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417 Parker Dr , #0

San Marcos, TX 78666
  • $274,900
  • STATUS: Active
  • MLS #: 4686637
Price Reduced
UPDATED: 68 min ago
$274,900
  • 5
    BEDS
  • 0.21
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,436
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1970
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Annie Flink of Kelly Right Real Estate of Tex: (844) 535-5974.

Description

Prime investment opportunity in a thriving San Marcos neighborhood without the constraints of an HOA, with recent price improvement, 5 bedrooms, 2.5 bathrooms, and multiple entrances, this home offers versatile living arrangements ideal for families of all sizes. Whether it's accommodating multi-generational living or providing a comfortable space for your college-bound child, this property suits various residential needs. Priced attractively at $191 per square foot, well below the average for mixed use property, this MU home 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, for Short Term Rental, and for Accessory Dwelling Unit. Its prime location near the university and with access to I35 suggests high demand and consistent rental income with potential for substantial returns. Benefiting from recent electrical upgrades, such as 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 transferrable lifetime warranty) in 2018, this home offers peace of mind, affordable family living, and income potential. Don't miss out on this opportunity to own this affordable family home and lucrative investment property in a sought-after location.

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© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2024-02-28T13:00:50.383.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-28T13:00:50.383 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.mysanantoniohomesearch.com/homes/146281260
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417 Parker Dr , #0 San Marcos, TX 78666

  • Price: $274,900
  • Status: Active
  • On Site: Days
  • Updated: 68 min ago
  • MLS #: 4686637
5
Beds
2
Baths
1
½ Baths
0.21
Acres
1,436
SQFT
$191
$/SQFT
1970
Built
Neighborhood:
Sunset Acres
County:
Hays
Area:
San Marcos
Elementary School:
Mendez
Middle School:
Goodnight
High School:
San Marcos
School District:
San Marcos ISD
Property Description
Prime investment opportunity in a thriving San Marcos neighborhood without the constraints of an HOA, with recent price improvement, 5 bedrooms, 2.5 bathrooms, and multiple entrances, this home offers versatile living arrangements ideal for families of all sizes. Whether it's accommodating multi-generational living or providing a comfortable space for your college-bound child, this property suits various residential needs. Priced attractively at $191 per square foot, well below the average for mixed use property, this MU home 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, for Short Term Rental, and for Accessory Dwelling Unit. Its prime location near the university and with access to I35 suggests high demand and consistent rental income with potential for substantial returns. Benefiting from recent electrical upgrades, such as 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 transferrable lifetime warranty) in 2018, this home offers peace of mind, affordable family living, and income potential. Don't miss out on this opportunity to own this affordable family home and lucrative investment property in a sought-after location.
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Covered Spaces 0 Direction Faces West Exterior Features None Fencing WireWood Foundation Details Slab Garage YN No Levels One Lot Features Back YardLevelTrees-Large (Over 40 Ft)Trees-Small (Under 20 Ft) Lot Size Dimensions 80X250 Other Structures OutbuildingShed(s)Storage Parking Features Outside Patio And Porch Features Porch Roof CompositionSee Remarks View None Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherOven Cooling Central Air Fireplace Features None Fireplaces Total 0 Flooring TileVinyl Heating Central Interior Features 2 Primary SuitesEat-in KitchenPrimary Bedroom on Main Laundry Location None Main Level Bedrooms 5 Num Dining 1 Num Living 1 Num Other Level Beds 0 Rooms Laundry (Main Level) Dining Room (Main Level Kitchn - Breakfast Area) Primary Bedroom (Main Level Full BathSee Remarks) Living Room (Main Level) Storage (Main Level) Workshop (Main Level) Bedroom (Main Level None) Bedroom (Main Level Half Bath) Bedroom (Main Level None) Bedroom (Main Level None) Bathroom (Main Level None) Kitchen (Main Level Ceiling Fan(s)) Window Features Aluminum Frames

Property Features

Accessibility Features None Additional Parcels YN No Association Fee 0 Association YN No Community Features ParkPlayground Estimated Taxes 1448 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type Single Family Residence Sewer Public Sewer Spa Features None Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas Available Water Source Public



© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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. Data last updated: 2024-02-28T13:00:50.383.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2024-02-28T13:00:50.383 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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Neal & Neal Team - Keller Williams Realty-City View
4618 De Zavala Rd
San Antonio TX, 78249
Property listed by Annie Flink of Kelly Right Real Estate of Tex: (844) 535-5974.