Description of 120-122 Cedargrove #120-122, San Marcos, TX 78666
Listing details for 120-122 Cedargrove #120-122, San Marcos, TX 78666 : 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.
From i35, turn on Hopkins. Turn right onto N LBJ and go all the way to Craddock Ave, turn left on Craddock and then turn left on Cedargove. Turn right into the culdesac.