$2,100,000
For Sale

1627 Gordon Street

San Marcos, TX 78666
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Description

ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $149k, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value.This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more. **Opportunity Zone**
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  • Property Details
    • Measurements
      • Acres:6.626
      • Square Feet:10574
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:Other
    • Condition
      • Year built:1970
  • Community and Neighborhood Details
    • Location
      • School district:San Marcos Cisd
  • Other
    • Source
      • MLS #:456649

Location

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