2204 Annes TRL
About This Property
The home takes advantage of its setting with windows across the back, bringing in views from the living, dining, and sunroom spaces. The open layout allows the large living area to be arranged in different ways, with room for two living and two dining areas if desired. A brick fireplace with custom built-ins serves as the centerpiece, with a propane connection providing warmth and ambiance without the upkeep of a traditional wood-burning fire. Two patios have been enclosed to create sunrooms, adding flexible space for year-round enjoyment.
The primary suite includes a trayed ceiling, walk-in closet, soaking tub, separate shower, and direct access to both a sunroom and the deck. Secondary bedrooms are set apart from the primary for privacy, and a dedicated office offers convenience for remote work or study.
Recent upgrades include new 30-year shingles and an aerobic septic system. The property also features a newer 8x10 storage building, a greenhouse, and an RV plug. Located on a quiet cul-de-sac in a well-maintained neighborhood, this home combines thoughtful updates on the custom design, and a setting that is difficult to find-acreage, privacy, and Hill Country views, all within minutes of Downtown San Marcos and Texas State University, with low county property tax rates and no HOA.
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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 21, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by The Damron Group REALTORS | $535,000 | |
| Listed by The Damron Group REALTORS | |||
| Aug 22, 2025 | Delisted | - | |
| Delisted | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017