• San Marcos, TX 78666

  • 5 Beds 2,589 SqFt
  • Multi-family (2-4 units) / Rent To Own

Property Details for null St, San Marcos, TX 78666

Features

Facts

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

This duplex is a fantastic investment opportunity, located just a short distance from Texas State University. The property offers significant potential but needs some TLC to bring it up to its full value. The property features 2 units with 3 bedrooms and 2 baths, a 1 car garage and 2 story layout. A large back yard full of mature trees that provide plenty of shade and charm. With its prime location, this duplex is perfect for investors looking to capitalize on the demand for housing near the university. Whether you're looking to renovate for resale or rent, this property offers promising return on investment. Recent repairs include: plumbing on both sides are improved with new pipes bypassing the existing pipes in the slab. New A/C units on both sides with the 114 side now has a filter system that only needs a new filter once a year. Both systems are on a maintenance schedule and annual inspections. Ask about Zero down payment and No PMI through the H.O.P.E. Loan program or the Debt Service Coverage Ratio!! Both great loan options for this property!!

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Property Brokerage: Real Broker, LLC 2626 Cole Ave, Suite 300 Dallas TX 75204
Copyright © 2024 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.