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$479,000

608 Mustang Ln, San Marcos, TX, 78666

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,989 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.82 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Range, Disposal, Oven, Refrigerator, Water Heater, Some Electric Appliances, Built In Oven, Microwave, Water Softener Rented
FlooringCarpet, Linoleum, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Porch, Patio

Building Information

Garage Spaces2

About this property

Rare opportunity in the highly sought-after Country Estates subdivision of San Marcos! Situated on approximately 2.293 beautiful acres, this property offers privacy, space, and Hill Country charm—all just minutes from downtown San Marcos, shopping, dining, entertainment, and Texas State University, with convenient access to Austin and San Antonio. The approximately 1,989 sq. ft. home features 4 bedrooms and 2 bathrooms and is ready for a new owner to bring their vision and personal touches. Update and renovate the existing home to create your own Hill Country retreat while taking advantage of the property's beautiful setting, mature surroundings, and scenic views. Storage Building out back is perfect for a small shop, the enclosed part of the building is 20' X 22' and the adjoining right side of the building is covered and is 15' X 22'. The building has a garage door on the right side of the enclosed area. Located outside the San Marcos city limits, the property also offers the benefit of no city property taxes. Country Estates residents enjoy neighborhood amenities including a large community pool, tennis and pickleball courts, and a playground, all just a walk or bike ride away. Acreage in Country Estates with this combination of location, privacy, amenities, and potential is hard to find. Bring your vision and come see what makes this property special!

Investor Tools

$0Estimated Mortgage Balance
$494,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

Interested in this property?

Daniel Dever

Daniel Dever, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
$50/month
5.947%

City: San Marcos

608 Mustang Ln | Property Details | No Agent List