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$464,100

NAL Estimated Property Value

2283 Schwab Road, Marion, TX, 78124

$603,330 ARVInfo
Off MarketInfo
Beds8 Beds
Baths4 Bath
Baths3,856 Sq Ft
price_per_sqft$103.22 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Multiple Water Heaters, Refrigerator, Water Softener Owned
FlooringLinoleum, Tile, Vinyl

Exterior

Exterior FeaturesDeck, Dog Run, Porch, Patio, Storage
Lot Size1.41 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces3

Land Information

APN2G-0241-0000-02811-000
SubdivisionMurphy James
Land UseResidential
Legal DescriptionABS: 241 SUR: JAMES MURPHY 1.4100 AC. MH=NTA2000389/390
Census Tract210804
Assessed Land Value$172,236
Assessed Improvement Value$291,864
Assessment Year2025

About this property

This unique property features two 4-bedroom homes on a 1.4-acre tract in Marion, ideal for multi-generational living or generating rental income. Located in the well-regarded Marion ISD, it’s a rare find! The 1712 SF main home (built 1985, renovated 2020) boasts a split-bedroom layout that provides master bedroom privacy, with a primary suite featuring a glass walk-in shower. Three additional bedrooms and a full bath are located on the opposite side of the home. Modern upgrades include ADT security, Trane A/C, Culligan water softener, black stainless appliances, and GE front-load washer/dryer that convey. Roof Replaced in June of 2026 The second unit is a spacious 2,176 SF manufactured home (built 2021) with 4 bedrooms and 2 baths. Highlights include an oversized primary suite with double vanity, soaking tub, and walk-in closet, plus a second living area, laundry room, water filtration system, and quality stucco skirting. Appliances (oven, fridge, washer/dryer) convey. Each home has independent water and electric meters. An OSSF compliant 2000 gallon aerobic septic system is designed and permitted for the combined property (design specs and records are available). Enjoy country living with cross fencing, drive-through gates, 2 goat shelters, large chicken coop with run, flex-base gravel driveway (2022), and a new 30x30 metal shop with porch, perfect for a workshop, storage, or hobby space. Just 30 minutes from San Antonio with easy I-10 access and minutes to Seguin, McQueeney, and Marion. This setup doesn’t come along often. Schedule your showing today and see everything this one-of-a kind property has to offer!

Investor Tools

Property Icon
$464,100
Estimated Property Value
$169,566Estimated Mortgage Balance
$294,534Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$517,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,785 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,598
$464,100
2025
$172,236
$291,864
$464,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,598
$464,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$191,250
No
First
Jul 2, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,566
$294,534
63%
37%
$1,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,987/mo
$1,147/mo
+$840/mo
5.1%

City: Marion

2283 Schwab Road | Property Details | No Agent List