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$244,240

NAL Estimated Property Value

116 Salas Dr, San Marcos, TX, 78666

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,160 Sq Ft
price_per_sqft$210.15 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Self Cleaning Oven, Vented Exhaust Fan
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR112479
Lot Number8
SubdivisionEl Camino Real Phase 2 Sec 2
Land UseResidential
Legal DescriptionEL CAMINO REAL PHASE 2 SEC 2, BLOCK K, LOT 8 TAX CODES:SSM,WEU,YCI,TSM1,THC1
Census Tract010402
Assessed Land Value$65,840
Assessed Improvement Value$178,400
Assessment Year2025

About this property

Welcome to this charming 3/2/2 home with 1,160 sqft. Recent upgrades include a new roof (1 month old), a 2021 water heater replacement, and a 5-year-old AC. Enjoy the spacious living area, well-equipped kitchen, and master bedroom with en-suite. The low-maintenance yard adds convenience. Located in a desirable neighborhood, close to amenities. Don't miss this opportunity for a comfortable and convenient lifestyle!

Investor Tools

Property Icon
$244,240
Estimated Property Value
$292,158Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,465 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,936
$244,240
2025
$65,840
$178,400
$244,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,936
$244,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Fha
$245,471
Yes
First
Jul 18, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,158
N/A
0%
120%
$1,830/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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116 Salas Dr | Property Details | No Agent List