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$308,000

NAL Estimated Property Value

1040 Scull RD, San Marcos, TX, 78666

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11 acres

Land Information

APN1G-0925-2000-03800-000
Lot Number38
SubdivisionEnchanted Ranch #2
Land UseAgriculture / Farming
Legal DescriptionENCHANTED RANCH #2 LOT #38 11.00 ACS AKA ABS: 21 SUR: B & G FULCHER
Census Tract210505
Assessed Land Value$5,825
Assessment Year2025

About this property

For sale: 11 acres at 1040 Scull Rd, San Marcos, TX. Privacy is key with a gated flag lot, partial fencing, and a long driveway. Water meter at the road for easy access and future improvements. Neighbors are comfortably distant. Minimal restrictions, lots of trees, and portions of the land have been thoughtfully cleared, offering a perfect blend of natural beauty and potential for customization. Current owners have already put in a ton of sweat equity. Standout feature: 2023 property taxes only $145 due to beekeeping exemptions, a significant drop from the other properties nearby paying around $5000 in annual taxes. Don't miss this opportunity for a spacious and private Texas retreat. Call or text me today for more information! BONUS: WE HAVE A GOOD SURVEY!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$303,680Estimated Mortgage Balance
$4,320Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,947 /month
Positive
Cash Flow Estimate:
$649 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$120
$5,825
2025
$5,825
N/A
$305,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$120
$5,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dale Linebarger
Purchase Money Mortgage
$315,000
No
First
Apr 29, 2024
May 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,680
$4,320
1%
99%
$1,889/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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1040 Scull RD | Property Details | No Agent List