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418 Shadow Point

San Marcos, TX 78666

3 beds
3 baths
1,628 sqft
~5 acre lot
$177 per sqft
2009 build
– on site

This property offers an excellent multi-rent opportunity, ideal for investors or homeowners looking to generate extra income in a prime location. The spacious 3 Bed, 3 Bath Condo is just 5 minutes from I-35 and Walmart, and about 10 minutes from downtown San Marcos, the river, and Texas State University. Recently updated with new paint, carpet, kitchen flooring, and a new roof, the home also boasts a fully insulated two-car garage, deck, mature trees, and washer/dryer. With two separate living spaces and kitchens, each with its own entrance, this home is perfect for multi-renting, subletting, or multi-generational living. Previously, the entire unit rented for $2,200/month (discounted), and over 3 years ago, the downstairs alone rented for $800/month. With today's market, rental income could be even higher. HOA fees ($175/month) cover structural insurance and maintenance, with access to a large soccer field and playground. Don’t miss this incredible opportunity to own a versatile, income-generating home in a highly desirable area!

Listing courtesy of ABOR / Sarah Mcdaniel / Greenbelt Realty

Last checked: Checking… • Last updated Jan 21, 2025 •

MLS# 5077727 —

The Building

Year Built:

2009
Unit Style:

Multi-level Floor Plan
New Construction:

false
Roof:

Composition
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

None
Window Features:

Blinds
Levels:

Two
Direction Faces:

West

Interior

Interior Features:

Ceiling Fan(s)
Living:

2
Dining:

1
Flooring:

Carpet
Fireplace:

None
Laundry Location:

In Hall

Room Dimensions

Living Area:

1628
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

Deed Restrictions

Location

Latitude:

29.881644
Longitude:

-97.899619
Directions:

From I-35 in San Marcos, take exit 205 for Hwy 80. Turn right onto Hwy 80, then left onto Hwy 21. Continue for about 0.5 miles, then turn left onto Newberry Tr and directly right onto Shadow Point. 418 Shadow Point will be on your right.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

150613000E0E0233
Property Condition:

Resale
Other Structures:

None
Lot Features:

Alley Access
Lot Size Acres:

4.66
Lot Size Area:

4 Sqft
Lot Size SqFt:

202,989 Sqft
SqFt Total:

2,048 Sqft
View:

Neighborhood
Waterfront:

false
Waterfront Features:

None
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$5,338.78

Beds

Beds:

1
Bedrooms Total:

3
Main Level Bedrooms:

2

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Dezavala
Elementary School District:

San Marcos CISD
Middle School District:

San Marcos CISD
High School:

San Marcos
High School District:

San Marcos CISD

The Community

Subdivision Name:

Blanco River Village Condo
Association Name:

Blanco River Village Homeowners Association
Association Fee:

$175
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

Common Grounds
Pool Private:

false
Pool Features:

None
Spa Features:

None

Parking

Parking Features:

Alley Access
Garage:

true
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$289,000

Expense	Monthly cost
Mortgage	$1,547
Taxes	$444
Insurance	$79
HOA fees	$175
Utilities	$128 See report
Total	$2,373/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/1/25 Jan 1, 2025	Price Changed	ABOR	$289,000	-2.7%
10/4/24 Oct 4, 2024	Price Changed	ABOR	$297,000
10/4/24 Oct 4, 2024	Listed / Active	ABOR

Condo For Sale

$289,000

HOA

$175/mo.

Cost Est.

$2,373/mo.

Price drop −$8,000

Listing provided by broker:

Sarah Mcdaniel

Greenbelt Realty

(979) 308-1385

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This condo located in Blanco River North, San Marcos, TX 78666 is currently for sale for $289,000. 418 Shadow Point is a 1,628 square foot condo with 3 beds and 3 baths that has been on Estately for 135 days. 418 Shadow Point is in the Blanco River North neighborhood of San Marcos and has a WalkScore® of 3, making it car-dependent. This condo is in the attendance area of San Marcos High School, Travis Elementary School, and Owen Goodnight Middle School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.