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$490,000

NAL Estimated Property Value

309 Lamar Ave, San Marcos, TX, 78666

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,295 Sq Ft
price_per_sqft$119.83 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Free-Standing Range
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesNone

Building Information

Year Built1965
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR43370
Lot Number2
SubdivisionSpring Lake Hills #4
Land UseResidential
Legal DescriptionSPRING LAKE HILLS #4, BLOCK 10, LOT 2 TAX CODES:SSM,WEU,WUS
Census Tract010703
Assessed Land Value$75,110
Assessed Improvement Value$370,710
Assessment Year2025

About this property

Spring Lake Hills Estate neighborhood above Aquarina Springs just off of W. Mimosa Circle! This old girl needs updating but she is sturdy & in good shape, 2-story home has master down, living room with dining, den with rocked gas fireplace with faux logs, utility room, covered back patio that looks out over a scenic & private backyard which overlooks a large lot with windmill & cistern on the residence next door - makes you feel like you are on a ranch!Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$490,000
Estimated Property Value
$226,806Estimated Mortgage Balance
$263,194Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,493
$425,731
2025
$75,110
$370,710
$445,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,493
$425,731

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank America Fsb
Conventional
$261,250
No
First
Sep 17, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,806
$258,194
53%
46%
$1,567/mo

City: San Marcos

309 Lamar Ave | Property Details | No Agent List