🎧 FREE audiobook: The Book on Texas Real Estate Investing — listen now

Turnkey 3 Bed STR Pool Home on an Oversize Lot

1268 Hilltop Dr, San Marcos
ROI
26.39% IRR
Strategy
Short Term Rental
Turnkey 3 bed STR pool home on an oversize lot. Located at the end of a cul-de-sac with open land behind it and no HOA. $5-6k/mo in gross income as a short-term rental. 1,722 sq ft 3 bed, 2.5 bath two story pool home on .28 acre lot. Built in 1987 with neutral finishes, some outdated but in turnkey condition. Stainless appliances, high ceilings with a brick fireplace.

Enter your email to download the proforma

< Back to Daily Deals

Turnkey 3 Bed STR Pool Home on an Oversize Lot

Listed 08/18/2023

1268 Hilltop Dr, San Marcos

Purchase Price:$385,000

Cash Outlay:$113,950

Cashflow:$1,535/mo

Cap Rate:10.30%

IRR:26.39%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Houston (Pasadena) SFR with Equity and Great Schools – $245k

5915 Ray Dr, Pasadena

Purchase Price:$245,000

Cash Outlay:$66,150

Cashflow:$36/mo

Cap Rate:5.95%

IRR:11.64%

Long Term Rental

DFW (Fort Worth) 2020 Build Turnkey SFR – $275k

5808 Japonica St, Fort Worth

Purchase Price:$275,000

Cash Outlay:$74,250

Cashflow:$243/mo

Cap Rate:4.72%

IRR:13.80%

Long Term Rental

Fort Worth Cashflowing Turnkey Quadplex – $625k

191 County Road 4849, Newark

Purchase Price:$625,000

Cash Outlay:$168,750

Cashflow:$924/mo

Cap Rate:7.55%

IRR:19.38%

Mid Term Rental

College Station STR MTR LTR Quadplex – $690k

1204 & 1206 Vinyard Ct, College Station

Purchase Price:$690,000

Cash Outlay:$186,300

Cashflow:$3,234/mo

Cap Rate:11.40%

IRR:38.03%

Long Term Rental

Houston SFR with High Rent to Price Ratio – $235k

14746 Jasper Stream Ct, Houston

Purchase Price:$235,000

Cash Outlay:$63,450

Cashflow:$41/mo

Cap Rate:5.98%

IRR:11.78%

Long Term Rental

Austin Area SFR with Equity and High Rent Demand – $300k

317 Greener Dr, Leander

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$245/mo

Cap Rate:4.80%

IRR:13.57%