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Property profile & analytics
OFF-MARKET
Land

414 Henk Ln San Marcos, TX 78666

5,238 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 5+ acre property in San Marcos, Texas, located just off Highway 123. The property boasts a diverse mix of rental units, including a five-year-old triplex featuring three 1,050 sq ft units, each with a metal roof, slab foundation, front porch, and central air conditioning. Additionally, there's a duplex with one 3-bedroom, 2.5-bath unit and one 2-bedroom, 1-bath unit, both equipped with front porches. A mobile home with two bedrooms and two bathrooms completes the rental portfolio, generating a total of six income streams. The property is partially fenced, features a pond, and offers ample space for livestock. Mature oak trees enhance the landscape's beauty. The property is situated in a location with no restrictions, presenting significant potential for expansion and increased income generation. With a total square footage of 5,238, this multifamily property is listed at $998,000 and offers a compelling return on investment for discerning buyers seeking a portfolio addition in a desirable Texas location. The property's combination of existing income and expansion potential makes it an attractive opportunity for growth and diversification.

Property profile
Verified
Property type Land
Total area 5,238 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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