418 Shadowpoint #N/A Active Save Request In-Person Tour Request Virtual Tour
San Marcos,TX 78666
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,628 sqft
Price per Sqft $168
Subdivision Blanco River Village
MLS Listing ID 5222728
HOA Fees $193/mo
Year Built 2009
Annual Tax Amount $5,338
Tax Year 2024
Lot Size 4.660 Acres
Property Sub-Type Duplex
Property Description
Turnkey Investment in Prime San Marcos Location Fully updated and income-ready, this versatile 3-bed, 3-bath condo offers a rare dual-unit layout just minutes from Texas State University, downtown San Marcos, and I-35. With two separate entrances and full kitchens, each level functions as its own rental—perfect for maximizing cash flow in a high-demand market.
Upstairs: 2 bed / 2 bath
Downstairs: 1 bed / 1 bath
Projected Rent: $2,600+/month
Cap Rate Estimate: ~8.5% at $275,000
Tenant-Paid Utilities
Recent upgrades include fresh interior paint, new carpet, updated kitchen flooring, and a new roof. The fully insulated two-car garage, private deck, and in-unit laundry add even more appeal for renters.
The $193/month HOA includes structural insurance and exterior maintenance—owners pay as little as $300–$400/year in additional insurance.
Community perks include a soccer field, playground, and mature trees for added curb appeal.
Whether you're looking to expand your portfolio or lock in a strong performer with low overhead, 418 Shadowpoint delivers a rare blend of cash flow, convenience, and low-maintenance ownership.
Location
State TX
County Hays
Interior
Heating Central,Natural Gas
Cooling Central Air
Flooring Carpet,Vinyl
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Fence Partial
Community Features Park,Playground
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description Alley,Landscaped,Private Maintained Road
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type
New Construction No
Schools
Elementary Schools Dezavala
Middle Schools Goodnight
High Schools San Marcos
School District San Marcos Cisd
Others
Special Listing Condition Standard
Pets Allowed All