10 days on rocket

140 S Fredericksburg St, San Marcos, TX, 78666

$3,500,000

0 Baths
11,124 SqFt
$315/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Year Built2020
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FireplaceNone
ViewOther, River
MLS #536952
Lot Size0.30 Acres
StatusActive

About 140 S Fredericksburg St

Nestled in the heart of the vibrant San Marcos community, this multifamily rental property presents an exceptional opportunity for seasoned investors and newcomers alike. With its prime location, modern amenities, attractive features and year built of 2019, "R Squared" offers the perfect blend of comfort, convenience, and investment potential. Each unit is thoughtfully designed to provide residents with a comfortable and contemporary living experience. From spacious floor plans to stainless kitchen appliances and stylish finishes, tenants will feel right at home in these inviting spaces. Situated in the San Marcos downtown area, this property enjoys proximity to major attractions, educational institutions such as Texas State University, bustling shopping centers, and recreational hotspots. Whether you're targeting young professionals, students, or families, the diverse range of unit sizes caters to various tenant preferences, ensuring high occupancy rates and steady cash flow.

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Living Area: 11,124 SqFt

Listing Office:

  • Office Name: McNabb & Company Real Estate S
  • Office Phone: (512) 667-9129
  • Listing Agent: Michael Nolen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator, Microwave, Range
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • View: Other, River
  • Exterior: None, Other, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: From I35, Exit 204B, turn righ onto S LBJ Dr, left on Martin Luther King Dr, Right on Feltner Alley, right into crushed granite parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $315/SqFt

Tax Information:

  • Annual Amount: $22,490
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Marcos, TX.

Med. Sold Price

$350.8K

Med. Price/SqFt

$200

Avg. Days On Market

80

# of Sold Homes

64

140 S Fredericksburg St vs San Marcos

10 DAYS ON ROCKET

-70 Days

$3,500,000

+$3.1M More

$315/SqFt

+$115 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $115/SqFt more than other homes in San Marcos, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CentralTexas
  • MLS Number: #536952

Listing Office:

  • Office Name: McNabb & Company Real Estate S
  • Office Phone: (512) 667-9129
  • Listing Agent: Michael Nolen

IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/22/2024, 6:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$22,490$1,521,930
2020$22,490$1,020,380
2019$4,839$205,820
2018$4,735$192,350
2017$5,314$192,350

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-544991
6
/10
  • Crockett Elementary School

  • 1300 Girard St

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-544992
3
/10
  • Travis Elementary School

  • 1437 Post Rd

  • 1.55 miles

  • Public District Grades KG-5

school-card-donut-544993
5
/10
  • Mendez Elementary School

  • 1805 Peter Garza Dr

  • 1.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,225. Most San Marcos, TX residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 140 S Fredericksburg St

What is the listing price of this property?

The listing price of 140 S Fredericksburg St property is $3,500,000.

What type of property is this?

The property 140 S Fredericksburg St is a condo located in San Marcos, Texas, 78666.

Is this property for sale now?

Active Listing: 140 S Fredericksburg St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,490 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 140 S Fredericksburg St is 11,124 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 140 S Fredericksburg St is 2020.
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Rocket HomesTexasHays CountySan Marcos78666140 S Fredericksburg St

This home is located at 140 S Fredericksburg St in San Marcos, TX and zip code 78666 in the Dunbar neighborhood. This 11,124 square foot home, which was built in 2020, sits on a 0.30 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $3,500,000.

San Marcos, TX housing market in October 2024 saw over 5 listings sold above listed price, more than 18 sold at listed price and over 41 sold below. Between September 2024 and October 2024, San Marcos, TX real estate market has seen increase in the number of listings by 8.6%. In October 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $350,885.

From Rocket Homes Real Estate and based on county public records data.

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