Address
1321 Harris Hill Road San Marcos, TX
Price
$ 1,200,000
Property Attributes
  • MLS#457220
  • TypeSingle Family
  • CountyHAYS
  • CitySan Marcos
  • Zip78666
  • StyleTraditional
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10760
  • Lot Size2.44 Acres
Listing Provided Courtesy Of:
Texias, LLC
Data Source:
Central Texas / Four Rivers Association of REALTORS® (CTXMLS) - 277 - TX
Property Description

The property, 2.438 acres is improved with a total of 14 rental units: 2 duplexes, 3 manufactured homes and 7residential structures. There is also a barn for storage or rental Current income for 11/2020 thru 10/2021 was$127,940.25 with expenses of $28,049 for an NOI of $99,440.89. The owner owns free and clear and is self insured. Allocating $11,000 for insurance estimated annual cap rate is approximately 7.37%. There are six water meters and some water is submetered. Permits are available for 12 OSSF systems. 7 of the properties are located in the FEMA 100Yr Flood Plain, only 5 have flooded. Elevation Certificates available with current survey. The property is professionally managed by Asset Management Inc. in San Marcos.

Price History
11/18/2021 Listed $1,200,000

General Features

Accessibility None
Additional Parcels Description R135764, R111298, R111299, R111295, R111296, R111294, R111293, R111301, R111302, R111303
Appliances Other, See Remarks, Microwave
Architectural Style Traditional
Construction Materials Frame, Metal Siding, Vinyl Siding
Elementary School District San Marcos Cisd
Flooring Carpet, Vinyl
Heating Other, See Remarks
High School District San Marcos Cisd
Interior Features None
Levels One
Listing Agent State License 0162313
Middle/Junior School District San Marcos Cisd
Pool Features None
Property Sub Type Additional Apartment, Multi Family
Property SubType Apartment
Property Type Residential
PropertyCondition Resale
Roof Composition, Metal, Shingle
Sewer Septic Tank
Status Active
Stories 1
Terms Cash, Conventional
Topography Rolling
Total Units 1
Utilities Electricity Available, Other, See Remarks
View None
Water Body Name None

Interior Features

Fireplace Features None
Laundry Features Other, See Remarks
Living Area 10760

Exterior Features

Fencing None
Foundation Details Pillar/Post/Pier
Lot Dimensions Survey attached
Lot Size Acres 2.44
Lot Size Area 2.44
Road Responsibility Public Maintained Road
Water Source Community/Coop

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78666

Price
AVG $660K
$1.2M
Visits
AVG 51
9
Year Built
AVG 2007
1980

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