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$369,043

224 Shugart St, San Marcos, TX, 78666

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,055 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,273 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR187934
Lot Number7
SubdivisionTrace Subdivision Pa 1b Section C
Land UseResidential
Legal DescriptionTRACE SUBDIVISION PA 1B SECTION C, BLOCK K, LOT 7, ACRES 0.144 TAX CODES:SSM,YCI,PSMT
Census Tract010402
Assessed Land Value$66,380
Assessed Improvement Value$302,663
Assessment Year2025

About this property

Trace Community in San Marcos! Located close to IH-35 convenient to Austin and San Antonio. San Marcos Outlet Mall is close. Never lived in, one story with approximately 2055 Sq. Ft. built by Brohn. Versatile floor plan with tall ceilings throughout. There is a large study, 3 bedrooms, a teen retreat, and a large open living area. The kitchen offers an abundance of cabinetry, and stainless appliances including a gas range, microwave, dishwasher, disposal, and refrigerator. Private primary bedroom with bay window, ceiling fan, en-suite bath includes a dual vanity, walk-in shower with raised head, soaking tub, water closet, and nice walk-in closet. None of the bedrooms share walls, great for privacy. The secondary bathroom is spacious and features dual sinks, quartz countertops, tiled shower surround that extends to the ceiling. There is tile throughout the main living, kitchen, and wet areas with carpet in the bedrooms, study, and retreat space. There are ceiling fans in all rooms, blinds throughout, a front-load washer and dryer, and a garage door opener. There is a nice-sized covered front porch as well as a generous covered back patio with a gas grill connection available. A wood privacy fence encloses the backyard and there is no back neighbor. A full sprinkler system for easy yard maintenance. There is a community park and pool in the neighborhood as well as an elementary school.

Investor Tools

Property Icon
$369,043
Estimated Property Value
$190,770Estimated Mortgage Balance
$188,076Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$65/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,328
$369,043
2025
$66,380
$302,663
$369,043
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,328
$369,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$190,770
No
First
Dec 30, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,228
$187,815
50%
49%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,987/mo
$1,119/mo
+$868/mo
6.5%

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.

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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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224 Shugart St | Property Details | No Agent List