$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 |