• 80 days on site
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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.

Source: Austin MLS, MLS#: 2718239

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  • Property Type
    Residential Income
  • Lot
    0.19 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 120-122 Cedargrove #120-122


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/10/2026Source: Austin MLS Added to Database
April 10, 2026
Listing provided courtesy of eXp Realty, LLC- MLS# 2718239MLS Provider