With traditional 30-year mortgage rates hovering around 4%, direct multi-family real estate ownership is a much better alternative for investors seeking investment income yield, with current cap rates in San Marcos now averaging around 6-7%. Based upon trailing 12-month financials (ending Feb 2015), the cap rate of this property is 6.7%-7.5%. Fenway Loop is an oasis of relative tranquility compared to some of the surrounding streets. The dead-end nature of Fenway Loop decreases thru-traffic (except for the Texas State Shuttle) so that the residents can enjoy a more peaceful living experience.
LOCATION, LOCATION! GREAT INVESTMENT PROPERTY IN THE HEART OF TEXAS STATE UNIVERSITY. Very nice and updated duplex with 2 car garage & beautiful diagonal tiled floors on both sides. Open floor plan with private backyard. Great level driveway & lot with Texas State shuttle about 100 feet from front doors! This is one of the best locations on Sagewood Trail. This area has a very strong rental history. Gain appreciation while your student goes to college. Great Investment property for Texas State parents.
This is a duplex located near TX State University it is in need of updating and remodeling. It is easy to occupy. There are 2 units Haynes St side is a 2 bed 1 bath with carport and laundry. The Cheatham St side is a 3 bedroom 1 bath with garage / storage along with laundry. This one would be a great long term rental property as it stays rented. Location Location Location that is what all the books tell you when you buy investment properties and this one has that. This one is priced to sell.