823-825 Martin Luther King Drive

San Marcos, TX 78666

$349,999
Last List Price
4
Beds
3
Baths
1,390 Sq. Ft.
$252 / Sq. Ft.
1,390
Sq. Ft.
$252
per Sq. Ft.

Description

Incredible opportunity to own a unique investment property blocks away from downtown San Marcos! Public Zoning on this lot provides incredible multi-use potential! e.g. short-term rental, Bed & Breakfast, coffee & taco spot, and more! Immediate neighbor to beautiful Dunbar Park. Two separately metered houses on one lot - #825 is approximately 600 sqft, 1 bedroom & 1 full bath, and move-in ready with appliances. #823 is approximately 750 sqft and was recently remodeled including adding a bedroom and...Incredible opportunity to own a unique investment property blocks away from downtown San Marcos! Public Zoning on this lot provides incredible multi-use potential! e.g. short-term rental, Bed & Breakfast, coffee & taco spot, and more! Immediate neighbor to beautiful Dunbar Park. Two separately metered houses on one lot - #825 is approximately 600 sqft, 1 bedroom & 1 full bath, and move-in ready with appliances. #823 is approximately 750 sqft and was recently remodeled including adding a bedroom and full bath - upgraded from a 2/1 to 3 bedrooms and 2 full bathrooms! Other big updates include a brand new kitchen, foundation work, new luxury vinyl flooring, all new plumbing, updated bathrooms, new windows & doors, new privacy fence for defined yard space, and more! Laundry hook-ups are available inside both units. Income or business opportunity with convenient access to Downtown San Marcos, Texas State, Wonder World, river access, and more - schedule a tour today!

Listing Agent

  1. Karl Haussmann

    Karl Haussmann

    Listing Agent

    Compass

    TREC #0502123

Property Details for 823-825 Martin Luther King Drive

Subdivision Name
Farm Lt
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
Park/Greenbelt
View YN
Yes
Pets Allowed
Call
Parcel Number
1128951100009003

Location

Sold By Compass RE Texas, LLC, Karl Haussmann, TREC #0502123

Add your commute
LISTING UPDATED: 04/17/2024 03:14 AM

Property Details for 823-825 Martin Luther King Drive

StatusClosed
MLS #5134010
Days on Market16
Taxes$4,472 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built-
Lot Size0.28 AC / 12,000 SF
CountyHays County

Location

Sold By Compass RE Texas, LLC, Karl Haussmann, TREC #0502123

Add your commute

Building Information for 823-825 Martin Luther King Drive

Stories1Residences-Year Built-Building Size-Lot Size0.28 AC / 12,000 SF

Payment Calculator

$2,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$373

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 823-825 Martin Luther King Drive

General Information
Parking
  • Parking Features: Driveway, Private
Interior
  • Interior Features: See Remarks
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Exterior
  • New Construction: No
  • Construction Materials: Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Roof: Metal
  • Fencing: Partial, Wood
  • Direction Faces: Northwest
  • Accessibility Features: None
  • Community Features: Park
Property Information
Lot Information
  • Lot Features: Cleared, City Lot, Backs to Greenbelt/Park, Few Trees
  • Horse: No
Location Information
  • Building Features: See Remarks
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Owner Pays: Taxes
  • Water Source: Public
Unit Information
Unit 1
  • UnitNum: 825
  • BedsTotal: 1
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: 823
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,500.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 06-30-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,500.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $235,131
  • Tax Year: 2023
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • Directions: From I35 exit Guadalupe St and head North, turn Right onto E Grove St, turn Left onto S LBJ Dr, turn Left onto E Martin Luther King Dr, continue on MLK Dr, the houses are on the left immediately after passing Dunbar Park & Armstead St.

Property History for 823-825 Martin Luther King Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 823-825 Martin Luther King Drive

Taxable ValueLand$53,420Additions$181,711Total$235,131
Home Facts
Beds0Total Finished SqFt750 SqFtAbove Grade Finished SqFt750 SqFtStories1Lot Size12,000 SqFtStyleSingle Family ResidenceCountyHAYSAPNR27327

Schools near 823-825 Martin Luther King Drive

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.

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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.

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.