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$199,900

1202 Thorpe Lane 701, San Marcos, TX, 78666

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,036 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$192.95 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Dishwasher, Electric Range, Refrigerator, Washer, Microwave
FlooringTile, Vinyl

Building Information

Year Built2005
Stories1

Land Information

APNR46702
SubdivisionVillage At Springtown Condos
Land UseResidential
Legal DescriptionVILLAGE AT SPRINGTOWN CONDOS NO 213 BLDG B GEO#90213332 TAX CODES:SSM,WEU,WUS
Census Tract010307
Assessed Land Value$39,310
Assessed Improvement Value$160,650
Assessment Year2025

About this property

Rare ground-floor opportunity at Village at Springtown Condos. This two-bedroom, two-bath condo is one of only two units in the complex with a private patio that opens directly to the community pool. Three patio doors create easy indoor-outdoor access, making it perfect for relaxing by the pool or hosting casual gatherings with friends. The condo has been recently remodeled with luxury plank flooring and warm butcher block countertops. A washer and dryer are conveniently located in the unit and will convey. Ideally located near grocery stores, dining, shopping, and the movie theatre, the property is also on the Texas State University shuttle route, making it a convenient option for students, faculty, or anyone wanting quick access to campus and the heart of San Marcos. Sellers are very motivated and will consider all reasonable offers.

Investor Tools

Property Icon
$199,960
Estimated Property Value
$0Estimated Mortgage Balance
$199,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Jodi Adams

The Damron Group REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
$276/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,474
$199,960
2025
$39,310
$160,650
$199,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,474
$199,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,960
100%
0%
$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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1202 Thorpe Lane 701 | Property Details | No Agent List