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$230,000

800 Barbara Dr, San Marcos, TX, 78666

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.58 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Dishwasher, Refrigerator, Range Hood, Washer
FlooringLaminate, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size11,375 sqft

Building Information

Year Built2023
Stories1
Roof Type112

Land Information

APNR29595
Lot Number1
SubdivisionGreendale Addn Unit No 1
Land UseResidential
Legal DescriptionGREENDALE #1 69-104 LOT 1 BLK 7 GEO#340840743490 TAX CODES:SSM,WEU,WUS,TSM1,THC1
Census Tract010302
Assessed Land Value$56,030
Assessed Improvement Value$194,505
Assessment Year2025

About this property

As you step inside, you’ll immediately appreciate the inviting layout, wood-look flooring, natural light, updated kitchen, comfortable bedrooms, and practical living spaces. Continue outside to discover mature trees and a private setting offering room to relax or entertain. Best of all, this property is already occupied by tenants, presenting an excellent opportunity for investors seeking an income-producing asset with an established rental history. Located in Blanco Gardens, the home offers convenient access to I-35, shopping, dining, outdoor recreation, and Downtown San Marcos. Texas State University is approximately 10 minutes away, adding strong appeal for students, faculty, and rental demand. Blanco Gardens is about a mile from Downtown and close to both the Blanco and San Marcos Rivers.

Investor Tools

$184,350Estimated Mortgage Balance
$64,482Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,493 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Gisselle Alvarado-Martinez

Realty of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,142
$248,832
2025
$56,030
$194,505
$250,535
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,142
$248,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexus Series B Llc
Open End Mortgage / Open End With Future Advance Clause
$200,000
No
First
Jun 8, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,350
$64,482
25%
74%
$1,200/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.

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

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800 Barbara Dr | Property Details | No Agent List