San Marcos, TX 78666 418 Shadowpoint

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Presented By: Greenbelt Realty
  • MLS# 564226
  • 12/06/2024
  • Request Tour
  • Request Info
  • SQFT • 1,628
  • Garage • 2

Home Details

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.
Presented By: Greenbelt Realty

Interior Features for 418 Shadowpoint

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
Interior AmenitiesCeilingFans, OpenFloorplan, TubShower, WalkInClosets, BreakfastBar, KitchenIsland, KitchenFamilyRoomCombo, Pantry
Laundry FeaturesInside, LaundryInUtilityRoom, MainLevel, LaundryRoom
Total Fireplaces

General for 418 Shadowpoint

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDryer, Dishwasher, ExhaustFan, GasCooktop, GasRange, GasWaterHeater, Refrigerator, Washer, SomeGasAppliances, BuiltInOven, Cooktop, Microwave
Assoc Fee Paid PerMonthly
Association Fee IncludesMaintenanceGrounds, MaintenanceStructure, Other, SeeRemarks
Association NameBlanco River Village Homeowners Association
Attached Garage No
Body of WaterNone
Carport Spaces0.0
Carport Y/NNo
CitySan Marcos
Community FeaturesNone
Construction MaterialsHardiplankType
CoolingCentralAir
CountyHays
DirectionsFrom I-35 in San Marcos, take exit 205 for Hwy 80. Turn right onto Hwy 80, then left onto Hwy 21. Continue for about 0.5 miles, then turn left onto Newberry Tr and directly right onto Shadow Point. 418
Electric On Property Y/NYes
Elementary School DistrictSan Marcos Cisd
Facing DirectionWest
Garage Spaces2.0
Garage Y/NYes
HOAYes
HOA Fee$193.0
HeatingCentral
High School DistrictSan Marcos Cisd
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Middle/Junior School DistrictSan Marcos Cisd
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Occupancy TypeVacant
Patio/Porch FeaturesBalcony
Pool FeaturesNone
PossessionClosingAndFunding, Closing
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalCondominium, Duplex, MultiFamily
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameBlanco River Village Condo
UtilitiesElectricityAvailable, NaturalGasConnected, TrashCollectionPublic
ViewNone
Waterfront Y/NNo
Year Built2009
Year Built SourceAssessor

Exterior for 418 Shadowpoint

Crops Included Y/NNo
Exterior AmenitiesBalcony
FencingPartial
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres4.66
Open Parking Y/NNo
Road Surface TypeAsphalt
SpaNo
Water SourcePublic

Additional Details

Price History

Monica Vanaman

Texas REALTOR
Price $274,900
MLS#564226
List Date 12/06/2024
Property Type Contingent
Phone 254.404.5860
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