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$244,000

NAL Estimated Property Value

125 Switchgrass St, San Marcos, TX, 78666

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.59 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Yard
Lot Size3,964 sqft

Building Information

Year Built2019
Stories1
Roof Type105

Land Information

APNR162945
Lot Number21
SubdivisionTrace Sub Sec A Pa 1a Phase A-2
Land UseResidential
Legal DescriptionTRACE SUB SEC A PA 1A PHASE A-2, BLOCK I, LOT 21, ACRES 0.091 TAX CODES:SSM,YCI,PSMT
Census Tract010402
Assessed Land Value$66,380
Assessed Improvement Value$177,590
Assessment Year2025

About this property

Welcome home to your Adorable 2bd/2.5 bath home in the great community of Trace located minutes from shopping. Home is located right across from community park area so view from balcony is perfect for relaxation. Front porch greets you as you walk into the living room that opens to the kitchen. Spacious breakfast area off the kitchen with a big window taking in the view of the back yard and also allowing a lot of natural light. Stainless steel appliances and granite counters. Oversized peninsula island has plenty of room for barstools for more seating. Half bathroom downstairs next to laundry room. Upstairs you will find the primary bedroom with a stand up shower and walk in closet. Secondary bedroom across the hall with a full bathroom. Balcony off the hallway is perfect for taking in morning sunrises or afternoon breezes. Schools close by, outlet mall minutes away and tucked away right off I35 so perfect for commuters to Austin, NB or San Antonio. Priced to sell.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$225,624Estimated Mortgage Balance
$18,770Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,865
$243,970
2025
$66,380
$177,590
$243,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,865
$243,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$240,000
No
First
Jan 30, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,624
$19,376
7%
92%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,282/mo
$1,509/mo
$-227/mo
6.3%

City: San Marcos

125 Switchgrass St | Property Details | No Agent List