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$666,000

NAL Estimated Property Value

118 S Mitchell St, San Marcos, TX, 78666

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,086 Sq Ft
price_per_sqft$263.18 / sqft
Year BuiltBuilt in 1906

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesCooktop, Dishwasher, Gas Cooktop, Gas Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built2005
Stories1
Roof Type112

Land Information

APNR43645
Lot Number9
SubdivisionJ M Stone Addn
Land UseResidential
Legal DescriptionJ M STONE ADDN 15-82 LOT 9 BLK 1 GEO#90207549 TAX CODES:SSM,WEU,WUS
Census Tract010100
Assessed Land Value$91,760
Assessed Improvement Value$442,570
Assessment Year2025

About this property

Welcome to the charming Victorian farm house built in 1906, featuring delightful details such as a wrap-around porch and intricate gingerbread trim. This timeless home offers three spacious bedrooms and two and a half baths. One of the highlights of this property is the 600 square foot workshop, complete with plumbing and electricity, making it ideal for hobbies or could easily be converted to an income producing ADU. Additionally, the house boasts modern updates, including pex plumbing and updated electrical systems, ensuring convenience and functionality. Step back in time and indulge in the luxurious claw foot tubs that provide a touch of vintage elegance to the bathrooms. The backyard is a paradise for nature enthusiasts, adorned with peach, cherry, jujube, grape, plum, persimmon, and bush cherry trees, offering a variety of delicious fruits. As a bonus, the property features a 2000-gallon rainwater cistern, perfect for eco-conscious individuals looking to conserve water. With its historical charm, ample space, workshop, and lush backyard, this Victorian farm house is an enchanting oasis for those seeking a tranquil and unique living experience. Another plus, this property is 15 feet outside of the Historic District!

Investor Tools

Property Icon
$666,000
Estimated Property Value
$0Estimated Mortgage Balance
$666,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,996 /month
Positive
Cash Flow Estimate:
$1,332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,695
$534,330
2025
$91,760
$442,570
$534,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,695
$534,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$666,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
3.0%

City: San Marcos

118 S Mitchell St | Property Details | No Agent List