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$525,000

102 Pitt St, San Marcos, TX, 78666

On MarketInfo
Baths0 Bath

About this property

Situated in vibrant, downtown San Marcos, 102 Pitt St offers a great redevelopment opportunity to those looking for their next project. This location is close to downtown San Marcos, Texas State University, I-35, Medical Providers, Restaurants and so much more. The property is a combination of 2 residentially zoned lots with an existing home and outbuildings. This location would be ideal for many options. Due to the size of the lot, the possibility exists that it could be split into 3 equal-sized lots. The buyer for this property could even apply for a zoning change but currently, it is zoned Single Family. The structures on the property are grandfathered in but are not being given any value.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Andrew Phillips

Andrew Phillips, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$913
$46,390
2025
$46,390
N/A
$46,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$913
$46,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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