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$255,000

NAL Estimated Property Value

805 Indiana St, San Marcos, TX, 78666

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,017 Sq Ft
price_per_sqft$250.74 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDryer, Gas Range, Refrigerator, Washer
FlooringLaminate

Exterior

Exterior FeaturesPrivate Yard

Building Information

Stories1
Roof Type105
Garage Spaces1

Land Information

APNR47941
Lot Number15
SubdivisionZ Williamson #3
Land UseResidential
Legal DescriptionZ WILLIAMSON #3 LOT 15 STOKES RESUB GEO#90209061 TAX CODES:SSM,WEU,WUS
Census Tract010601
Assessed Land Value$73,630
Assessed Improvement Value$149,410
Assessment Year2025

About this property

No HOA. Large lot. Prime location. Situated on a 0.275-acre lot - nearly a third of an acre - on a street with no through traffic, this property offers space and flexibility that’s hard to find this close to Texas State University and downtown San Marcos. The front yard features mature shade trees, while the expansive backyard is fenced with wood privacy fencing on two sides and a smooth wire fence along the back - providing open views and a unique connection to the surrounding natural setting. The home offers just over 1,000 square feet with a practical layout including 3 bedrooms, 1 full bathroom, and a half bath off the primary bedroom. All rooms have new ceiling fans and an HVAC system that keeps the home comfortable every season of the year. The kitchen includes a dedicated dining space that comfortably fits a full-size table, and the living room accommodates everyday furniture with ease. A hallway laundry closet adds convenience and functionality. Additional features include a covered carport with a storage closet and a wide side gate for easy backyard access - ideal for equipment, trailers, or outdoor setup. Refrigerator, washer, and dryer convey, offering immediate move-in or rental readiness. Whether you're a first-time buyer, investor, college student, or downsizing, this property checks key boxes: price point, location, land, and flexibility. Located less than 5 minutes to Texas State and downtown San Marcos, and within 10 minutes to parks, trails, shopping, and dining. Find out how you can make this lovely home yours this summer!

Investor Tools

Property Icon
$255,000
Estimated Property Value
$227,177Estimated Mortgage Balance
$27,823Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,326
$223,040
2025
$73,630
$149,410
$223,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,326
$223,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Balor Bank
Conventional
$242,500
No
First
Dec 14, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,177
$27,823
10%
89%
$1,454/mo

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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805 Indiana St | Property Details | No Agent List