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$315,000

1018 Mead ST, San Marcos, TX, 78666

On MarketInfo
Baths0 Bath
Baths1,562 Sq Ft
DuplexDuplex
price_per_sqft$201.66 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesGas Range, Refrigerator
FlooringVinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

About this property

Duplex for Sale Near Texas State University - House Hack Opportunity - Income-Producing Property - Student Housing Investment - San Marcos TX Prime investment opportunity just minutes from Texas State University, Downtown San Marcos, and the San Marcos River! This income-producing duplex at 1018 Mead St offers the perfect setup for investors, parents of incoming Texas State students, or buyers looking to house hack and build long-term wealth. Located near Hopkins Street and I-35 with quick access to campus, The Square in Downtown San Marcos, H-E-B, Target, Sewell Park, Rio Vista Park, restaurants, coffee shops, and entertainment. Easy commute to Austin or New Braunfels. This property features a large fenced backyard, two designated outdoor parking spaces for the studio, and strong rental appeal due to its proximity to Texas State University. Ideal for: • Parents wanting to invest instead of paying dorm costs • First-time investors seeking a cash-flow opportunity • Buyers looking to house hack and reduce living expenses • Long-term hold investors in a growing college market With Texas State enrollment continuing to grow and rental demand remaining strong, opportunities like this — with one unit already producing income and one vacant for flexibility — are rare. Whether you're buying for your student this fall or looking to expand your investment portfolio, this duplex offers location, flexibility, and income potential. Schedule your showing today — properties this close to Texas State don’t last long.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Andy Fisher

Keller Williams Realty

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Financing Details

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

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.

Explore Texas Explore This Area
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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1018 Mead ST | Property Details | No Agent List