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$405,800

127 Nichols Dr, San Marcos, TX, 78666

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,191 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.79 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Range, Refrigerator, Electric Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

Building Information

Year Built2015
Stories1
Roof Type104

Land Information

APNR46264
SubdivisionValley View Addn
Land UseResidential
Legal DescriptionVALLEY VIEW ADDN 43-47 LOT 7 BLK 1 GEO#332600752480 TAX CODES:SSM,WEU,WUS
Census Tract010703
Assessed Land Value$79,800
Assessed Improvement Value$326,000
Assessment Year2025

About this property

Meticulously Maintained True Mid-Century. This 5/2 is nestled in an established neighborhood just 1.6 miles north of the heart of TX State University. 19 Mature Oaks in front yard! Vaulted living room with brick wood burning fireplace, backing to a wood burning stove in the dining/second living room. Large windows with excellent natural light throughout. Large bedrooms. Relaxing covered patio with gardens. Garage enclosed for 4th and 5th bedrooms. New roof in 2019. Attached storage/potting shed.Restrictions: Yes

Investor Tools

Property Icon
$405,800
Estimated Property Value
$201,250Estimated Mortgage Balance
$229,210Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,435 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,673
$405,800
2025
$79,800
$326,000
$405,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,673
$405,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$201,250
No
First
Feb 14, 2020
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,590
$229,210
56%
44%
$1,207/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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127 Nichols Dr | Property Details | No Agent List