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$249,516

7063 San Marcos Highway, Prairie Lea, TX, 78661

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,418 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.04 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling

Exterior

Lot Size14,375 sqft

Building Information

Year Built1945
Stories1
Garage Spaces2

Land Information

APN0800000-241-002-70
Lot Number1,2
SubdivisionO.T. Prairie Lea
Land UseResidential
Legal DescriptionO.T. PRAIRIE LEA, BLOCK 1, LOT PT 1,2
Census Tract960502
Assessed Land Value$34,965
Assessed Improvement Value$214,551
Assessment Year2025

About this property

This home welcomes with the impression of the historic Prairie Lea small-town charm. This 3-bedroom, 2-bathroom home features a metal roof, laminate flooring, electric appliances including a range, water heater, & washer/dryer hook ups. When it's time for some fresh air, you'll enjoy your time outside in your large privately fenced back yard. This home is located .2 miles from Prairie Lea High School, 4 Miles from 130 Toll, 7 Miles from Lulling, & 16 miles from San Marcos.

Investor Tools

Property Icon
$249,516
Estimated Property Value
$0Estimated Mortgage Balance
$60,194Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,270
$249,516
2025
$34,965
$214,551
$249,516
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,270
$249,516

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Visio Financial Services Inc
Conventional
$200,000
No
First
May 8, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,322
$60,194
24%
76%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,200/mo
+$426/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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: Prairie Lea

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7063 San Marcos Highway | Property Details | No Agent List