417 Parker Drive

Description

Price Improvement! Mixed-Use Zoning: Endless possibilities with versatile zoning, allowing both residential and commercial uses including short term rental. Prime Location: Conveniently located on a spacious lot close to town, this property offers the perfect blend of space and accessibility. Spacious Living: With 5 bedrooms, 2.5 bathrooms, and 1436 sq ft on nearly a quarter acre, with an outbuilding and storage, there is ample space for your dream. Great Value: Recent price improvement! Now priced at $208/SF, well below the average of $428/SF for Mixed-Use Property in San Marcos, this is a fantastic investment opportunity. Why Mixed-Use Zoning? Its made for your ambitious endeavors, providing a versatile space for both living and working. Permitted Uses: Live/work configurations, short term rental, or professional office spaces. With a conditional use permit, transform into a duplex, triplex, or quadplex. Motivated Seller " Ready to Accept Your Offer! Spacious lot of nearly a quarter acre. Five-bedroom, 2.5-bathroom property is ZONED MIXED USE. The location and underlying potential are extremely attractive to investors and end-users alike. You could maintain it as a residential home, but with several entrances and two separate mother-in-law suites plus three additional bedrooms, it makes a profitable short term rental. The current MU zoning also permits a variety of commercial or residential uses by right and allows for buildings up to four stories. Within walking distance of nearby schools, grocery stores, and restaurants, this house is just a mile away from the downtown square with easy access to I35. Essential improvements, including foundation leveling, new gutters, and a new breaker box were completed in 2018. The roof is brand new- replaced in October 2023.