324 Craddock Avenue
San Marcos, TX 78666
2428 sqft | 0.34 acres | #576774
Description
Fully Leased Duplex | 10.5% Cap Rate | $3,850/Month in Rental Income
Located directly across from the Texas State bus route and just minutes from downtown and campus, this property is ideally positioned for strong, consistent rental demand.
Unit A (3 bed + office / 2 bath): Currently leased at $2,400/month through next Summer.
Unit B (2 bed / 1 bath): Recently leased at $1,450/month, also through next Summer.
With updated interiors and a well-maintained exterior, there’s nothing left to do—just collect rent and enjoy immediate returns.
No HOA. Strong rental history. High occupancy area.
Perfect for investors looking to expand their portfolio with a cash-flowing asset in a prime university market.
Property Details
- InteriorHomeOffice, PullDownAtticStairs, TubShower, EatInKitchen
- Utility FeaturesElectricityAvailable, TrashCollectionPublic
- Exterior MaterialsDeck, Porch, PrivateYard
- SubdivisionHughson Heights I
- School DistrictSan Marcos Cisd
- StyleTraditional
- Sewer InformationPublicSewer
- Property TypePurchase
- Original List Price$498,000
- Acres0.3405
- MLS #576774
- Cost439000
- Property SubtypeDuplex
- MLS #576774
- Square Feet2428
- Year Built1969
- CountyHays
Location
Legal
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Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: Jake O'Brien (#FRAR0780463)
Listing Office: Greenbelt Realty (#3510)
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