120-122 Cedargrove # 120-122 San Marcos, TX $ 474,990
120-122 Cedargrove # 120-122
$ 474,990
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120-122 Cedargrove # 120-122

San Marcos, TX, 78666
$ 474,990
Baths0.0 Sq 2,760

Monthly Estimate*

$ 2,925

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Studio

Multi-Family Home for sale in San Marcos, TX

for $474,990. This 2,760 square foot home was built in 1998 on a lot size of 0.1861.

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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Multi-Family Active

Price

$ 474,990

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,100

Style

Duplex

Lot Size

0.1861

Year Built

1998

Town/City

San Marcos

County/Region

Hays

MLS | Web ID

2718239

Features
General
Living Area 2760
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities See Remarks
Roof Composition
Appliances See Remarks
Garage Spaces 2
Patio/Porch Features Covered Patio
Security Features See Remarks
Construction Materials HardiPlank Type Masonry – Partial
Pets Allowed Negotiable
Year Built 1998
View None
Levels Two
Unit Number 120-122
Property Subtype Duplex
Tax Year 2025
Waterfront Features None
Community Features None
Accessibility See Remarks
County Hays
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Other/See Remarks
Subdivision Name Hughson Heights Sec 3-C
Facing Direction North
Green Sustainability See Remarks
Other Structures None
Status Active
Directions From i35 turn on Hopkins. Turn right onto N LBJ and go all the way to Craddock Ave turn left on Craddock and then turn left on Cedargove. Turn right into the culdesac.
High School San Marcos
City San Marcos
Disclosures Seller Disclosure
MLS Area HS
Lot Size Square Feet 8106.52
Elementary School Crockett
Tax Annual Amount 8096.63
Middle/Junior High School Goodnight
Property Condition Resale
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 391785
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Interior
Interior Amenities See Remarks Walk-In Closet(s)
Flooring Tile Vinyl
Total Fireplaces 0
Window Features See Remarks
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Private Yard
Fencing Back Yard Privacy
Parking Features Garage Garage Faces Front Oversized
Lot Features Back Yard Cul-De-Sac Trees-Moderate
Water Source Public
Total Parking 4
Foundation Details Slab
Lot Size Acres 0.1861
Waterfront Y/N N
Covered Spaces 2
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 120
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* Excluded Features
List By
James Johnson

Listing Agent

Exp Realty, Llc

Broker

james.d.johnson@exprealty.com

Email

Affordability Calculator

$3,600
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5286022 Elementary School
5285979 Middle School
San Marcos High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$474,990 Listed Price

Map


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120-122 Cedargrove # 120-122, San Marcos, TX, 78666 is a Multi-Family Home for sale at $474,990 with 2,760 sqft and a lot size of 0.1861. 120-122 Cedargrove # 120-122 is a studio with 0.0 baths and was built in 1998. The property's zip code is 78666 which is in San Marcos, TX