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1321 Harris Hill Road

San Marcos, TX 78666
  • $1,200,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 457220
UPDATED: 33 min ago
$1,200,000
  • 0
    BEDS
  • 2.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,760
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:
Area:

School Ratings & Info

School District:

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.

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© 2022 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Family. Data last updated: 2022-01-24T08:05:30.627.
www.texaslonestarhomes.com/homes/123383428
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1321 Harris Hill Road San Marcos, TX 78666

  • Price: $1,200,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 33 min ago
  • MLS #: 457220
0
Beds
0
Baths
0
½ Baths
2.44
Acres
10,760
SQFT
$112
$/SQFT
1980
Built
Neighborhood:
San Marcos
County:
Hays
Area:
San Marcos
School District:
San Marcos Cisd
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.
Exterior Features

Architectural Style Traditional Carport Spaces 0 Construction Materials FrameMetal SidingVinyl Siding Fencing None Foundation Details Pillar/Post/Pier Garage YN No Pool Features None View None View YN No Waterfront YN No

Interior Features

Appliances OtherSee RemarksMicrowave Fireplace Features None Fireplace YN No Flooring CarpetVinyl Heating OtherSee Remarks Interior Features None Laundry Features OtherSee Remarks Levels One

Property Features

Accessibility Features None Association Fee 0 Association YN No Listing Terms CashConventional Lot Size Dimensions Survey Attached Property Condition Resale Property Subtype Apartment Sewer Septic Tank Spa YN No Topography Rolling Utilities Electricity AvailableOtherSee Remarks Water Source Community/Coop



© 2022 Central Texas MLS.
Listing courtesy of John Mccrocklin of Texias, Llc.



© 2022 Central Texas Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Family. Data last updated: 2022-01-24T08:05:30.627.
 
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1806 W. Stan Schlueter Loop
Killeen TX, 76549