Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$549,000

505 Park Pl, San Marcos, TX, 78666

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,494 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.46 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool

Building Information

Year Built1980
Stories2

Land Information

APNR37809
Lot Number5
SubdivisionPark Place
Land UseResidential
Legal DescriptionPARK PLACE, LOT 5 & PT OF 6 TAX CODES:SSM,WEU,WUS
Census Tract010601
Assessed Land Value$98,760
Assessed Improvement Value$294,351
Assessment Year2025

About this property

You can see the TxState water tower from the Upstairs Balcony!! Just a block away from the campus on a cul-de-sac street. Perfect for investment or a family, this is a rare opportunity to purchase a home with an additional lot. Two large living areas with brick, wood burning fireplace. Sunroom is all pine, with vaulted ceiling and skylights. Relax in the Cedar Hot Tub Cabana or up on the Master Bedroom Balcony. The second lot is .27 of an acre, and surveyed separately.Restrictions: Yes

Investor Tools

Property Icon
$549,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$484,195Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,511
$393,111
2025
$98,760
$294,351
$393,111
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,511
$393,111

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$100,000
No
First
Jun 27, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,065
$373,935
85%
12%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...