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$405,000

1206/1204 Furman Ave, San Marcos, TX, 78666

Off MarketInfo
Baths0 Bath
Baths1,970 Sq Ft
DuplexDuplex
price_per_sqft$228.43 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1998
Stories1
Roof Type105

Land Information

APNR47527
Lot Number5
SubdivisionWestover
Land UseResidential
Legal DescriptionWESTOVER, BLOCK 17 (RESUBD), LOT 5 TAX CODES:SSM,WEU,WUS
Census Tract010601
Assessed Land Value$68,180
Assessed Improvement Value$218,887
Assessment Year2025

About this property

Prime Location Duplex in a quiet neighborhood just minutes from TX State and IH-35. This property has been very well maintained by conscientious owners. I do not think you will find a nicer duplex in San Marcos! Both units are 2/2 with walk-in closet in primary bedrooms, washer/dryer closets in each unit, well sized open kitchen/living/dining area, and back decks. On 1/3 acre, each unit has a large fully fenced back yard. One side is leased until August 2023, and the other unit is currently occupied and will be listed for lease, to begin August 1, 2022. If you wish to owner occupy this unit, please get your offers in quickly. This is a prime property and will not be on the market long.

Investor Tools

Property Icon
$405,000
Estimated Property Value
$0Estimated Mortgage Balance
$125,913Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,568
$287,067
2025
$68,180
$218,887
$287,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,568
$287,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trusttexas Bank Ssb
Conventional
$299,500
No
First
Aug 22, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,087
$125,913
31%
69%
$1,796/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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1206/1204 Furman Ave | Property Details | No Agent List