414 Henk LnSan Marcos, TX 78666

For Sale
$998,000

5+ Acres, 6 Income Streams, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 5+ acre property in San Marcos, Texas, located just off Highway 123. The property boasts a diverse mix of rental units, including a five-year-old triplex featuring three 1,050 sq ft units, each with a metal roof, slab foundation, front porch, and central air conditioning. Additionally, there's a duplex with one 3-bedroom, 2.5-bath unit and one 2-bedroom, 1-bath unit, both equipped with front porches. A mobile home with two bedrooms and two bathrooms completes the rental portfolio, generating a total of six income streams. The property is partially fenced, features a pond, and offers ample space for livestock. Mature oak trees enhance the landscape's beauty. The property is situated in a location with no restrictions, presenting significant potential for expansion and increased income generation. With a total square footage of 5,238, this multifamily property is listed at $998,000 and offers a compelling return on investment for discerning buyers seeking a portfolio addition in a desirable Texas location. The property's combination of existing income and expansion potential makes it an attractive opportunity for growth and diversification.

Highlights

  • 5+ acre San Marcos, TX property, off Highway 123.
  • Six-unit multifamily portfolio including a three-unit triplex (1,050 sq ft units), a duplex (3/2.5 & 2/1 units), and a 2/2 mobile home.
  • 5,238 total sq ft, $998,000 asking price.
  • Partially fenced, pond, ample space for livestock.
  • No restrictions, significant expansion potential.

Location Insight

City
San Marcos
County
Guadalupe
State
Texas
Latitude
29.7957501
Longitude
-97.9315161
414 Henk Ln, San Marcos, Texas

FAQs

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414 Henk Ln
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