2259 Flatiron Way
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2259 Flatiron Way

D

San Marcos, CA 92078

$899,000
NEW — 0d on market

Soft Appraisal Value: $890,400 · 1.0% above estimate

Beds

3

Baths

2.5

Sqft

1,650

Year Built

2010

Days on Market

0

Property Type

Condo

HOA/mo

$411

MLS ID

260008272SD

This property is in San Marcos (92078). View neighborhood stats →

View on MLS

About This Property

Move-in-ready two-story townhome that lives like a detached home, ideally situated on a cul-de-sac in the highly desirable Laurel neighborhood of Old Creek Ranch. Bright, open lower-level floor plan with numerous upgrades including fresh interior paint, new flooring and baseboards, a renovated main-level bath, newer ceiling fans, blinds, and water heater, plus direct access to the attached two-car garage with ample overhead storage. The modern kitchen features a large island with bar seating, granite countertops, and stainless steel appliances. Sliding glass door opens to a private, low-maintenance patio/BBQ area with turf and drought-tolerant landscaping—perfect for indoor/outdoor living. Upstairs offers a versatile loft, spacious primary suite with walk-in shower, soaking tub, dual vanity, and walk-in closet, plus two additional bedrooms, a full bath, and a convenient laundry room. Enjoy close proximity to the community pool, spa, and playground, as well as nearby parks, trails, award-winning schools, shopping, and dining. Move-in-ready two-story townhome that lives like a detached home, ideally situated on a cul-de-sac in the highly desirable Laurel neighborhood of Old Creek Ranch. Bright, open lower-level floor plan with numerous upgrades including fresh interior paint, new flooring and baseboards, a renovated main-level bath, newer ceiling fans, blinds, and water heater, plus direct access to the attached two-car garage with ample overhead storage. The modern kitchen features a large island with bar seating, granite countertops, and stainless steel appliances. Sliding glass door opens to a private, low-maintenance patio/BBQ area with turf and drought-tolerant landscaping—perfect for indoor/outdoor living. Upstairs offers a versatile loft, spacious primary suite with walk-in shower, soaking tub, dual vanity, and walk-in closet, plus two additional bedrooms, a full bath, and a convenient laundry room. Enjoy close proximity to the community pool, spa, and playground, as well as nearby parks, trails, award-winning schools, shopping, and dining.

Mortgage Calculator

Est. Monthly Payment

$6,118

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$411
%($179,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$3,954
Monthly Cashflow

Rent − PITIA

$-2,164
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,822

Mortgage (P+I)
$4,546
Cap Rate
0.97%
Cash-on-Cash
-25.51%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$8,918

NOI (Annual)
$8,681
Price-to-Rent

Lower = better for investors

18.9

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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