238 Rush HVN
About This Property
This awesome three-bedroom, three-bathroom freestanding home in the serene Blanco River neighborhood of San Marcos offers the perfect blend of location, space, and modern updates. Just 7 minutes from Texas State University, the property is ideal for those seeking a convenient and comfortable lifestyle. With a wonderfully updated interior, including a kitchen that opens to the living room, it's perfect for entertaining. The private yard, complete with a 2-car detached garage, is great for BBQing and outdoor activities. Commuting is a breeze, with a quick 36-minute drive to the airport and only 33 minutes to the excitement of F1 racing and the new Tesla factory. Don't miss the opportunity to call this quiet, close-knit community just minutes from downtown San Marcos your home.
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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 |
|---|---|---|---|
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by Bramlett Residential | $289,000 | |
| Listed by Bramlett Residential | |||
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About San Marcos
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Listed Office: Bramlett Residential - Listing courtesy of Unlock MLS
Phone: (512) 850-5717
Last Updated: 2024-02-29 17:56:53
Data Source: Unlock MLS, MLS# ACT1860891
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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