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$199,999

107 Mandalay St, San Marcos, TX, 78666

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,203 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.25 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Range, Gas Water Heater, Oven, Refrigerator
FlooringCarpet Free, Parquet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR10210
SubdivisionThomas J Chambers Survey
Land UseResidential
Legal DescriptionABS 2 TR 28 THOMAS J CHAMBERS SURVEY GEO#90200163 TAX CODES:SSM,WEU,WUS
Census Tract010703
Assessed Land Value$49,810
Assessed Improvement Value$152,230
Assessment Year2025

About this property

Close to Texas State University! Charming mid-century ranch on a shaded .19-acre lot, just minutes from Texas State University. This 2-bedroom, 2-bathroom home offers 1,203 square feet of single-story living beneath a canopy of mature oak trees. A covered carport and long concrete driveway lead to a welcoming front porch with a ramp entrance for easy accessibility. Inside, the open living and dining areas showcase warm hardwood flooring, a ceiling fan, and an abundance of natural light. A versatile den/flex space off the main living area features built-in bookshelves and cabinetry — ideal for a home office, library, or media room. The kitchen offers tile flooring, a gas range, and a built-in wood pantry cabinet, while the bathroom features classic tile countertops and tile surround. Priced below market to account for needed repairs and updates, this home offers buyers the opportunity to add value and make it their own. Set back from the street among towering trees, it combines privacy, character, and unbeatable proximity to campus — a smart find for an owner-occupant or investor.

Investor Tools

$69,397Estimated Mortgage Balance
$178,603Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

Interested in this property?

Natalie Butler-Megerson

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,913
$202,040
2025
$49,810
$152,230
$202,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,913
$202,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$99,000
No
First
Jun 14, 2013
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,397
$173,603
71%
28%
$0/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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107 Mandalay St | Property Details | No Agent List