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Updated over 4 years ago, 08/12/2020

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9
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0
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Nicholas Thompson
  • Austin, TX
0
Votes |
9
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Is this a good SFR deal? San Marcos , TX

Nicholas Thompson
  • Austin, TX
Posted

Seems like cash flow is impossible in Austin but if you go further South, North, or East you can find some good pockets that have decent cash flow.
Ran the numbers on this property in San Marcos, and it seems to work well (~$200/month).

House for Sale - https://www.zillow.com/homedetails/220-Mary-Max-Cir-San-Marcos-TX-78666/250405416_zpid

House next door for Rent Comp - https://www.zillow.com/homedetails/224-Mary-Max-Cir-San-Marcos-TX-78666/250405084_zpid/

The rental next door is slightly older and smaller.

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