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$209,000

NAL Estimated Property Value

1013 Chestnut Street, San Marcos, TX, 78666

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths960 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$218.75 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Exhaust Fan, Electric Range, Electric Water Heater, Disposal, Plumbed For Ice Maker, Microwave, Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2001
Stories1

Land Information

APNR21072
SubdivisionBent Tree Condos
Land UseResidential
Legal DescriptionBENT TREE CONDOS UNIT 1 BLDG A GEO#90213035 TAX CODES:SSM,WEU,WUS
Census Tract010200
Assessed Land Value$20,670
Assessed Improvement Value$119,510
Assessment Year2025

About this property

Well-maintained 2 bed, 2 bath condo just minutes from Texas State University, downtown San Marcos, and the San Marcos River! This functional unit features an open living/dining layout, hard surface flooring throughout, and two full bathrooms-perfect for roommates or students. Full kitchen with ample storage and in-unit laundry hookups. Reserved parking and a quiet, tree-shaded community close to H-E-B, dining, shopping, and I-35 for easy access to Austin or San Antonio. Ideal for owner-occupants or investors seeking strong rental potential in a prime location.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$116,457Estimated Mortgage Balance
$92,543Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,943
$140,180
2025
$20,670
$119,510
$140,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,943
$140,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$133,000
No
First
Jan 6, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,457
$92,543
44%
56%
$798/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,282/mo
$1,163/mo
+$119/mo
7.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: San Marcos

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1013 Chestnut Street | Property Details | No Agent List