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1% Rule San Marcos Rental

$140,000 • 4 Beds / 2 Baths • 2,200 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 4
Bathrooms 2
Year Built 2004
Approx.SqFt. 2200
Lot size SqFt. 5909
Garage Attached Garage

Description

This off-market 4 bed, 2 bath home in San Marcos offers serious upside for investors. Built in 2004 with 2,200 sqft of living space, it sits vacant and ready for your crew. With a brand new HVAC already installed and solid electrical and plumbing systems, your main focus will be on addressing the foundation repair. Priced at just $140K with an ARV around $275K, this property is perfect for a flip or BRRRR play.

1314 Sunflower sold as a banked owned "REO" property for $225k, in similar, as-is condition to our property. Our property is literally 2X the square footage, so there is considerable room for a successful exit.

Investment Highlights:

💰 Sales Price: $140,000 | ARV: ~$275,000
🛠️ Foundation needs significant repair – Seller had quotes around $20k, but those are "retail" quotes
❄️ Brand New HVAC
💵 Long-Term Rent Potential: $2,155/month
🚪 Vacant – fast and easy access for walkthroughs or renovation kickoff