418 Shadowpoint Unit N/A
San Marcos, TX 78666
- – beds
- – baths
- 1,628 sqft
- ~5 acre lot
- $168 per sqft
- 2009 build
- – on site
Turnkey Investment in Prime San Marcos Location Fully updated and income-ready, this versatile 3-bed, 3-bath condo offers a rare dual-unit layout just minutes from Texas State University, downtown San Marcos, and I-35. With two separate entrances and full kitchens, each level functions as its own rental—perfect for maximizing cash flow in a high-demand market. Upstairs: 2 bed / 2 bath Downstairs: 1 bed / 1 bath Projected Rent: $2,600+/month Cap Rate Estimate: ~8.5% at $275,000 Tenant-Paid Utilities Recent upgrades include fresh interior paint, new carpet, updated kitchen flooring, and a new roof. The fully insulated two-car garage, private deck, and in-unit laundry add even more appeal for renters. The $193/month HOA includes structural insurance and exterior maintenance—owners pay as little as $300–$400/year in additional insurance. Community perks include a soccer field, playground, and mature trees for added curb appeal. Whether you're looking to expand your portfolio or lock in a strong performer with low overhead, 418 Shadowpoint delivers a rare blend of cash flow, convenience, and low-maintenance ownership.
Last checked:
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Last updated Apr 16, 2025
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MLS# 5222728 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2009
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Unit Number:N/A
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New Construction:false
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Roof:Composition
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Foundation:Slab
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Exterior Features:Balcony
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Accessibility Features:Hand Rails
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Patio And Porch Features:Deck
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Window Features:Window Coverings
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Levels:Two
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Direction Faces:West
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Builder Name:BIGELOW SAN MARCOS DEVELO
Interior
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Interior Features:Kitchen Island
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Room Type:Primary Bedroom
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Flooring:Carpet
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Laundry Location:Laundry Room
Room Dimensions
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Living Area:1628
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Living Area Source:Plans
Financial & Terms
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Restrictions:Deed Restrictions
Location
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Latitude:29.881652
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Longitude:-97.899618
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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
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Property Type:Residential Income
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Subtype:Duplex
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Parcel Number:HCAD
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Property Condition:Resale
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Other Structures:None
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Lot Features:Alley Access
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Lot Size Acres:4.66
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Lot Size Area:4 Sqft
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Lot Size SqFt:202,989 Sqft
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View:None
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Fencing:Partial
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (979) 308-1385
- Office phone:
- (979) 308-1385
Taxes
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Tax Annual Amount:$5,338.78
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Vacant
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Dezavala
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Elementary School District:San Marcos CISD
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Middle School:Goodnight
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Middle School District:San Marcos CISD
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High School:San Marcos
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High School District:San Marcos CISD
The Community
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Subdivision Name:Blanco River Village
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Association Name:Blanco River Village Homeowners Association
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Association Fee:$193
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Association Fee Includes:Common Area Maintenance
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Association Fee Frequency:Monthly
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Community Features:Park
Parking
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Parking Features:Attached
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Covered Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
