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$223,870

NAL Estimated Property Value

1202 Thorpe LN 405, San Marcos, TX, 78666

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,091 Sq Ft
price_per_sqft$128.32 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2005
Stories1

Land Information

APNR46722
Lot Number405
SubdivisionVillage At Springtown Condos
Land UseCondominiums
Legal DescriptionVILLAGE AT SPRINGTOWN CONDOS NO 405 BLDG D GEO#90213353 TAX CODES:SSM,WEU,WUS
Census Tract010307
Assessed Land Value$39,310
Assessed Improvement Value$184,560
Assessment Year2025

About this property

Lovely 2 bedroom, 2 bathroom condo located close to TX State campus! Walking distance to Office Depot, The Spot, HEB, TX State Stadium, San Marcos River, and so much more! Surrounded by mature trees that provide an abundance of shade. Nice and private patio area. This condo contains a fireplace and kitchen opens to living area. Super spacious almost 1100 sq ft!. Also this unit is first floor entry and has it own parking space. You don't want to miss this!Restrictions: Yes

Investor Tools

Property Icon
$223,870
Estimated Property Value
$111,505Estimated Mortgage Balance
$112,365Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,343 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
$216/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,437
$223,870
2025
$39,310
$184,560
$223,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,437
$223,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sage Capital Bank Na
Unknown
$125,000
No
First
Oct 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,505
$112,365
50%
50%
$750/mo

City: San Marcos

1202 Thorpe LN 405 | Property Details | No Agent List