418 Shadowpoint, San Marcos, TX 78666

$274,900

bedrooms

bathrooms

square feet

1,628

Acreage

4.66

Open Houses

year built

2009

Full Baths

Half Baths

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Turnkey Investment in Prime San Marcos Location Fully updated and income-ready, this versatile 3-bed, 3-bath condo offers a rare dual-unit layout just minutes from Texas State University, downtown San Marcos, and I-35. With two separate entrances and full kitchens, each level functions as its own rental—perfect for maximizing cash flow in a high-demand market. Upstairs: 2 bed / 2 bath Downstairs: 1 bed / 1 bath Projected Rent: $2,600+/month Cap Rate Estimate: ~8.5% at $275,000 Tenant-Paid Utilities Recent upgrades include fresh interior paint, new carpet, updated kitchen flooring, and a new roof. The fully insulated two-car garage, private deck, and in-unit laundry add even more appeal for renters. The $193/month HOA includes structural insurance and exterior maintenance—owners pay as little as $300–$400/year in additional insurance. Community perks include a soccer field, playground, and mature trees for added curb appeal. Whether you're looking to expand your portfolio or lock in a strong performer with low overhead, 418 Shadowpoint delivers a rare blend of cash flow, convenience, and low-maintenance ownership.

Location
Subdivision	Blanco River Village Condo
County	Hays
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 564226

Listing agent: Jake O'Brien #0780463

Listing broker: Greenbelt Realty (979) 308-1385

Copyright © 2025 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:24 p.m. EDT

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