ActiveResidential · sale

240 Glory Lane

Marion, TX 78124

$927,000

  • 3 beds
  • 3 baths
  • 2,236 sq ft
  • 6 acres
  • Built 2004

Listed by Zest Realty · MLS #1921531

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PROPERTY QUESTIONS & SHOWINGS

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240 Glory Lane, Marion, TX 78124 · MLS #1921531

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Behind an electronic gate, slip onto the practical circular drive be welcomed into the open floor plan with a chic farmhouse feel awash with natural light.

Details worth a look

Entertaining is made easy with the bar at the island, the adorable breakfast nook with window seat, and spacious dining room with view of the back acreage and your outdoor covered patio.

Year built

Built in 2004.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

LIVE AND WORK WITH EASE! THIS UNRESTRICTED MARION 6 ACRE SPREAD COULD EASILY SERVE AS A MULTI-GENERATIONAL FARMSTEAD. Conveniently located just 15 minutes from New Braunfels, Seguin and Lake McQueeney, 30 minutes from San Antonio and only an hour to Austin, the location is close to so many hubs. See the level acreage sweeping in front of you as you pull off FM 1044. Pastureland precedes a beautifully updated limestone Hill Country single story home with the huge live-in workshop tucked behind. Behind an electronic gate, slip onto the practical circular drive be welcomed into the open floor plan with a chic farmhouse feel awash with natural light. The large foyer dressed up with shiplap wall opens into the living/dining/kitchen space with its 12 foot ceilings. A centerpiece limestone fireplace sets a cozy atmosphere while the renovated kitchen with its giant island, marble look quartz countertops and white shaker cabinetry make you feel you've stepped into an episode of HGTV. Entertaining is made easy with the bar at the island, the adorable breakfast nook with window seat, and spacious dining room with view of the back acreage and your outdoor covered patio. A built-in wall unit with floating wood shelving and shiplap accent makes a statement while still being practical. At the primary bedroom wing find a guest half bath with more floating shelves and shiplap. Down the hall enter the primary sanctuary--large bedroom with nook, ensuite bathroom with dual sinks, long vanity, deep tiled, walk-in shower and large closet with built-ins. Double french doors lead from the bedroom to a flex space with another walk-in closet. Use this as an office, nursery, exercise or second living room. On the opposite wing sits two spacious bedrooms that share a jack-and-jill style bathroom with two separate vanities and tub/shower combo behind doors for privacy. The indoor laundry room that leads into the two-car, attached garage with utility sink, windows and room for storage. Or convert this, if you like for more living space, as you have a massive workshop only steps away for vehicle storage or more. The Rent out the shop apartment for income, house your company foreman here or turn it into a fancy office. At 1456 square feet, two bedrooms, one bath, living, dining, kitchen and loft with 15 foot ceilings, this space would comfortably serve as an AirBNB or a second residence. Designer touches like the floating wood shelves that mirror the main house and stained concrete floors give this space an unexpected panache. The smart design of the 40x40 foot metal workshop on slab offers amazing opportunities for so many uses. With 15 foot ceilings and four roll-up doors on three sides of the building you can store RVs, horse trailers and more here. The roomy loft that overlooks the shop floor would be ideal for an office space and the ground floor work table makes this job-ready. The roof overhangs (65x25 feet and 65x31 feet respectively were designed for a multitude of uses--including equipment storage or 4-H livestock stalls. An open air horse barn on one side could happen with just prefab stalls if you want to go fancy or merely fence panels for paddocks. The panoramic acreage is begging to be horse pasture, a hay field or plant something else as sandy loam cultivates well. Being outside city limits, in Guadalupe County, enjoy an incredibly low property tax rate of 1.4 while still having the benefit of being zoned for coveted Marion ISD. Try to find something in such a brilliant location, move-in ready with two residences and a shop with livestock capabilities ... these make this property a complete package that will be hard to recreate elsewhere at this price. Check it out to find it checks all your boxes and ones you didn't even know you should have on the list! Hurry!

THE NEIGHBORHOOD

Explore the location.

240 Glory Lane, Marion, TX 78124

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2004
Full baths
2
Half baths
1
Cooling
One Central, Other
Heating
Central
Flooring
Carpeting, Ceramic Tile, Vinyl
Exterior
4 Sides Masonry, Stone/Rock
Accessibility
No Steps Down, Level Lot, Level Drive, No Stairs, First Floor Bath, Full Bath/Bed on 1st Flr, First Floor Bedroom, Stall Shower
Pool features
None
Subdivision
Rural
Parcel
2G0052000007505000
HOA amenities
None
Elementary school
Marion
Middle school
Marion
High school
Marion
Annual property tax
$8,068.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$2,129.74
Estimated monthly rent$3,862.50
Cap rate3.01%

Annual operating income: $27,874.40

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #1921531 · San Antonio Board of Realtors

Listing brokerage: Zest Realty
Listing agent: Linda Zimmerhanzel

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.