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!
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3BEDS
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4.66ACRES
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3BATHS
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01/2 BATHS
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1,628SQFT
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$182$/SQFT
© 2024 Central Texas MLS.
Listing courtesy of Jake O'brien 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 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!
© 2024 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Vista Real Estate. Data last updated: 2024-12-02T13:06:13.683.