540-546 Crest Circle Drive, San Marcos, TX 78666

$625,000
3,712
SqFt

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List Price
$625,000
Status
ACTIVE
MLS#
623891
Days on Market
15
Living Area
3,712

Property Description

A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 4 units in a single transaction is exceedingly rare in Central Texas, delivering immediate scale, operational efficiency, and a diversified income stream from Day 1. All units share the same 2BR/2BA configuration, simplifying management, unit turns, and capital planning. San Marcos sits at the nexus of the I-35 corridor between Austin and San Antonio, home to 4 million+ residents and growing. Hays County has ranked among the fastest-growing counties in the nation for over a decade. Texas State University (38,000+ enrollment) anchors consistent renter demand, while proximity to Austin's tech economy and San Antonio's healthcare and military sectors add further depth. Proven Income and $156,250 Per Door, Below Replacement Cost New construction in San Marcos routinely exceeds $200,000 per door. The buyer acquires stabilized, income-producing assets with existing tenants and management infrastructure. No construction risk, no lease-up period, no development timeline. Built in 2012 with a strong remaining useful life on all major systems. This is 4 units, 2 buildings. The neighboring properties are also available (550-556 and 560-566).

Additional Information

Year Built
2012
Garage Spaces
4
Interior Features
See Remarks
Roof
Composition, Shingle
Appliances
Other, See Remarks, Range
View
None
School District
Navarro ISD
Sewer
Aerobic Septic
Stories
1
Street Name
Crest Circle Drive
Street Number
540-546
Neighborhood
Southridge Estates Ph #3
Water
Community/Coop
Acres
1.73
County
Guadalupe
Foundation
Slab
Heating
Multiple Heating Units

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Calculator source: Real Geeks

Listing courtesy of Andrew Phillips from Andrew Phillips, Broker

Information obtained from TXSMABOR is current as of . Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.