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San Marcos Duplex Near Texas State University $415K

844-846 Sagewood Trl, San Marcos
ROI
16.90% IRR
Strategy
Long Term Rental
Offered at $415000. Each unit is 3 beds 3.5 baths and both units are currently vacant allowing buyer to close and lease into peak spring demand. Prior rents were $1875 per unit. Strong rent to price ratio with proximity to Texas State University which now exceeds 45000 students and continues to grow. Excellent long term rental demand with access to both downtown San Marcos and the greater Austin metro. Great house hack or stable long term hold with university driven tenant demand.

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San Marcos Duplex Near Texas State University $415K

Listed 02/26/2026

844-846 Sagewood Trl, San Marcos

Purchase Price:$415,000

Cash Outlay:$112,050

Cashflow:$464/mo

Cap Rate:6.74%

IRR:16.90%

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