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San Marcos Quadplex Fully Occupied Producing $4,150/mo Far Exceeding 1% Rule OFF MARKET $365k

102 Lady Bird Ln, San Marcos
ROI
21.59% IRR
Strategy
Long Term Rental
Fully occupied quadplex producing $4,150 per month and $49,800 annually, far exceeding the 1% rule at this price point. All units are leased with stable tenants and landlord pays water at roughly $250 per month keeping operations simple. Quadplexes here rarely trade with last sale in 2011, creating a highly scarce opportunity in a strong San Marcos market driven by Texas State University. Assessed value exceeds $400,000 providing a clear walk in equity position with immediate cash flow and long term upside.

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San Marcos Quadplex Fully Occupied Producing $4,150/mo Far Exceeding 1% Rule OFF MARKET $365k

Listed 03/26/2026

102 Lady Bird Ln, San Marcos

Purchase Price:$365,000

Cash Outlay:$98,550

Cashflow:$675/mo

Cap Rate:8.06%

IRR:21.59%

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