114-116 Hughson CT

San Marcos,TX 78666

$ 400000

0 Bed

0 Bath

2578 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,578 sqft

Price per Sqft $155

Subdivision Hughson Heights Ii

MLS Listing ID 1810106

Year Built 1984

Annual Tax Amount $7,653

Tax Year 2023

Lot Size 0.448 Acres

Property Description

This duplex is a fantastic investment opportunity, located just a short distance from Texas State University. The property offers significant potential but needs some TLC to bring it up to its full value. The property features 2 units with 3 bedrooms and 2 baths, a 1 car garage and 2 story layout. A large back yard full of mature trees that provide plenty of shade and charm. With its prime location, this duplex is perfect for investors looking to capitalize on the demand for housing near the university. Whether you're looking to renovate for resale or rent, this property offers promising return on investment as the duplex has been continuously rented for the past 23 years! Recent repairs include: plumbing on both sides are improved with new pipes bypassing the existing pipes in the slab. New A/C units on both sides with the 114 side now has a filter system that only needs a new filter once a year. Both systems are on a maintenance schedule and annual inspections. Ask about Zero down payment and No PMI through the H.O.P.E. Loan program or the Debt Service Coverage Ratio!! Both great loan options for this property!!

Location

State TX

County Hays

Interior

Heating Electric

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Carpet,Laminate,Tile

Fireplaces Number 2

Fireplaces Type Living Room,Wood Burning

Exterior

Exterior Feature Gutters Partial

Garage Spaces 2.0

Fence None

Pool None

Community Features None

Utilities Available Cable Connected,Electricity Available,Sewer Connected,Water Connected

Waterfront No

Waterfront Description None

View None

Roof Type Composition

Building

Lot Description Cul-De-Sac,Trees-Medium (20 Ft - 40 Ft)

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Crockett

Middle Schools Miller

High Schools San Marcos

School District San Marcos Isd

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition Standard

Pets Description All

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