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417 Parker Drive

San Marcos, TX 78666
  • $274,900
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 524741
UPDATED: 33 min ago
$274,900
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,436
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

School District:


© 2024 Central Texas MLS.
Listing courtesy of Ann Flink of Kelly Right Real Estate of Tex: 512-219-2829.

Description

Prime investment opportunity in a thriving San Marcos neighborhood without the constraints of an HOA, with recent updates and a price improvement. 5 bedrooms, 2.5 bathrooms, multiple entrances, and priced attractively at $191 per square foot, well below the average for mixed use property, this MU property offers versatile leasing options for investors looking to buy and hold or fix and flip, but could also be developed as currently permitted for commercial uses such as 4 story residential, retail, offices, etc. Unlike other areas in San Marcos, the zoning of this property allows for a lease agreement with multiple unrelated tenants and for Short Term Rental. Its prime location near the university and with access to I35 suggests high demand and consistent rental income with potential for substantial returns. Owner has installed new GFCI outlets, an updated breaker box, rerouted electrical, and a new sub-panel installed in 2018, along with a brand-new roof in 2023, and foundation work completed (with a transferable lifetime warranty) in 2018. Don't miss out on this opportunity to own a lucrative investment property in a sought-after location.

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© 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 The Real Estate Home Team LLC. Data last updated: 2024-03-03T19:06:08.383.
www.therealestatehometeam.com/homes/144725196
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417 Parker Drive San Marcos, TX 78666

  • Price: $274,900
  • Status: Active
  • On Site: 129 Days
  • Updated: 33 min ago
  • MLS #: 524741
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1,436
SQFT
$191
$/SQFT
1970
Built
Neighborhood:
Sunset Acres
County:
Hays
Area:
San Marcos
School District:
San Marcos Cisd
Property Description
Prime investment opportunity in a thriving San Marcos neighborhood without the constraints of an HOA, with recent updates and a price improvement. 5 bedrooms, 2.5 bathrooms, multiple entrances, and priced attractively at $191 per square foot, well below the average for mixed use property, this MU property offers versatile leasing options for investors looking to buy and hold or fix and flip, but could also be developed as currently permitted for commercial uses such as 4 story residential, retail, offices, etc. Unlike other areas in San Marcos, the zoning of this property allows for a lease agreement with multiple unrelated tenants and for Short Term Rental. Its prime location near the university and with access to I35 suggests high demand and consistent rental income with potential for substantial returns. Owner has installed new GFCI outlets, an updated breaker box, rerouted electrical, and a new sub-panel installed in 2018, along with a brand-new roof in 2023, and foundation work completed (with a transferable lifetime warranty) in 2018. Don't miss out on this opportunity to own a lucrative investment property in a sought-after location.
Exterior Features

Construction Materials Redwood Siding Wood Siding Foundation Details Slab Parking Features Parking Spaces View None View YN No Waterfront YN No

Interior Features

Cooling Item1 Unit Cooling YN Yes Flooring Ceramic Tile Laminate Vinyl Heating YN Yes Interior Features Pull Down Attic Stairs Levels One

Property Features

Accessibility Features None Association Amenities None Community Features None Property Condition Resale Property Subtype Commercial Road Frontage Type City Street Sewer Public Sewer Utilities Electricity Available Trash Collection Public Water Source Public Zoning MU



© 2024 Central Texas MLS.
Listing courtesy of Ann Flink of Kelly Right Real Estate of Tex: 512-219-2829.



© 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 The Real Estate Home Team LLC. Data last updated: 2024-03-03T19:06:08.383.
 
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The Real Estate Home Team LLC
221 W Ave. D
Copperas Cove TX, 76522


© 2024 Central Texas MLS.
Listing courtesy of Ann Flink of Kelly Right Real Estate of Tex: 512-219-2829.