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$287,500

Beds
3
Baths
3.0
sq ft
1,608

122 Rush Hvn, San Marcos, TX 78666

122 Rush Hvn

San Marcos, TX 78666

  • 298 days on market
    • Price drop $12,490↓
Investors - Let someone else pay the mortgage while you enjoy significant positive cash flow and build equity with your new property! This 3 bed/3 bath condo is perfect for a college rental, and additional rental income is possible for each of the parking spaces in the spacious private 2 car garage with opener. On the lower floor, there is an owners suite with its own living room and en-suite bathroom as well as patio with private entrance from garage. The upper floor has a spacious open concept living room and full kitchen with outdoor deck for enjoying an evening beverage. The kitchen has been renovated with granite countertops and the entire unit has LVP flooring allowing for care free maintenance. The other two bedrooms are on the upper floor and have coded locks for privacy. This condo is close to campus, shopping and other amenities and the community is very safe, clean and well maintained. Rooms in San Marcos Texas can rent for as much as $850/month so this is an excellent opportunity to grow your profitable rental portfolio.

Details

Property type

Condominium

Est. home value

$301,067

Lot size

4.66 acres

Price per sq ft

$179

Year built

2009

Annual property taxes

$4,643

Monthly HOA fee

$175

Price History

07/18/2024
CentralTexas

CentralTexas #533765

Price change
$287,500
-4.16%
02/29/2024
CentralTexas

CentralTexas #533765

Listed
$299,990

Schools & Community

Neighborhood: 

Blanco River North

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Playground

High school district: 

San Marcos Cisd

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$105,323
Asking price
$287,500
Closing costs (~8% of asking)
-$23,000
Est. remaining loan balance
-$159,177
Cash to seller
$105,323

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

June 2020

Original loan amount

$175,750

Est. remaining balance

$159,177

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Austin Beall Lyons and Bradley Real Lyons

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 3:20 AM

Listing updated: 11/13/2024 at 12:34 PM

Listed by: Austin Lyons, eXp Realty - Austin Phone #: (888) 519-7431

MLS: CentralTexas #533765

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