1. Texas
  2. San Marcos
  3. 324 Craddock
$439,000

324 Craddock, San Marcos, TX 78666

  • 2,428 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $181/sqft
  • Property List Date Icon Listed 3 months ago

Property 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.

Listing Status:
Active
Date Added:
April 23, 2025 at 05:00AM
Listing Office:
Greenbelt Realty : (979) 308-1385
Listing Agent:
Sarah McDaniel : (979) 308-1385
MLS ID:
1860690
  • Flooring: CarpetingCeramic Tile
  • A/C: Two Central
  • Heating: CentralElectric

This listing courtesy of Sarah McDaniel, Greenbelt Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Crockett Elementary School

1300 Girard St, San Marcos, TX, 78666

Grades KG-5

0.86 miles away

M

Miller Middle School

, San Marcos, TX, 78666

Grades 6-8

2.23 miles away

S

San Marcos High School

2601 Rattler Rd, San Marcos, TX, 78666

Grades 9-12

5.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.