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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,012 sqft
Price per Sqft $195
Subdivision Old Post Road Add
MLS Listing ID 605726
Sold Date 04/17/26
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 1981
Lot Size 9,104 Sqft
Acres 0.209
Property Sub-Type Apartment
Property Description
Income producing quadraplex near Texas State University in San Marcos! All units are 1 bedroom/1 bath. 100% occupied with leases through July 23, 2026. Total Rents a month is $3685. Great shape--well maintained and managed by the owner. All new water heaters in 2024. All HVAC systems replaced in 2021. Roof replaced in 2024. Bathrooms updated and remodeled in 2023. All units are identical with the exact floorplan, same paint color and same flooring. All have wood-like flooring with no carpet. NO HOA. Tenants pay all utilities On the Texas State bus route. Easy access to IH-35. This property has low operating overhead the owner only pays taxes, insurance and lawn maintenance. Also the property has efficient 31% expense ratio with stabilized occupancy.
Location
State TX
County Hays
Interior
Interior Features Ceiling Fan(s), Tub Shower, Kitchen/Dining Combo
Heating Central, Electric
Cooling Central Air, Electric, 1 Unit
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Electric Water Heater, Oven, Refrigerator, Range Hood, Some Electric Appliances
Laundry None
Exterior
Fence None
Pool None
Utilities Available Electricity Available
View Y/N No
Water Access Desc Multiple Meters,Public
View None
Roof Type Composition,Shingle
Accessibility None
Building
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Multiple Meters, Public
Architectural Style Traditional
Level or Stories Two
Construction Status Resale
Schools
School District San Marcos Cisd
Others
Tax ID R37300
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Victor A Aguilar
Agent/Team Lead | License ID: 0653089
Agent/Team Lead License ID: 0653089