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$6,000,000

504 Frances Harris Lane, San Marcos, TX, 78666

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,455 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$4,123.71 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Other, Refrigerator, See Remarks

Exterior

Exterior FeaturesOther, See Remarks
Lot Size2.59 acres

Land Information

APNR16892
Lot Number6
SubdivisionJohn Owens Survey
Land UseResidential
Legal DescriptionA0356 JOHN OWENS SURVEY, TRACT 6, ACRES 2.59 TAX CODES:SSM,WEU,YCI,EHA
Census Tract010402
Assessed Land Value$195,640
Assessment Year2025

About this property

Endless possibilities await on this 40 (+/-) acre parcel conveniently located just outside of beautiful San Marcos, Texas. Build your dream home and enjoy the best of both worlds; a country lifestyle with the convenience and amenities of the city. Utilities are in place with 2 dwellings currently on the property. With residential and commercial development nearby, this location is a prime investment opportunity in a rapidly growing area. 504 Francis Harris Lane is only 2.5 miles from the city's plan for a Second City Center known as East Village; which is being designed to include mixed use development, trails, parks, and public transportation for easy access to all that San Marcos has to offer. The property is a short drive to Texas State University and an easy commute to Austin or San Antonio. No known zoning or development restrictions. Opportunity for farm, ranch, residential or commercial projects. Buyers to do own due diligence., Additional Parcels Description: And adjacent +/- 40 acres total, View: Hills, Trees/Woods, Water Source: Public, Tax Rate: 1.77

Investor Tools

$0Estimated Mortgage Balance
$355,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$36,000 /month
Positive
Cash Flow Estimate:
$12,000 /month

Interested in this property?

Isaih Lugo

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,095
$195,640
2025
$195,640
N/A
$195,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,095
$195,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$355,000
100%
0%
$0/mo

City: San Marcos