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$500,000

104 Chula Vista St, San Marcos, TX, 78666

$529,409 ARVInfo
Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths2,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.16 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringSee Remarks

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Stories1
Roof Type114
Garage Spaces2

Land Information

APNR43294
Lot Number4
SubdivisionSpring Lake Hills Estates #2
Land UseResidential
Legal DescriptionSPRING LAKE HILLS ESTATES #2, BLOCK 3, LOT 4 - 5 TAX CODES:SSM,WEU,WUS
Census Tract010703
Assessed Land Value$197,840
Assessed Improvement Value$297,980
Assessment Year2025

About this property

Rare Opportunity in Highly Sought-After Spring Lake Hills! Situated on two city lots in one of San Marcos’ most desirableneighborhoods, this property offers incredible potential with sweeping views of Texas State University. With possible approvalfrom the city, the lot configuration may allow for building two homes—making this a standout opportunity for investors,builders, or those seeking a multi-generational setup. Originally built in the 1950s and one of the first homes established inSpring Lake Hills, this property is rich with character and ready for a complete transformation. The main home features 3bedrooms, 2 bathrooms, and a spacious living area anchored by a beautiful large fireplace. A basement with a separateentrance and full bath adds flexibility for guest quarters, rental potential, or private workspace. The property also includes alarge detached 2-car garage. Surrounded by abundant mature trees, the setting provides privacy, charm, and a true HillCountry feel—just minutes from downtown, Texas State University, and local amenities. Ideal for a full remodel orredevelopment in an unbeatable location—bring your vision and make it your own!

Investor Tools

$23,844Estimated Mortgage Balance
$620,156Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$529,408
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,864 /month
Positive
Cash Flow Estimate:
$1,288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,402
$495,820
2025
$197,840
$297,980
$495,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,402
$495,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A+ Fcu
Credit Line (Revolving) / Heloc
$35,000
No
First
Jul 2, 2012
Jul 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,844
$620,156
96%
4%
$210/mo

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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104 Chula Vista St | Property Details | No Agent List