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$247,850

720 Morningwood Dr, San Marcos, TX, 78666

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,920 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$72.86 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Oven
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1.00 acres

Building Information

Year Built2001
Stories1

Land Information

APNR93970
Lot Number156
SubdivisionMorningwood Sec 3
Land UseResidential
Legal DescriptionMORNINGWOOD SEC 3, LOT 156, SERIAL # HOTX09911058A, TITLE # CARE, LABEL # NTA1108325, ACRES 1.004 TAX CODES:SSM,WEU,WUS,EHA
Census Tract010704
Assessed Land Value$113,280
Assessed Improvement Value$134,570
Assessment Year2025

About this property

Hill Country Living! Double Wide Manufactured home on an acre in the San Marcos Hill Country, located in the Morningwood Subdivision. Very spacious 3 bedroom home, Large Bedrooms, fresh paint, new flooring, New Heating and AC replaced September of 2018. Seller will finance with $10,000 down. See agent for complete details on Seller Financing.Restrictions: Yes

Investor Tools

Property Icon
$247,850
Estimated Property Value
$87,000Estimated Mortgage Balance
$186,456Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,487 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,757
$247,850
2025
$113,280
$134,570
$247,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,757
$247,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Mortgage Capital Corp
Unknown
$87,000
No
First
May 14, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,394
$186,456
75%
25%
$0/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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720 Morningwood Dr | Property Details | No Agent List