2500 Fm 32, San Marcos TX 78666

San Marcos, TX 78666 | N/A

Ed's Opinion of Value

$509,596 Ed's Estimate: $708,100 $818,831
Lowest Comp Recommended List: $687,000 to $729,000 Highest Comp
After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $708,100. Pricing this home between $687,000 and $729,000 would put it in the competitive sweet spot for 78666. Buyers shopping in 78666 right now would see this as a well positioned option among 0 comparable homes. This home's larger footprint (225 sqft vs the comp average) plays a role in how the market prices it. At 18 years older than typical comps, the 1990 build date influences the valuation. Market data shows 78666 prices fallen 9.6% over the last half year. The closest comparable sale, 350 Hugo RD, San Marcos TX 78666 at an adjusted $509,596, is with a smaller floor plan. The comp data here (5 sales in 78666) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
3 Baths 3 Full
2,286 Sq Ft
34.452 Acres
1990 Built

About This Property

UNRESTRICTED 34.5+/- ACRES with 1,484+/- feet of highway frontage. Located at the busy and growing intersection of FM 32 and Purgatory Rd. Can be used for commercial. Active 2,286+/- sqft short term rental sold fully furnished turnkey with an average 4.9 star review on VRBO (80 reviews). In 2021, the rental home generated over $67,000 in revenue. As of 7/25/22, the rental property has booked over $56,000 YTD. Conveniently located just an 8 minute drive from downtown Wimberley, and a 15 minute drive from I-35. Beautiful updated home, with plenty of outdoor living. Full perimeter fence, 2 entrances without gates.
Property comes with a 1,550+/- sqft office building that could be used for additional revenue. This 2nd building is located at the 2nd entrance located at the intersection of purgatory and FM 32. 2nd building needs power and finish out. Great rental income potential.

Features

  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Granite Counters
  • Pantry
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District San Marcos ISD
Elementary Hernandez
Middle School Miller
High School San Marcos

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Electric
Exterior Gutters Partial
County Hays
MLS # 6581916

Listing History

MLS# 6581916 43 days
Oct 18, 2022 Off Market
Aug 24, 2022 Price Change $1,995,000
Jul 28, 2022 Listed $2,595,000

Frequently Asked Questions About 2500 Fm 32, San Marcos TX 78666

When was 2500 Fm 32, San Marcos TX 78666 built?

2500 Fm 32, San Marcos TX 78666 was built in 1990.

How much does 2500 Fm 32, San Marcos TX 78666 cost?

2500 Fm 32, San Marcos TX 78666 sold on October 18, 2022. Contact us for sale price details.

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