
521 Shadow Hills Drive
Btop 30%San Marcos, CA 92069Neighborhood: Richland
Pass at asking: -$2,879/mo full cashflow at 20% down, 7.36% rate.
Works at $383,312 (50% under asking), or at 75% down.
Rent $3,928/mo from 15 leases of 3–5 bed houses within 2 mi ($3,508–$4,076).
Beds
4
Baths
2
Sqft
1,479
Year Built
1979
Days on Market
49
Property Type
Single Family
HOA/mo
$95
MLS ID
260023321SD
This property is in San Marcos (92069). View neighborhood stats →
About This Property
Lovely single-story home in the heart of San Marcos, ideally situated in the well-cared-for Woods neighborhood. Recent improvements add both comfort and value, including a brand-new HVAC system, a newer roof replaced in 2022, replacement windows and sliding doors, refreshed backyard landscaping, and owned solar. Offering four bedrooms and two full bathrooms, this inviting home combines comfortable everyday living with thoughtful updates, flexible spaces, and a convenient location close to many of the area’s everyday essentials. Enter to discover a welcoming living room highlighted by a large picture window that fills the space with natural light and a fireplace that creates a warm, comfortable focal point. A quaint front patio adds charm and provides a pleasant spot to enjoy a morning coffee or unwind at the end of the day. The dining area flows seamlessly into the kitchen, creating an easy, connected layout for both daily living and entertaining. The kitchen features crisp white cabinetry, stainless steel appliances, and counter seating illuminated by pendant lighting, offering a casual place for meals, conversation, or homework. A built-in media station in the dining and kitchen area adds valuable functionality for organizing schedules, working from home, or managing everyday tasks. Outside, the spacious and private backyard offers even more room to enjoy. With no rear neighbors and the property backing to the community park, the setting feels open and peaceful. A large patio creates plenty of space for outdoor dining and entertaining, while the generous grassy area provides room for play, pets, or simply relaxing outdoors. There is also ample space to personalize the yard with additional landscaping, garden beds, flowers, or other outdoor features. A two-car garage provides additional storage and everyday convenience. The Woods HOA offers a community park, biking and hiking trails, a playground, and a basketball court. The home is also just down the street from Woodland Park Middle School and Woodland Park & Pool, and close to grocery stores, Costco, coffee shops, restaurants, Highway 78, colleges, and much more. With its single-level layout, spacious backyard, inviting indoor-outdoor flow, and convenient San Marcos location, this home offers a comfortable setting with room to enjoy today and personalize for the future.
Mortgage Calculator
Est. Monthly Payment
$5,270
Location
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Zoned Schools
Elementary
Knob Hill Elementary · grades K-5 · San Marcos Unified
Middle
Woodland Park Middle · grades 6-8 · San Marcos Unified
High
Mission Hills High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,928
Comp Average
$3,939
612 Tam O Shanter Drive
4bd / 2ba · 1,360 sqft · Single Family
$750K
Est. $3,771/mo

320 Rolling Hills
3bd / 2ba · 1,376 sqft · Single Family
$700K
Est. $3,757/mo
509 Avenida Aguila
4bd / 3ba · 1,646 sqft · Single Family
$910K
Est. $3,969/mo
1352 Orlando St
4bd / 2ba · 1,524 sqft · Single Family
$949K
Est. $4,140/mo
539 Avenida Blanco
4bd / 3ba · 1,729 sqft · Single Family
$950K
Est. $4,056/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
15 leases of 3–5 bed houses within 2 mi · $3,508–$4,076
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,879/mo short at 20% down; 75% down or +$3,739/mo rent closes it.
- Break-even price
- $383,312
- Break-even rent
- $7,667/mo
- Cashflow at 35% down
- −$2,093/mo
- Down payment to break even
- 75%
- Rate to break even
- Not reachable
50% under asking
$3,739/mo above the estimate
$569,999 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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