414 Henk LnSan Marcos, TX 78666

Property Details for 414 Henk Ln

Property size (Sq ft)

5,238 SF

Property type

Land

Property subtype

Apartment buildings

Description

This exceptional investment opportunity presents a 5+ acre property in San Marcos, Texas, located just off Highway 123. The property boasts a diverse mix of rental units, including a five-year-old triplex featuring three 1,050 sq ft units, each with a metal roof, slab foundation, front porch, and central air conditioning. Additionally, there's a duplex with one 3-bedroom, 2.5-bath unit and one 2-bedroom, 1-bath unit, both equipped with front porches. A mobile home with two bedrooms and two bathrooms completes the rental portfolio, generating a total of six income streams. The property is partially fenced, features a pond, and offers ample space for livestock. Mature oak trees enhance the landscape's beauty. The property is situated in a location with no restrictions, presenting significant potential for expansion and increased income generation. With a total square footage of 5,238, this multifamily property is listed at $998,000 and offers a compelling return on investment for discerning buyers seeking a portfolio addition in a desirable Texas location. The property's combination of existing income and expansion potential makes it an attractive opportunity for growth and diversification.

Location Insight

City

San Marcos

County

Guadalupe

State

Texas

Latitude

29.7957

Longitude

-97.9315

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