513 N San Marcos Street
Seguin, TX 78155
2618 sqft | 0.38 acres | #577188
Description
Investor Special with 2.25 Assumable FHA Loan!
Rare opportunity to own a quadplex in rapidly growing Seguin, TX, with an attractive 2.25 assumable FHA loan! Owner also willing to consider owner financing down payment in addition to offering assumable loan! —an unbeatable financing option in today’s market!
This versatile property includes four rental units:
A spacious 3 bed / 2 bath main home
A charming 1 bed / 1 bath garage apartment
A duplex, each side featuring 1 bed / 1 bath
Recent upgrades include new flooring in all three of the 1-bedroom units and HVAC systems that are 3 years old or newer in three of the four units. All buildings are equipped with architectural shingle roofing, and two units feature private yards and in-unit laundry—highly desirable amenities that attract quality tenants.
Located just minutes from Downtown Seguin with easy access to major highways, this property is perfectly positioned for both steady rental income and future appreciation. Seguin’s rental market is thriving, with demand and rates continuing to rise.
Financial Snapshot:
Gross Monthly Rents: $4,600
Monthly PITI: $3,055 (even lower with updated insurance!)
Remaining Balance for FHA Loan: $370,991
Don’t miss out on this income-producing asset with built-in equity and low-cost financing! Owner also willing to consider owner financing down payment in addition to offering assumable loan!
Property Details
- Utility FeaturesElectricityAvailable, TrashCollectionPublic, WaterAvailable
- InteriorCeilingFans, MultipleClosets, Pantry
- FoundationCombination
- Sewer InformationPublicSewer
- School DistrictSeguin ISD
- Property SubtypeQuadruplex
- StyleCraftsman
- CountyGuadalupe
- Property TypePurchase
- Original List Price$495,000
- Utility SourcePublic
- MLS #577188
- Cost495000
- MLS #577188
- Acres0.376
- SubdivisionBauer
- Square Feet2618
- Year Built1930
- Parking Spaces1
Location
Legal
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Rodney Monk may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.
Last Updated: . Source: CTXMLS
Listing Courtesy
Listing Agent: Joshua Brunner (#JBRU82)
Listing Office: Bray Real Estate Group (#3691)
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