San Marcos, TX Apartment buildings for sale

Updated: Feb 20

12-Unit Apartment Property

540-566 Crest Circle Drive, San Marcos, TX 78666

$1,800,000

11,136 sqft 5.19 AC lot

12 apartment units with matching 2BR/2BA layouts
11,136 square feet of improvements on 5.19 acres
Built in 2012 with brick and Hardiplank construction
Units span three adjacent parcels at 540‑566 Crest Circle Drive
Garage parking, heat‑pump HVAC, and composition shingle roofing

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Updated: Apr 24

San Marcos Multifamily Investment Opportunity

540-566 Crest Circle Dr, San Marcos, TX 78666

$1,800,000

Rare opportunity to acquire 12 units, providing immediate scale and operational efficiency.
Proven income with consistent rental income growth since 2022.
Units are priced below replacement cost compared to new construction.
Significant rental upside potential with current rents below market comparables.
Located in a high‑demand area between Austin and San Antonio, near Texas State University.

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Multifamily Apartment Building

1321 Harris Hill RD, San Marcos, TX 78666

$1,290,000

14-unit multifamily property with recent 2022–2023 improvements and current operating income.

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See what stands out in Hays County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Two-Story Garden Apartment Community

1640 Aquarena Springs Dr, San Marcos, TX 78666

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7.88 AC lot

Two-story garden apartment community with 162 units on 7.88 acres and more than $1 million in recent capital improvements.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in San Marcos, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Riverfront Apartment Community

1045 SANGER AVE, New Braunfels, TX 78130

Contact for pricing

36,192 sqft

48-unit apartment community positioned along the Guadalupe River in New Braunfels, Texas.

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Apartment Complex on Guadalupe River

1627 Kuehler Ave, New Braunfels, TX 78130

Contact for pricing

1,580 sqft

Boutique 9-unit apartment complex with Guadalupe River access.

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8-Unit Apartment Building

5220 Tahoe Trail, Austin, TX 78745

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Multifamily property with in-unit laundry, condominium ownership structure, and recent capital improvements.

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Garden-Style Multifamily Development Site

2505 FM1327, Austin, TX 78747

Contact for pricing

Development tract planned for garden-style multifamily with internal circulation and stormwater detention concepts.

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Off-Market Properties in San Marcos, TX

Consider similar Off-Market properties in San Marcos, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

313 Mill St, San Marcos, TX 78666

Value Estimation by Request

1,274 sqft

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Multifamily properties

1623 Aquarena Springs Dr, San Marcos, TX 78666

Value Estimation by Request

43,500 sqft 2.50 AC lot

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Multifamily properties

20105 San Marcos Hwy, San Marcos, TX 78666

Value Estimation by Request

15,392 sqft 1.51 AC lot

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Multifamily properties

1805 Aquarena Springs Dr, San Marcos, TX 78666

Value Estimation by Request

170,936 sqft 12.24 AC lot

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Multifamily properties

414 Henk Ln, San Marcos, TX 78666

Value Estimation by Request

5,238 sqft

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Restaurants

512 Valley St, San Marcos, TX 78666

Value Estimation by Request

1,604 sqft 0.15 AC lot

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San Marcos, TX Apartment Buildings Market Trends and Statistics

Explore 10 apartment buildings for sale in San Marcos, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,136 square feet of properties for sale, with an estimated market value of $4,890,000.

Sale prices for two-family homes in San Marcos, TX start at $1,290,000, averaging $1,630,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
78666	$1.6M

Neighborhood

Average Price

78666

$1.6M

San Marcos, TX Apartment Buildings for Sale

540-566 Crest Circle Drive, San Marcos, TX 78666

540-566 Crest Circle Dr, San Marcos, TX 78666

1321 Harris Hill RD, San Marcos, TX 78666

1640 Aquarena Springs Dr, San Marcos, TX 78666