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.
Active
$474,990
120/122 Cedargrove, San Marcos, TX 78666
--beds
0baths
2,760sqft
Est.:
Duplex
Built in 1998
-- sqft lot
$-- Zestimate®
$172/sqft
$-- HOA
What's special
- 9 hours |
- 4 |
- 1 |
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#: 2718239
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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $474,990$172/sqft |
Source: | ||
| 12/3/2014 | Listing removed | $1,175 |
Source: Williamson Company Report a problem | ||
| 9/19/2014 | Listed for rent | $1,175 |
Source: Williamson Company Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
More affordability tools
Climate risks
Neighborhood: Hughson Heights
Nearby schools
GreatSchools rating
- 8/10Crockett Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10Miller Middle SchoolGrades: 6-8Distance: 3.1 mi
- 4/10San Marcos High SchoolGrades: 9-12Distance: 5.4 mi
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.
Local experts in 78666
- Texas
- Hays County
- San Marcos
- 78666
- Hughson Heights
- 120/122 Cedargrove








