235 Walnut Hills Dr
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235 Walnut Hills Dr

D

San Marcos, CA 92078

$1,749,000
NEW — 2d

Beds

3

Baths

3

Sqft

2,492

Year Built

1977

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012724SD

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

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About This Property

Beautifully upgraded and thoughtfully designed, this equestrian property offers a unique blend of charm and modern ranch living on a usable one-acre lot. The 3-bedroom, 3-bath residence showcases stylish upgrades throughout, including a spacious primary suite and a gorgeous floor-to-ceiling stone fireplace that serves as the standout feature of the living room. Equestrian amenities include zoning for up to three horses, a large stall, crossties, hay storage, expansive pasture, and dedicated goat and chicken enclosure. Per the City of San Marcos, the site may be divisible to allow an entire second home. Complete with solar, this charming property offers space, flexibility, and a lifestyle that embraces rural elements, everyday comfort and investment potential.

Mortgage Calculator

Est. Monthly Payment

$11,103

Principal & Interest$8,844
Property Tax$1,749
Insurance$510
%($349,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,422
Monthly Cashflow

Rent − PITIA

$-6,681
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,155

Mortgage (P+I)
$8,844
Cap Rate
-0.21%
Cash-on-Cash
-31.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$16,312

NOI (Annual)
$-3,739
Price-to-Rent

Lower = better for investors

33.0

* 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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