16870 N Highway 123
San Marcos, TX 78666
2
Bedrooms
2
Bathrooms
2,000
Sq Ft
1975
Year Built
About This Property
Great Value & Opportunity! Very rare unrestricted commercial property on 0.43 acres just Southeast of San Marcos on Highway 123 on the road towards Seguin. Building is 2,000 SF with 3 rooms, 1 full size kitchen, 2 bathrooms. Behind the building is an existing MH/RV space with utility hookups. The property is located in the heart of a massive growth corridor with a 16,000 vehicle traffic count per day. Located right at the entrance to the new $1.5 Billion Sedona South Master Planned Residential Community encompassing 541 acres with 3,000 new homes and 100 acres of commercial and multifamily properties. Projected to increase in price to $1.2 Million within 5 years due to its proximity to the new community. Multiple uses - Perfect for office complex, retail use, service industry shop, church, industrial use, residential triplex, restaurant, food truck court, gaming room, used car dealership, etc. You can live in the back of the building and run your business in the front or you can live in the RV/MH space behind the building and run your business in the whole building. Also includes an asphalt parking lot, large highway display sign, separate large storage building, propane tank, rear garden/patio area, two separate A/C units, Guadalupe County, San Marcos ETJ. Utilities are Bluebonnet Electric and Crystal Clear Water. Immediate move in available. Also available for Lease, Lease with Option to Purchase and Owner Financing.
Property Details
Property Type
Single Family
Year Built
1975
Lot Size
18,644 sq ft
HOA
None
Listed Price
$550,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in San Marcos
What is owner financing for 16870 N Highway 123?
Owner financing means the seller of 16870 N Highway 123 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in San Marcos, TX is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this San Marcos home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this San Marcos property.