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  • $474,990

    120/122 Cedargrove, San Marcos, TX 78666

    --beds
    0baths
    2,760sqft
    : 
    Duplex
    Built in 1998
    -- sqft lot
    $-- Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Income-producing duplex featuring Units 120 and 122, offering a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Both units have demonstrated consistent rental demand and solid in-place income, creating immediate cash flow from day one, with recent leasing activity positioning the property for continued stability. Situated on a cul-de-sac street with limited through traffic, the setting supports a quieter environment that tends to attract and retain tenants. Conveniently located in San Marcos with easy access to major corridors, shopping, dining, and just steps from a Texas State University bus stop, this property appeals to a wide tenant base and supports long-term rental demand. Several key systems have been addressed in recent years, including HVAC, flooring, and water heater improvements, helping reduce near-term capital expenditure risk for the next owner. Owned by the same family for over 20 years and managed by the same professional company for the past 15 years, the property reflects long-term stability and consistent oversight. This duplex is one of two properties owned by the same seller, offering the opportunity to purchase both and scale your investment on the same street, or acquire individually based on your goals. For more information on financing options available to both owner occupants and investors, contact agent.
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    Zillow last checked: 7 hours ago

    Listing updated: 16 hours ago

    Listed by:

    James Johnson (361) 571-1569,

    eXp Realty, LLC (888) 519-7431

    Source: Unlock MLS,MLS#: 2718239MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Rooms
      • Room types: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Family Room, Living Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: See Remarks
      Features
      • See Remarks, Gas Dryer Hookup, Walk-In Closet(s)
      • Flooring: Tile, Vinyl
      • Windows: See Remarks
      Interior area
      • Total interior livable area: 2,760 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Faces Front, Oversized
      • Garage spaces: 2
      Accessibility
      • Accessibility features: See Remarks
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Exterior features: Private Yard
      • Fencing: Back Yard, Privacy
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 8,106.52 Square Feet
      • Features: Back Yard, Cul-De-Sac, Trees-Moderate
      Details
      • Additional structures: None
      • Parcel number: 1142490P00015003
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: See Remarks

      Community & HOA

      Community
      • Features: None
      • Subdivision: Hughson Heights Sec 3-C
      HOA
      • Has HOA: No
      Location
      • Region: San Marcos

      Financial & listing details

      • Price per square foot: $172/sqft
      • Tax assessed value: $391,785
      • Annual tax amount: $8,096
      • Date on market: 4/11/2026
      • Listing terms: Cash,Conventional,FHA
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        4/11/2026Listed for sale$474,990$172/sqft
        Source: Unlock MLS #2718239 Report a problem
        12/3/2014Listing removed$1,175
        Source: Williamson Company Report a problem
        9/19/2014Listed for rent$1,175
        Source: Williamson Company Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $391,785 -15.9%
        2024$9,165 +20.4%$465,630 +16.3%
        2023$7,613 +2.1%$400,248 +10%
        2022$7,457 +6.9%$363,862 +12.7%
        2021$6,976 +4.1%$322,899 +6.2%
        2020$6,700 +26%$303,966 +34.5%
        2019$5,316 -2.8%$226,050 +1.7%
        2018$5,471 -8.7%$222,250 -8.3%
        2017$5,996 +9.4%$242,440 +6.3%
        2016$5,481 +2.1%$227,980
        2015$5,370 $227,980 +2.5%
        2014$5,370 $222,500 +4.3%
        2013-- $213,320 -15.3%
        2012-- $251,790
        2011-- $251,790
        2010-- $251,790
        2009-- $251,790 +4.1%
        2007-- $241,780 +11.5%
        2006-- $216,770 +5.7%
        2005-- $205,090
        2004-- $205,090 +3.8%
        2003-- $197,590
        2002-- $197,590 +4.4%
        2001-- $189,260 +4.4%
        2000-- $181,310

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,966/mo
        Principal & interest
        $2313
        Property taxes
        $653
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          Climate risks

          Neighborhood: Hughson Heights

          Getting around

          14 / 100
          Car-Dependent
          12 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Crockett
          • Middle: Goodnight
          • High: San Marcos
          • District: SanMarcosCONSISD

          Source: Unlock 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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