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$450,000

707 Mustang Ln, San Marcos, TX, 78666

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringSee Remarks, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size3.02 acres

Building Information

Year Built1974
Stories1
Garage Spaces3

Land Information

APNR24883
Lot Number4
SubdivisionCountry Estates Sec 2
Land UseResidential
Legal DescriptionCOUNTRY ESTATES SEC 2, LOT 4, ACRES 3.023 TAX CODES:SSM,WEU,WUS,EHA
Census Tract010704
Assessed Land Value$244,030
Assessed Improvement Value$135,970
Assessment Year2026

About this property

Gorgeous 3 acres with mature trees, home, garage, and workshop in the fantastic Country Estates neighborhood. You'll enjoy a quiet setting but are incredibly close to downtown and everyday amenities. Kitchen features stainless appliances, granite counters, and tile backsplash. New faux wood flooring in the living area, bedrooms, kitchen, and dining. All faux wood and tile flooring. No carpet for easy cleaning. Fresh paint inside and out. Windows recently replaced. 2 inch blinds and window treatments are included. Additional climate controlled room detached from main house and located next to the workshop and 800 sq ft garage. Covered front and back patios. New energy efficient AC and heat system 2026. Circle driveway. Metal roof. Don't miss the separately fenced animal pasture to the left of the main house and yard complete with a barn with water. Ready for horses or other animals. Since it's not in the city limits, the total tax rate is a low 1.5%. No HOA but have the option to use the Country Estates pool, tennis/pickleball courts, and playground.

Investor Tools

$0Estimated Mortgage Balance
$377,681Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Sharon Peters

Sharon Peters, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,974
$377,681
2026
$244,030
$135,970
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,974
$377,681

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,681
100%
0%
$0/mo

City: San Marcos

707 Mustang Ln | Property Details | No Agent List