$296,000
NAL Estimated Property Value1422 N Lbj Dr, San Marcos, TX, 78666
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Range, Disposal, Refrigerator
FlooringTile, Vinyl
Exterior
Exterior FeaturesExterior Steps, Private Yard, Rain Gutters
Building Information
Year Built1980
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR27075
Lot Number2
SubdivisionElm Hill Sec 1
Land UseResidential
Legal DescriptionELM HILL SEC 1, LOT 2 TAX CODES:SSM,WEU,WUS
Census Tract010703
Assessed Land Value$44,180
Assessed Improvement Value$216,810
Assessment Year2025
About this property
The location of this property, along with it's good condition, makes this an amazing home for Tx State staff and/or students alike. Leave the car at home as this single family home, sitting on a nice corner lot, affords buyer the opportunity to walk down the hill to campus past many restaurants and coffee shops. Also on the Tx State bus route. Privacy fenced backyard with covered deck/patio for shaded summer evenings.
Investor Tools
$296,000
Estimated Property Value
$192,279Estimated Mortgage Balance
$103,721Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,224
$260,990
2025
$44,180
$216,810
$260,990
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,224
$260,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$213,000
No
First
Apr 15, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,279
$93,721
32%
65%
$1,278/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,278/mo
+$362/mo
6.6%
