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: $3,400,000
Price Per SqFt: $306/SqFt
Tax Information:
Annual Amount: $22,490
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Marcos, TX.
Last updated on: 12/22/2024, 5:16:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17K
Per Month
Principal & Interest
$16.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.2K
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Crockett Elementary School
1300 Girard St
Distance between this listing and this school1.18 miles
Public District Grades KG-5
3
/10
Travis Elementary School
1437 Post Rd
Distance between this listing and this school1.55 miles
Public District Grades KG-5
5
/10
Mendez Elementary School
1805 Peter Garza Dr
Distance between this listing and this school1.63 miles
Public District Grades KG-5
Nearby Schools
2
/10
Goodnight Middle School
1301 N State Highway 123
Distance between this listing and this school1.60 miles
Public District Grades 6-8
2
/10
Miller Middle School
301 Foxtail Run
Distance between this listing and this school2.35 miles
Public District Grades 6-8
3
/10
Simon Middle School
3839 E FM 150
Distance between this listing and this school8.15 miles
Public District Grades 6-8
Nearby Schools
1
/10
Ki Charter Academy
120 Bert Brown St
Distance between this listing and this school1.46 miles
Public Charter Grades 1-12
3
/10
San Marcos High School
2601 Rattler Rd
Distance between this listing and this school4.07 miles
Public District Grades 9-12
4
/10
Lehman High School
1700 Lehman Rd
Distance between this listing and this school9.72 miles
The neighbors living near this home have an average income of $13,225. The majority of San Marcos, TX residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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 $3,400,000.
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.
Interested in 140 S Fredericksburg St? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 $3,400,000.
In November 2024, from all listings sold in San Marcos, TX there were more than 4 sold above asking price, over 35 sold below and more than 6 were sold right at the asked price. The number of homes for sale in San Marcos, TX increased by 5.8% between October 2024 and November 2024. Listings spent 109 days on the market in November 2024, and had a median list price of $350,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Data 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.
NBA/WNBA
NBA/WNBA
Pro Wrestling
Soccer
Express/Express For Men
Wal-Mart
Forever 21
Starbucks
Sonic
Dominos Pizza
Pontiac
Oldsmobile
Mazda
Urban Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits