$297,000
For Sale

418 Shadowpoint #N/A

San Marcos, TX 78666
1628 sqft | 3 beds | 3 baths | #1824216
Browse 34 photos
Type:Purchase
Structure:Condo
Zone:Residential

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!

  • Property Details
      • Property SubtypeLow-Rise (1-3 Stories)
      • Middle SchoolOwen Goodnight
      • High SchoolSan Marcos
      • Property TypePurchase
      • Elementary SchoolDezavala
      • MLS #1824216
      • MLS #1824216
      • Cost297000
      • Square Feet1628
      • Year Built2009
      • Bedrooms3
      • Bathrooms3
      • Full Baths3

Location

The Claus TeamThe Claus Team
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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
$0.00
Loan Amount
$0.00