Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$319,000

Sale Pending
114 Riviera St, San Marcos, TX 78666
4 Beds
3 Baths
1,716 Square Feet
0.00 Acres Lot
Built in 1980
Sale Pending
Units n/a
Checked: 5 hours ago
Updated: Jun 19, 2025 at 03:25AM

Investment Summary


Monthly Cash Flow
-$604
Cap Rate
3.4%
Cash-on-Cash Return
-9.9%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-5.6%

Property Description


0.00 Acres Lot
Built in 1980
Sale Pending
Units n/a

Seller open to partial owner financing or creative terms for qualified buyers—ask about options! Live steps from the San Marcos River and just a short walk to The Square in this freshly renovated 4-bedroom, 3-bath Rio Vista home. Whether you’re a young family, investor, or a parent looking for housing near Texas State, this property offers versatility and value. One bedroom features a private en-suite bath and French door access from the driveway, ideal for a guest suite, caretaker, or renter. Another rear bedroom with French doors to the backyard has been used as a second living space, playroom, or office. The backyard is fully fenced with multiple patios for entertaining and a well-built shed for kayaks, paddleboards, or extra storage. Major updates include a recently leveled foundation with transferable warranty, roof less than a year old, new windows throughout, new main water supply line, new sewer line, new hot water heater, freshly painted walls and ceilings, updated bathrooms, laminate flooring throughout, stainless steel appliances, and a well-maintained HVAC system that’s only seven years old. You’ll love the neighborhood vibe—quiet, walkable, and just 5–10 minutes to the city’s best parks, river access, Texas State, the San Marcos Activity Center, and downtown shops and restaurants. Quick access to I-35 makes commuting easy. Turnkey, updated, and ready to go—schedule your showing today!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Outside
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 4
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Asbestos Shingle
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition, Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: R40121
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1980

Tax Information

  • Annual Tax: $7,342

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Hays

Listing Details


Listed by:
Zachary Peoples
White Line Realty LLC
(210) 563-4749

Source:
Central Texas MLS (CTXMLS)
MLS#: 550763
Central Texas MLS (CTXMLS)

Investment Summary


Monthly Cash Flow
-$604
Cap Rate
3.4%
Cash-on-Cash Return
-9.9%
Debt Coverage Ratio
0.60
Internal Rate of Return (5 years)
-5.6%

Purchase Details

Find an Agent

Purchase price:
$319,000
Amount financed:
-$255,200
Down payment:
$63,800
Closing costs:
$9,570
Rehab costs:
$0
Initial cash invested:
$73,370
Square feet:
1,716
Cost per square foot:
$186
Monthly rent per square foot:
$1.28

Financing Details

Find a Lender

Loan amount:
$255,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,510
Property tax:
$612
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,276

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (28%)
28%-$612-$7,342
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (53%)
53%-$1,162-$13,942

Cash Flow


Monthly Yearly
Net operating income:
$906 $10,872
Mortgage payments:
-$1,510 -$18,120
Cash flow:
$604 $7,248