San Marcos, TX 78666,418 Shadowpoint
San Marcos, TX 78666,418 Shadowpoint
San Marcos, TX 78666,418 Shadowpoint
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$274,900
Est. payment /mo
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1,628 SqFt
Price Dropped by $9K

418 Shadowpoint San Marcos, TX 78666

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,628 sqft

Price per Sqft $168

Subdivision Blanco River Village Condo

MLS Listing ID 564226

Construction Status Resale

HOA Fees $193/mo

HOA Y/N Yes

Year Built 2009

Lot Size 4.660 Acres

Acres 4.66

Property Sub-Type Condominium

Property Description

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.

Location

State TX

County Hays

Direction West

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Tub Shower, Walk-In Closet(s), Breakfast Bar, Kitchen Island, Kitchen/Family Room Combo, Pantry

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Range, Gas Water Heater, Refrigerator, Washer, Some Gas Appliances, Built-In Oven, Cooktop, Microwave

Laundry Inside, Laundry in Utility Room, Main Level, Laundry Room

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Garage Description 2.0

Fence Partial

Pool None

Community Features None

Utilities Available Electricity Available, Natural Gas Connected, Trash Collection Public

View Y/N No

Water Access Desc Public

View None

Roof Type Composition,Shingle

Accessibility None

Porch Balcony

Building

Faces West

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Resale

Schools

School District San Marcos Cisd

Others

HOA Name Blanco River Village Homeowners Association

HOA Fee Include Maintenance Grounds,Maintenance Structure,Other,See Remarks

Tax ID R132340

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Central Texas MLS (CTXMLS)
Listed by Jake O'Brien • Greenbelt Realty

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418 Shadowpoint