121212121212121
121212121212121
0 Beds
0 Baths
1,628 sq ft
MLS 564226
MLS 564226
Beds
Baths
Sq Ft
Turnkey Investment in Prime San Marcos Location Fully updated and income-ready, this versatile 3-bed, 3-bath condo offers a rare dual-unit layout just minutes from Texas State University, downtown San Marcos, and I-35. With two separate entrances and full kitchens, each level functions as its own rental—perfect for maximizing cash flow in a high-demand market. Upstairs: 2 bed / 2 bath Downstairs: 1 bed / 1 bath Projected Rent: $2,600+/month Cap Rate Estimate: ~8.5% at $275,000 Tenant-Paid Utilities Recent upgrades include fresh interior paint, new carpet, updated kitchen flooring, and a new roof. The fully insulated two-car garage, private deck, and in-unit laundry add even more appeal for renters. The $193/month HOA includes structural insurance and exterior maintenance—owners pay as little as $300–$400/year in additional insurance. Community perks include a soccer field, playground, and mature trees for added curb appeal. Whether you're looking to expand your portfolio or lock in a strong performer with low overhead, 418 Shadowpoint delivers a rare blend of cash flow, convenience, and low-maintenance ownership.
On the market for 149 days
Condos built in 2009
$169 per sq ft
No Pool
Summary of the property details
Sq. Ft:
1,628
Stories:
2
Style:
Condominium
Year Built:
2009
County:
Hays
Last updated Apr 29, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
Year Built:
2009
New Construction:
N/A
Subdivision:
N/A
Area:
N/A
Master Planned:
N/A
Style:
N/A
Type:
N/A
Sub Type:
N/A
Garage Type:
N/A
# of Baths (Full):
N/A
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Room Description:
N/A
Bedroom Description:
N/A
Kitchen Description:
N/A
Dishwater:
N/A
Range Type:
N/A
Oven Type:
N/A
Disposal:
N/A
Compactor:
N/A
Countertops:
N/A
Cable:
N/A
Cool System:
N/A
Appliances:
Dryer, Dishwasher, ExhaustFan, GasCooktop, GasRange, GasWaterHeater, Refrigerator, Washer, SomeGasAppliances, BuiltInOven, Cooktop, Microwave
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Private Pool:
N/A
Pool Area:
N/A
Features:
N/A
Water / Sewer:
N/A
Building Stories:
N/A
Complex Access:
N/A
Lot Description:
N/A
# of Garage Parking Spaces:
N/A
Garage Type:
N/A
Parking Desc:
N/A
Garage Carport:
N/A
Application Fee:
N/A
Rental Terms:
N/A
Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
Elementary
Middle
High School
No upcoming open houses
Greenbelt Realty
Homes similar to 418 Shadowpoint are listed between $210,000 and $2,200,000 at and average of $238 per square foot.