Description
Two separate homes on a 3-acre parcel in Country Estates offering Hill Country views and no city taxes (located in the Hays County ETJ). ASSUMABLE RATE FHA LOAN for qualified buyers - a rare financing advantage in today's market. The property includes two residences on the same acreage: an updated Hill Country brick home and a newer modern Southwestern custom home. The guest home is currently leased at $2,700/month, providing income potential for house-hackers and investors or flexible space for multi-generational living. Set among mature trees just 4 miles from the San Marcos Square, the property offers privacy, space, and versatility with room for gardening, outdoor living, a pool, workshop, or future improvements. Both homes share a private well. There is NO mandatory HOA. Voluntary neighborhood membership includes access to a community pool and tennis/pickleball courts. Additional improvements include a detached two-car garage and a storage shed. Ideal for multi-generational living, live-in-one/rent-the-other flexibility, or potential STR use (buyer to verify). HOME 1 - CLASSIC HILL COUNTRY BRICK 4 Bed 3 Bath 2,353 Sq Ft Single Story * Split floorplan with private fourth bedroom and adjacent full bath * No steps and no carpet * High ceilings * Spacious living room with wood-burning fireplace * Formal dining + breakfast nook + breakfast bar * Primary suite with separate shower and garden tub * Covered porch and private yard * Detached two-car garage HOME 2 - MODERN SOUTHWESTERN CUSTOM 3 Bed 2 Bath 1,403 Sq Ft * Bright custom build with abundant natural light * Primary suite with ensuite bath, large closet, and access to sunroom * Guest bedroom with adjacent full bath * Additional bedroom or office * One-car garage Opportunities that combine acreage, dual residences, existing rental income, and assumable financing are increasingly rare this close to downtown San Marcos.
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