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$216,000

506 W San Antonio ST 205, San Marcos, TX, 78666

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,063 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$203.2 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market List

About this property

This updated 2bed/2bath Condo is a wonderful opportunity to live in the best location San Marcos has to offer. It is located in a lush and peaceful neighborhood that is easily walkable to Downtown San Marcos, Texas State University, and H-E-B. The beautiful San Marcos river is just under 1 mile away, and I-35 is easily accessible if you commute. The condo features an updated kitchen and bathrooms, a jacuzzi tub, an oversized private balcony, two sets of stairs with shared patios in the front and back of the unit, a loft in the primary bedroom, a new roof completed by property management in 2020, a new water heater installed in 2021, plentiful shelving in the closets, and a shared storage shed on the property. A fresh coat of white paint in the living room, dining room, and bedrooms allows you to design your own color palette, or leave as is for a crisp bright environment. The monthly $220 HOA fee covers water, and any upkeep of the complex. Two parking spaces are allotted per unit (One designated to each condo and the other in the shared area). The community in this complex is wonderful with very little resident turnover, and attentive care by the property management company. The previous owner lived in the unit for 10 years. Now it is your turn to start living your best SMTX life! Don’t miss this opportunity.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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506 W San Antonio ST 205 | Property Details | No Agent List