1321 Harris Hill Road, San Marcos

$1,200,000

0 Baths
10,760 Sqft
2.44 Acres

The property, 2.438 acres is improved with a total of 14 rental units: 2 duplexes, 3 manufactured homes and 7residential structures. There is also a barn for storage or rental Current income for 11/2020 thru 10/2021 was$127,940.25 with expenses of $28,049 for an NOI of $99,440.89. The owner owns free and clear and is self insured. Allocating $11,000 for insurance estimated annual cap rate is approximately 7.37%. There are six water meters and some water is submetered. Permits are available for 12 OSSF systems. 7 of the properties are located in the FEMA 100Yr Flood Plain, only 5 have flooded. Elevation Certificates available with current survey. The property is professionally managed in San Marcos.

Essential Information
MLS® #457220
Price$1,200,000
Bathrooms0.00
Square Footage10,760
Acres2.44
Year Built1980
TypeResidential
Sub-TypeApartment
StyleTraditional
StatusPending
Community Information
Address1321 Harris Hill Road
CitySan Marcos
CountyHays
StateTX
Zip Code78666
Utilities

Electricity Available, Other, See Remarks

Interior
InteriorCarpet, Vinyl
AppliancesMicrowave, Other, See Remarks
HeatingOther, See Remarks
FireplacesNone
# of Stories1
StoriesOne
Exterior
Lot DescriptionSurvey attached
RoofComposition, Metal, Shingle
FoundationPillar/Post/Pier
Construction

Frame, Metal Siding, Vinyl Siding

School Information
DistrictSan Marcos Cisd

Listing Details
OfficeTexias, LLC
Property History
Status Changed from Active to Pending
Status Changed from Pending to Active
Status Changed from Active to Pending

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