San Marcos, TX 78666,324 Craddock
San Marcos, TX 78666,324 Craddock
San Marcos, TX 78666,324 Craddock
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$439,000
Est. payment /mo
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5 Beds
3 Baths
2,428 SqFt
Price Dropped by $25K

324 Craddock San Marcos, TX 78666

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,428 sqft

Price per Sqft $180

Subdivision Hughson Heights

MLS Listing ID 1860690

Style One Story

Bedrooms 5

Full Baths 3

Year Built 1969

Annual Tax Amount $6,548

Lot Size 0.340 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

Fully Leased Duplex | 10.5 Cap Rate | $3,850/Month in Rental Income Located directly across from the Texas State bus route and just minutes from downtown and campus, this property is ideally positioned for strong, consistent rental demand. Unit A (3 bed + office / 2 bath): Currently leased at $2,400/month through next Summer. Unit B (2 bed / 1 bath): Recently leased at $1,450/month, also through next Summer. With updated interiors and a well-maintained exterior, there's nothing left to do-just collect rent and enjoy immediate returns. No HOA. Strong rental history. High occupancy area. Perfect for investors looking to expand their portfolio with a cash-flowing asset in a prime university market.

Location

State TX

County Hays

Area 3100

Interior

Heating Central

Cooling Two Central

Flooring Carpeting, Ceramic Tile

Exterior

Exterior Feature Brick, 4 Sides Masonry

Garage Spaces 4.0

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

Schools

Elementary Schools Crockett

Middle Schools Owen Goodnight

High Schools San Marcos

School District San Marcos

Others

Acceptable Financing Conventional, FHA, VA, TX Vet, Cash, USDA

Listing Terms Conventional, FHA, VA, TX Vet, Cash, USDA


Listed by Sarah McDaniel • Greenbelt Realty • (979) 308-1385

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agent

Nik Austin

Agent | License ID: 807855

+1(832) 995-1166

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324 Craddock