGE CONDOMINIUMS, UNIT E023, 1.92% COMMON AREA INTEREST
  • Electric On Property YN: t