136/140 South Fredericksburg Street

San Marcos, TX 78666

$3,600,000
Price
Beds
11,124 Sq. Ft.
$324 / Sq. Ft.
11,124
Sq. Ft.
$324
per Sq. Ft.

Description

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...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.
  1. Listed by Michael Nolen • TREC #0621420 • McNabb & Company Real Estate S • (512) 667-9129

Property Details for 136/140 South Fredericksburg Street

Subdivision Name
Original Town Of San Marcos
Building Name
R Squared
Waterfront
No
Parcel Number
1175001600002003
Tax Lot
2
Tax Block
16
Master on Main
No
Year Built Source
Owner

Location

Listing Courtesy of McNabb & Company Real Estate S, Michael Nolen, TREC #0621420
Add your commute
LISTING UPDATED: 04/22/2024 10:01 AM

Property Details for 136/140 South Fredericksburg Street

StatusActive
MLS #5503648
Days on Market11
Taxes$42,203 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built2020
Lot Size0.30 AC / 13,068 SF
CountyHays County

Location

Listing Courtesy of McNabb & Company Real Estate S, Michael Nolen, TREC #0621420
Add your commute

Building Information for 136/140 South Fredericksburg Street

Stories3Residences-Year Built2020Lot Size0.30 AC / 13,068 SF

Payment Calculator

$23,164 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,647

Property Taxes

$3,517

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 136/140 South Fredericksburg Street

General Information
Parking
  • Parking Total: 16
  • Parking Features: Alley Access, On Site, Parking Lot, Unpaved
Interior
  • Stories Total: 3
  • Flooring: Vinyl
  • Restrictions: See Remarks
Exterior
  • New Construction: No
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Accessibility Features: See Remarks
Property Information
Lot Information
  • Lot Size Source: Public Records
  • Road Surface Type: Asphalt
  • Zoning: CD-5D
  • Current Use: Residential
  • Horse: No
Location Information
  • Leasable Area: 11124.0
  • Builder Name: Woods and Thomason Construction
  • Building Features: Appliances, No Loading, See Remarks
  • Number Of Buildings: 2
  • Building Area Total: 11,124.00
  • Building Area Source: See Remarks
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Electric
  • Heating YN: Yes
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, See Remarks, Water Connected
  • Water Source: Public
Green Features
  • Green Energy Efficient: See Remarks
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $2,218,873
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.90%
Showing Information
Showing Information
  • Security Features: Fire Sprinkler System, See Remarks
  • 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.

Property History for 136/140 South Fredericksburg Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 136/140 South Fredericksburg Street

Taxable ValueLand$260,960Additions$1,957,913Total$2,218,873
Tax Record2018$4,735 ($395 / month)
Home Facts
Total Finished SqFt640 SqFtAbove Grade Finished SqFt640 SqFtStories1Lot Size13,193 SqFtStyleMulti-Family Dwelling (2-4)Year Built2019CountyHAYSAPNR41580

Schools near 136/140 South Fredericksburg Street

This home is within San Marcos Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Hernandez Elementary School
PublicK to 5

Miller Middle School
Public6 to 8

San Marcos High School
Public9 to 12

New Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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136/140 South Fredericksburg Street is for sale in San Marcos, TX 78666. This property was listed for sale on April 22, 2024 by McNabb & Company Real Estate S, it's currently listed at $3,600,000. It has been on the market for a total of 11 days and was last sold on January 23, 2015. This listing's school district is San Marcos Consolidated Independent School District. Nearby schools include Hernandez Elementary School, Miller Middle School and San Marcos High School. 136/140 South Fredericksburg Street is a 0-bed, 0-bath, 11,124 sqft built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McNabb & Company Real Estate S, Michael Nolen, TREC #0621420

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.