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$632,000

NAL Estimated Property Value

702 Bracewood Cir, San Marcos, TX, 78666

Off MarketInfo
Baths0 Bath
Baths3,228 Sq Ft
price_per_sqft$165.74 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Oven, Refrigerator
FlooringSee Remarks

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size9,004 sqft

Building Information

Stories2
Roof Type105

Land Information

APNR21935
Lot Number28
SubdivisionBracewood Subd
Land UseResidential
Legal DescriptionBRACEWOOD SUBD, LOT 28, ACRES 0.2067 TAX CODES:SSM,WEU,WUS
Census Tract010601
Assessed Land Value$82,890
Assessed Improvement Value$387,492
Assessment Year2025

About this property

Attention Investors!!! Need a 1031 exchange? Are you a first-time investor? Here's your chance to start building your investment portfolio with this 4 PLEX. 2 Bedroom/1 Bath each, with a fireplace (in each unit) and W/D hookups (in each unit). 100 percent occupied, one being month to month, so it could be owner occupied! Unit A has been recently updated. Fenced backyard and balconies provide a private outdoor space for all units. Solid rental history, making it a great investment opportunity. Located in a peaceful neighborhood with easy access to local amenities, schools, and transportation. Super close to I-35, Bobcat Stadium, the thriving downtown district, and only 7 mins from Texas State University, which makes this property a PRIME location. Jump on this NOW!

Investor Tools

Property Icon
$632,000
Estimated Property Value
$449,592Estimated Mortgage Balance
$183,101Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,792 /month
Positive
Cash Flow Estimate:
$1,264 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$967/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,448
$470,382
2025
$82,890
$387,492
$470,382
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,448
$470,382

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fred Wigginton Etal
Commercial
$459,055
No
First
Feb 14, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,592
$234,408
34%
71%
$2,753/mo

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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702 Bracewood Cir | Property Details | No Agent List