Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 605, San Marcos, TX, 78666 uses $77,869 cash to close to unlock $12,700/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $2,729/mo, and a $1,150/mo payment keeps the spread at $1,058/mo. Purchase price stands at $234,900, and rental yield measures 13.94% with $2,729/mo rent. Return on cash invested shows 36.22% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 191.56% and total cumulative return in cash records $149,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,729/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1984
3.97 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-07-30 | Listing removed | N/A |
| 2024-06-24 | Pending sale | $234,900 |
| 2024-06-12 | Price change | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mando Delacerda • Realty Texas LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #548460
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 Central Texas MLS, All Rights Reserved.
