2016 Martins CRST
About This Property
The primary suite is located downstairs and includes a walk-in closet, separate vanities, a jetted tub, and a walk-in shower. Upstairs, you'll find an additional living space, three bedrooms, and a bathroom, all open to the main floor. The recently refinished back deck offers a pergola and a screened-in hot tub room, where you can relax and enjoy the expansive Hill Country views. The property even extends beyond the back gate for added privacy and space.
With an oversized garage that includes a workspace and water softener loop, this home combines comfort with practicality. Tucked quietly into the hills, the neighborhood offers a peaceful retreat while being just minutes from I-35, with easy access to the Austin/San Antonio Corridor. Texas State University, downtown San Marcos, shopping, and dining are all just a short drive away. Take a look at the tour link for additional information. Schedule your showing today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by The Damron Group REALTORS | $615,000 | |
| Listed by The Damron Group REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017