540-546 Crest Circle Drive,San Marcos, TX 78666
San Marcos, TX 78666
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).
Details
| MLS # | 623891 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2012 |
| Days On Site | 16 |
| Listing Provided By | Andrew Phillips, Broker | Andrew Phillips |
Features
| SQ Feet | 3,712 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Acreage | 1.73 |
| Property View | None |
Parking
| Garage Yes / No | Yes |
|---|
Area Information
| State | TX |
|---|---|
| County | Guadalupe |
| City | San Marcos |
| Zip Code | 78666 |
| Community Name | Southridge Estates Ph #3 |
| Listing VS Median (in Southridge Estates Ph #3) | |
Price: $625,000 low | high Med: $625,000 sqft: 3,712 low | high Med: 3,712 $ / sqft: $168 low | high Med: $168 On site: 16 low | high Med: 16 | |
Market Activity 78666
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Learn More About This Property
| State | TX |
|---|---|
| County | Guadalupe |
| City | San Marcos |
| Zip Code | 78666 |
| Community Name | Southridge Estates Ph #3 |
| Listing VS Median (in Southridge Estates Ph #3) | |
Price: $625,000 low | high Med: $625,000 sqft: 3,712 low | high Med: 3,712 $ / sqft: $168 low | high Med: $168 On site: 16 low | high Med: 16 | |
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
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