$399,000
2
Units
Property Type
One Story
Status
Active
Price Type
Distressed
Year Built
1970
Neighborhood
Hughson Heights
Days on Website
59
Property Map
$399,000 – 412 Craddock Ave, San Marcos, TX 78666
Street View
Courtesy of Home Team of America, Troy Hoessly {attribution_contact}
Description
Seize this opportunity to invest in a highly desirable area with a proven track record of rental income. Large lot offers each unit its own private backyard. Each unit includes covered parking with additional parking in the driveway. Unit 412 features a spacious 3 bedroom,1.5 bath and has been thoughtfully updated with new flooring, bathroom vanities, fixtures, and neutral paint throughout. Unit 416 features 2 spacious bedrooms and 1 bathroom. Opportunity for rental increases for additional income
Property Details and Features
Building
- Oven/Stove
- Dishwasher
- 2,084 square feet
- 2 total units
- Approximate age: 54 years
- Built in 1970
- Builder: Unknown
- Oven/Stove
- Dishwasher
Listing
- 64 cumulative days on market
- 64 days on market
- Listing date: 2024-09-18 05:00:00
- Price per square foot: $191
Location
- County: Hays
- Subdivision: Hughson Heights
Bedrooms
- 2 bedrooms in unit 1
- 3 bedrooms in unit 2
Bathrooms
- 1 full bathroom in unit 1
- 1 full bathroom in unit 2
- 1 half bathroom in unit 2
Accessibility Features
- Unit 1 disability access: No
- Unit 2 disability access: No
Exterior Features
- Mature Trees
- Brick
- Wood
Floors
- Laminate
Foundation
- Slab
Roof
- Composition
Miscellaneous
- Net operating income: $11,100
- Unit 1 rent: $1,400
- Unit 2 rent: $1,550
- 0% vacancy rate
- Annual operating expense: $7,618
- Gross annual income: $20,000
- Taxes
Parking
- 1 parking space for unit 1
- Unit 1 parking type: Carport
- 1 parking space for unit 2
- Unit 2 parking type: Carport
Lot
- Lot size: 0.309
Schools
- School district: San Marcos
- Elementary school: Crockett
- Middle school: Doris Miller
- High school: San Marcos
Cooling
- One Central
Heating
- Electric
- Central
Utilities
- Separate Electric
Taxes
- Total tax amount: $7,618