ActiveResidential · sale

103 Mimosa

San Marcos, TX 78666

$639,900

  • 4 beds
  • 2,490 sq ft
  • 0.37 acres
  • Built 1970

Listed by Compass RE Texas, LLC · MLS #621142

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main living room boasts high ceilings, abundant natural light, exposed brick accents, built-in storage, and a striking brick fireplace shared with the sunroom.

Year built

Built in 1970.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

*Owner Financing Available* ask for details. Beautiful single-story home nestled in the desirable Spring Lake Hills neighborhood of San Marcos, TX. Set on an oversized lot and offering exceptional versatility, updates, and upgrades throughout that are full of thoughtful detail. The ideal location lends itself to quick walks or bike rides down to Spring Lake and the ever-flowing San Marcos River, as well as Texas State University and plenty of great local eateries and coffee shops. The well-designed property features 4 bedrooms, 3 full bathrooms, a home office, multiple living areas, and an unfinished 1 bed/1 bath guesthouse/office/workshop in the back that offers roughly 500 additional sq ft of living space. Coming home will feel like a relaxing retreat as soon as you step through the front door. Just off the foyer, a cozy library or sitting area with built-in bookcases welcomes you inside. The main living room boasts high ceilings, abundant natural light, exposed brick accents, built-in storage, and a striking brick fireplace shared with the sunroom. The updated kitchen includes butcher block countertops, a deep farmhouse sink, walk-in pantry, dining area, and easy access to a dedicated home office. All bedrooms are generously sized, including a primary suite with a wood burning fireplace, a spacious ensuite and walk-in shower. Two secondary bedrooms share an updated Jack-and-Jill bathroom with dual vanities, beautifully plastered walls, and updated fixtures. The fourth bedroom is a quiet and cozy retreat on the other side of the house, making a great in law suite or guest bedroom. Enjoy outdoor living with a large covered front porch, or the additional space in the backyard that makes entertaining and hosting easy. A large covered carport in the back makes a great addition to the attached 2 car garage and ensures plenty of parking spaces for occupants and guests. Don't miss this opportunity in one of the most sought after spots in all of San Marcos.

THE NEIGHBORHOOD

Explore the location.

103 Mimosa, San Marcos, TX 78666

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1970
Full baths
3
Half baths
0
Garage spaces
2
Cooling
CentralAir,Electric
Heating
Central,Electric
Appliances
Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,SomeElectricAppliances,Range
Flooring
CarpetFree,Concrete,Laminate,Tile,Wood
Utilities
ElectricityAvailable,HighSpeedInternetAvailable,TrashCollectionPublic
Exterior
CoveredPatio,Porch,PrivateYard
Fencing
BackYard,Wood
Pool features
None
Spa
No
Subdivision
Spring Lake Hills
Parcel
R43385
Elementary school
Crockett Elementary
Middle school
Doris Miller Middle School
High school
San Marcos High School

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
Estimated monthly rent$2,666.25
Cap rate

Annual operating income:

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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

See its potential.
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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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103 Mimosa, San Marcos, TX 78666 · MLS #621142

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Listing information

MLS #621142 · Central Texas MLS

Listing brokerage: Compass RE Texas, LLC
Listing agent: Tyler Zimmerman

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