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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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120-122 Cedargrove 120-122 , San Marcos, TX 78666
$464,990
Est. Payment: $2,340.00/mo
6 Bed
8 Bath
2760 Sqft
Status: active | Days on site: 93
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Jeannette Spinelli
Broker Associate & Founder
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House Description

Income-producing duplex featuring Units 120 and 122, offering a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Both units have demonstrated consistent rental demand and solid in-place income, creating immediate cash flow from day one, with recent leasing activity positioning the property for continued stability. Situated on a cul-de-sac street with limited through traffic, the setting supports a quieter environment that tends to attract and retain tenants. Conveniently located in San Marcos with easy access to major corridors, shopping, dining, and just steps from a Texas State University bus stop, this property appeals to a wide tenant base and supports long-term rental demand. Several key systems have been addressed in recent years, including HVAC, flooring, and water heater improvements, helping reduce near-term capital expenditure risk for the next owner. Owned by the same family for over 20 years and managed by the same professional company for the past 15 years, the property reflects long-term stability and consistent oversight. This duplex is one of two properties owned by the same seller, offering the opportunity to purchase both and scale your investment on the same street, or acquire individually based on your goals. For more information on financing options available to both owner occupants and investors, contact agent.
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Highlights

Listed by James Johnson , (361) 571-1569 eXp Realty, LLC , (888) 519-7431. Austin MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.19

Year Built

1998

County

Hays

Area

HS

 Neighborhood

Hughson Heights Sec 3-C

 School District

SanMarcosCONSISD

Listing ID

2718239

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:
Appliances:See Remarks
Floor:Tile,Vinyl
Other:See Remarks,Walk-In Closet(s),Pets Allowed
Other:Public

Exterior Features

Lot:Back Yard,Cul-De-Sac,Moderate Trees
Roof:Composition
Others:Private Yard,Resale
Sewer:Public Sewer
Parking Features:Garage Faces Front,Garage,Oversized
Principal Interest
$2,340
Taxes
$675

Home Price

$464,990

Loan Details

30 yrs
6.454%

Down Payment

20%
$92,998
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,340.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,340.00 $674.72 $0.00 $3,014.72
Yearly $28,080.00 $8,096.63 $0.00 $36,176.63
Total $842,400.11 $242,898.90 $0.00 $1,085,299.01

Today's Rates

30 Year

6.45%

20 Year

6.2%

15 Year

5.87%

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Market insight data is pulled from the same city as the listing being viewed (San Marcos, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-07-19T19:31:28.000Z

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