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.
Active
Price cut: $25.9K (7/23)
$439,000
324 Craddock Ave, San Marcos, TX 78666
5beds
3baths
2,428sqft
Est.:
Duplex, Multi Family, Multi Family
Built in 1969
-- sqft lot
$415,200 Zestimate®
$181/sqft
$-- HOA
What's special
Well-maintained exteriorUpdated interiors
- 115 days
- on Zillow |
- 565 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: July 23, 2025 at 11:22am
Listed by:
Jake O'Brien 512-749-6594,
Greenbelt Realty
Source: Central Texas MLS,MLS#: 576774
Originating MLS: Four Rivers Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & 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
Video & virtual tour
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
- Price per square foot: $181/sqft
- Tax assessed value: $465,476
- Annual tax amount: $9,161
- Date on market: 4/17/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Texas Vet,VA Loan
- Electric utility on property: Yes
- Road surface type: Concrete
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