Fully Leased Duplex | 10.5% Cap Rate | $3,850/Month in Rental Income Located directly across from the Texas State bus route and just minutes from downtown and campus, this property is ideally positioned for strong, consistent rental demand. Unit A (3 bed + office / 2 bath): Currently leased at $2,400/month through next Summer. Unit B (2 bed / 1 bath): Recently leased at $1,450/month, also through next Summer. With updated interiors and a well-maintained exterior, there’s nothing left to do—just collect rent and enjoy immediate returns. No HOA. Strong rental history. High occupancy area. Perfect for investors looking to expand their portfolio with a cash-flowing asset in a prime university market.
Closed
Price Unknown
324 Craddock Ave, San Marcos, TX 78666
5beds
3baths
2,428sqft
Duplex, Multi Family, Multi Family
Built in 1969
-- sqft lot
$399,900 Zestimate®
$--/sqft
$1,519 Estimated rent
Home value
$399,900
$372,000 - $432,000
$1,519/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jake O'Brien (979)308-1385,
Greenbelt Realty
Bought with:
Brandee Otto, TREC #0696497
Realty One Group Prosper-BUDA
, TREC #null
Source: Central Texas MLS,MLS#: 601477
Originating MLS: Four Rivers Association of REALTORS
Originating MLS: Four Rivers Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Central, Multiple Heating Units
Cooling
- Central Air, 2 Units
Appliances
- Included: Convection Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room, In Unit
Features
- Home Office, Pull Down Attic Stairs, Tub Shower, Eat-in Kitchen
- Flooring: Carpet, Tile
- Attic: Pull Down Stairs
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,428 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Porch
- Exterior features: Deck, Porch, Private Yard
- Pool features: None
- Fencing: Back Yard,Chain Link,Wood
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 0.34 Acres
Details
- Parcel number: R32263
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Masonry
- Foundation: None
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Trash Collection Public
Community & HOA
Community
- Features: Public Transportation, Sidewalks
- Subdivision: Hughson Heights I
HOA
- Has HOA: No
Location
- Region: San Marcos
Financial & listing details
- Tax assessed value: $344,657
- Date on market: 1/6/2026
- Cumulative days on market: 152 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Texas Vet,VA Loan
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listing removed | $1,450$1/sqft |
Source: Unlock MLS #3246301 Report a problem | ||
| 4/22/2026 | Listed for rent | $1,450$1/sqft |
Source: Unlock MLS #3246301 Report a problem | ||
| 1/7/2026 | Sold | -- |
Source:  Central Texas MLS #601477 Report a problem | ||
| 9/15/2025 | Listing removed | $439,000$181/sqft |
Source: Central Texas MLS #576774 Report a problem | ||
| 9/1/2025 | Contingent | $439,000$181/sqft |
Source: Central Texas MLS #576774 Report a problem | ||
| 7/23/2025 | Price change | $439,000-5.6%$181/sqft |
Source:  LERA MLS #1860690 Report a problem | ||
| 5/13/2025 | Price change | $464,900-4.1%$191/sqft |
Source: Central Texas MLS #576774 Report a problem | ||
| 4/29/2025 | Price change | $484,900-2.6%$200/sqft |
Source: LERA MLS #1860690 Report a problem | ||
| 4/17/2025 | Listed for sale | $498,000+111.9%$205/sqft |
Source:  Unlock MLS #8065878 Report a problem | ||
| 12/30/2013 | Sold | -- |
Source: Central Texas MLS #198811 Report a problem | ||
| 11/22/2013 | Pending sale | $235,000$97/sqft |
Source: Mission Real Estate Group #8380193 Report a problem | ||
| 10/23/2013 | Price change | $235,000-2.1%$97/sqft |
Source: Mission Real Estate Group #8380193 Report a problem | ||
| 10/3/2013 | Listed for sale | $240,000$99/sqft |
Source: Mission Real Estate Group #8380193 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $344,657 -26% |
| 2024 | $9,161 +3.2% | $465,476 -0.3% |
| 2023 | $8,876 +35.3% | $466,652 +45.8% |
| 2022 | $6,560 +6.9% | $320,093 +12.7% |
| 2021 | $6,137 +4.1% | $284,058 +6.2% |
| 2020 | $5,894 +6.8% | $267,402 +13.9% |
| 2019 | $5,518 -3.1% | $234,670 +1.5% |
| 2018 | $5,694 +6.5% | $231,310 +7% |
| 2017 | $5,348 +9.7% | $216,250 +6.6% |
| 2016 | $4,875 +8.6% | $202,770 |
| 2015 | $4,488 | $202,770 +9% |
| 2014 | $4,488 | $185,970 |
| 2013 | -- | $185,970 +2.7% |
| 2012 | -- | $181,060 |
| 2011 | -- | $181,060 |
| 2010 | -- | $181,060 |
| 2009 | -- | $181,060 +4.2% |
| 2007 | -- | $173,700 +26.7% |
| 2006 | -- | $137,090 +5.7% |
| 2005 | -- | $129,660 |
| 2004 | -- | $129,660 |
| 2003 | -- | $129,660 +12.3% |
| 2002 | -- | $115,420 -11.7% |
| 2001 | -- | $130,730 +7.1% |
| 2000 | -- | $122,120 |
Find assessor info on the county website
Neighborhood: Hughson Heights
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Crockett Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Miller Middle SchoolGrades: 6-8Distance: 2.8 mi
- 4/10San Marcos High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- District: San Marcos Cisd
Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$399,900
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Estimated market value
$399,900
- Texas
- Hays County
- San Marcos
- 78666
- Hughson Heights
- 324 Craddock Ave
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