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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in San Marcos at 532 Basket Grass Rd, San Marcos, TX, 78666 generates $2,501/mo in rent, after a $2,054/mo payment. Total monthly income is $2,501/mo. Return on cash invested sits at 15.27% in year one, and rental yield is 7.15% on a $419,560 entry. Equity gained on principal adds $2,707/yr, while 5% annual appreciation builds toward $115,917 over five years. Five-year ROI reaches 79.33% and total cumulative return in cash sums $110,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,501/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,486 sqft lot
$N/A/sqft
$55 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 |
|---|---|---|
| 2024-10-18 | Price change | $419,560 |
| 2024-10-05 | Price change | $424,162 |
| 2024-09-26 | Price change | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matthew Menard • Austin Real Estate Experts
Mls Name: SABOR
Mls Provider:
Mls ID: #1754452
Disclaimer: 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.
