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$360,000 Just Listed
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Property Description
Turnkey investment opportunity in one of Central Texas' fastest-growing markets. Located in a welcoming and well-established community in San Marcos, this extremely well-maintained duplex offers the perfect blend of immediate income potential and long-term upside. Built in 2007, both units feature 3 bedrooms and 2 bathrooms, thoughtfully designed layouts, and hard surface flooring throughout for durability and easy maintenance. Each unit enjoys its own private, fully fenced backyard, creating added appeal for tenants seeking space, privacy, and a more residential feel-an increasingly sought-after feature in today's rental market. From an investment standpoint, this property checks all the boxes. Unit A is currently leased, providing immediate income, while Unit B is vacant, offering flexibility for an owner-occupant, house-hacker, or the ability to lease at current market rates. The location further enhances its value. Just minutes from the San Marcos River, I-35, Downtown San Marcos, and nearby Martindale, residents enjoy quick access to recreation, dining, shopping, and major commuting routes-making this an attractive option for a wide range of tenants. Whether you're an investor looking to expand your portfolio or a buyer seeking a smart way to offset your mortgage, this property presents a rare opportunity to secure a well-kept duplex in a high-demand area. This is more than just a duplex-it's a strategic investment in growth, flexibility, and long-term value.
Full Property Details
Full Property Details for 108 Gm Ln
General
- Price: $360,000
- Taxes: $5,208 (2025)
- Status: Active
- Type: Duplex
- Source: Austin_MLS
- MLS ID: 4758551
- Updated: 4/9/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Main Level Primary, Recessed Lighting, Storage
- Appliances: Microwave, Range, Refrigerator
- Flooring: Tile
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Shared Amenities: None
- Security/Safety: Smoke Detector(s)
- Equipment: None
Exterior
- Exterior Features: Private Yard
Parking
- Carports: Yes
- Parking Features: Attached Carport, Carport
Location
- Area: GU
- County: Guadalupe
- Subdivision: B & G Fulcher Surv A-21
- Driving Directions: Head south in I-35, exit 210 Yarrington Rd. Turn left to take FM 110 and and follow to FM 621 South to Gm Ln in Redwood. Left onto GM Ln, house is on the right.
- Direction Faces: Northwest
School Information
- Elem School District: SanMarcosCONSISD
- Midd School District: SanMarcosCONSISD
- High School District: SanMarcosCONSISD
- Elementary School: Bowie
- Middle School: Goodnight
- High School: San Marcos
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, See Remarks, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Windows: Blinds
- Stories/Levels: 1
- Square Feet: 1,992
- Sq. Ft. Source: Public Records
- Living Area: 1,992 Sq. Ft.
- Year Built: 2007
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Residence
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.524
- Lot Size (Sq. Ft.): 22,825.44
- Fence: Yes
- Lot Features: Back Yard, Front Yard
- Fencing (Description): Wood
Financial Considerations
- Assessment Amount: $387,100
- Tax Amount: $5,208.82
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: Water
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: ABS: 21 SUR: B & G FULCHER 0.5240 AC.
- Disclosures/Reports: Seller Disclosure
- Property ID: 2G0021000003920000
Listed by Keller Williams Realty
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Schools
Schools serving 108 Gm Ln
School District:San Marcos Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Bowie Elementary School, San Marcos, TX 4020 Monterrey Oaks, San Marcos, TX 78666 | K-5 | 4.8 mi |
Goodnight Middle School 1301 Texas Highway 123, San Marcos, TX 78666 | 6-8 | 4.9 mi |
San Marcos High School 2601 Rattler Road, San Marcos, TX 78666 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Gm Ln
Date
Details
Price
Change
Source
4/09/2026
Listed
$360,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 108 Gm Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,262
70%
$387,100
-2%
2023
$3,096
—
$395,100
68%
2023
$3,096
-10%
$235,527
6%
2021
$3,452
-32%
$222,625
-35%
2022
$5,098
103%
$344,997
116%
2020
$2,511
-33%
$159,400
-28%
2019
$3,744
49%
$220,792
58%
2018
$2,510
—
$139,757
-1%
2018
$2,507
-4%
$141,463
-2%
2016
$2,600
-6%
$144,526
-6%
2015
$2,774
60%
$154,181
77%
2013
$1,731
—
$87,075
-9%
2013
$1,731
—
$95,433
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 108 Gm Ln
108 Gm Lane, San Marcos, TX 78666 (MLS# 4758551) is a Duplex property with 0 bedrooms and 0 full bathrooms. 108 Gm Lane is currently listed for $360,000 and was received on April 09, 2026. Want to learn more about 108 Gm Lane? Do you have questions about finding other Duplex real estate for sale in San Marcos? You can browse all San Marcos real estate or contact a Coldwell Banker agent to request more information.

