








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in San Marcos at 1202 Thorpe Ln APT 402, San Marcos, TX, 78666 listed at $149,000 pairs $1,312/mo rent with a $729/mo payment to leave $28/mo cash flow. Total monthly income runs $1,312/mo, and annual cash flow reaches $333/yr on $49,394 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 10.57% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 109.67% and total cumulative return in cash totals $54,172. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,312/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
3.97 Acres lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 78666, San Marcos, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 43,075 (100%) |
| Owner Occupied HU | 15,586 (36.2%) |
| Renter Occupied HU | 23,173 (53.8%) |
| Vacant Housing Units | 4,316 (10.0%) |
| Median Home Value | $338,265 |
| Average Home Value | $387,771 |
Residential
35,098
Single Family
22,235
Multi-Family
12,863
Businesses
2,306
Date | Event | Price |
|---|---|---|
| 2025-09-18 | Listed for sale | $149,000 |
| 2024-10-31 | Sold | N/A |
| 2024-07-03 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Rianna Alberty • eXp Realty, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6449905
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-09-19 00:51:19 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)