$1,900,000

1627-1631 Gordon Street, San Marcos, TX

10,574

Square feet

6.63

Acres

ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $149k, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value. This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more. **Opportunity Zone**

Facts & Features

ListingFeed abor_vow
MLS® # 3829685
List Price $1,900,000
Sale Price $1,600,000
Sale Date March 6th, 2024
Bathrooms 0.00
Square Footage 10,574
Acres 6.63
Year Built 1970
Type Residential Income
Sub-Type Duplex
Status Closed

Community Information

Address 1627-1631 Gordon Street
Subdivision A0017-2 JUAN M VERAMENDI SURVEY, TRACT 93, ACRES 6
City San Marcos
County Hays
State TX
Zip Code 78666

Amenities

Utilities See Remarks
Features See Remarks
Parking Carport, See Remarks
View Hills
Is Waterfront No
Has Pool No

Interior

Interior Tile, Vinyl
Appliances See Remarks
Heating See Remarks
Cooling See Remarks
Fireplace Yes
# of Fireplaces 1
Fireplaces Great Room
# of Stories 1
Stories One

Exterior

Exterior Features See Remarks
Lot Description Many Trees, Views
Windows See Remarks
Roof Composition, Shingle
Construction See Remarks
Foundation Slab

School Information

District San Marcos ISD
Elementary Travis
Middle Miller
High San Marcos

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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