418 Shadowpoint San Marcos, TX 78666
Property details
About 418 Shadowpoint
Turnkey Investment in Prime San Marcos Location Fully updated and income-ready, this versatile 3-bed, 3-bath condo offers a rare dual-unit layout just minutes from Texas State University, downtown San Marcos, and I-35. With two separate entrances and full kitchens, each level functions as its own rental—perfect for maximizing cash flow in a high-demand market. Upstairs: 2 bed / 2 bath Downstairs: 1 bed / 1 bath Projected Rent: $2,600+/month Cap Rate Estimate: ~8.5% at $275,000 Tenant-Paid Utilities Recent upgrades include fresh interior paint, new carpet, updated kitchen flooring, and a new roof. The fully insulated two-car garage, private deck, and in-unit laundry add even more appeal for renters. The $193/month HOA includes structural insurance and exterior maintenance—owners pay as little as $300–$400/year in additional insurance. Community perks include a soccer field, playground, and mature trees for added curb appeal. Whether you're looking to expand your portfolio or lock in a strong performer with low overhead, 418 Shadowpoint delivers a rare blend of cash flow, convenience, and low-maintenance ownership.
Highlights
Summary
- Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer
- Flooring Type: Carpet, Vinyl
- Interior: Kitchen Island, Multiple Living Areas, Walk-In Closet(s)
- Garage Space: 2 spaces
- Parking: Attached, Garage, Garage Faces Rear
- Waterfront: None
- Exterior: Balcony
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $274,900
- Price/SqFt: $168
- HOA Amount: $193
- HOA Frequency: Monthly
- Annual Tax Amount: $6,141
- Tax Year: 2024
- Lot: Landscaped
- Directions: From I-35 in San Marcos, take exit 205 for Hwy 80. Turn right onto Hwy 80, then left onto Hwy 21. Continue for about 0.5 miles, then turn left onto Newberry Tr and directly right onto Shadow Point. 418 Shadow Point will be on your right.
- Year Built: 2009
- Stories: 2
- Living Area: 1,628 SqFt
- Lot Size: 4.66 Acres
- MLS Number: 5222728
- MLS Name: ACTRIS
- Office Name: Greenbelt Realty
- Office Phone: (979) 308-1385
- Listing Agent: Sarah McDaniel
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 5/3/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$274,900
418 Shadowpoint
$3,264
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $280,693 | $6,141 |
| 2023 | $322,875 | $4,353 |
| 2022 | $296,230 | $6,070 |
| 2021 | $201,730 | $4,186 |
| 2020 | $189,950 | $4,186 |
| 2019 | $184,340 | $4,353 |
| 2018 | $176,850 | $4,353 |
| 2017 | $165,860 | $3,553 |
History based on county public records data.
Nearby schools
2
Texas Preparatory School
Public Charter KG-6
1.4 mi
•400 Uhland Rd Ste 2
2
Travis Elementary School
Public District KG-5
1.8 mi
•1437 Post Rd
2
Dezavala Elementary School
Public District KG-5
2.8 mi
•150 E Dezavala Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,453. Most San Marcos, TX residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Pro Wrestling
College Football
Where do the neighbors shop?
Academy Sports & Outdoors
Family Dollar
Wal-Mart
Where do the neighbors go to eat?
Little Caesars
Dominos Pizza
Sonic
What do the neighbors drive?
Chevrolet
Ford
Oldsmobile
What do the neighbors listen to?
Country
New Country
Contemporary Inspirational
This home is located at 418 Shadowpoint in San Marcos, TX and zip code 78666 in the Blanco River Village neighborhood. This 1,628 square foot home, which was built in 2009, sits on a 4.66 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $274,900.
San Marcos, TX housing market in April 2025 saw over 9 listings sold above listed price, more than 14 sold at listed price and over 28 sold below. In April 2025 in San Marcos, TX there were 17.8% more homes for sale than in March. In April 2025 median list price was $357,973 and the average listing age was 121 days.