418 Shadowpoint Active Save Request In-Person Tour Request Virtual Tour
San Marcos,TX 78666
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,628 sqft
Price per Sqft $168
Subdivision Blanco River Village Condo
MLS Listing ID 564226
HOA Fees $193/mo
Year Built 2009
Lot Size 4.660 Acres
Property Sub-Type Condominium
Property Description
Turnkey Investment in Prime San Marcos Location Fully updated and income-ready, this versatile 3-bed, 3-bath condo offers a rare dual-unit layout just minutes from Texas State University, downtown San Marcos, and I-35. With two separate entrances and full kitchens, each level functions as its own rental—perfect for maximizing cash flow in a high-demand market.
Upstairs: 2 bed / 2 bath
Downstairs: 1 bed / 1 bath
Projected Rent: $2,600+/month
Cap Rate Estimate: ~8.5% at $275,000
Tenant-Paid Utilities
Recent upgrades include fresh interior paint, new carpet, updated kitchen flooring, and a new roof. The fully insulated two-car garage, private deck, and in-unit laundry add even more appeal for renters.
The $193/month HOA includes structural insurance and exterior maintenance—owners pay as little as $300–$400/year in additional insurance.
Community perks include a soccer field, playground, and mature trees for added curb appeal.
Whether you're looking to expand your portfolio or lock in a strong performer with low overhead, 418 Shadowpoint delivers a rare blend of cash flow, convenience, and low-maintenance ownership.
Location
State TX
County Hays
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Vinyl
Fireplaces Type None
Laundry Inside,Laundry in Utility Room,Main Level,Laundry Room
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Garage Description 2.0
Fence Partial
Pool None
Community Features None
Utilities Available Electricity Available,Natural Gas Connected,Trash Collection Public
View Y/N No
View None
Roof Type Composition,Shingle
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District San Marcos Cisd
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan