418 Shadowpoint #N/A

San Marcos, TX 78666
$297,000
1628 sqft | 3 beds | 3 baths | #1824216

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!

  • Interior Details
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:3
      • Full Baths:3
  • Property Details
    • Measurements
      • Square Feet:1628
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2009
  • Community and Neighborhood Details
    • Location
      • Elementary School:Dezavala
      • Middle School:Owen Goodnight
      • High School:San Marcos
  • Other
    • Source
      • MLS #:1824216

Location

Carla BaileyJPAR
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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