San Marcos Multifamily Investment
540-566 Crest Circle Drive San Marcos, TX 78666
For Sale
$1,800,000
MULTI_FAMILY - Other - San Marcos, TX
Property Size11,136 SF
Lot Size5.19 Acres
Price / SF$161.64
Days on Market153
Property Features for 540-566 Crest Circle Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Appliances
- WaterHeater
- Standard status
- Active
- APN
- 116092
- Size
- 11,136 SF
- Lot size
- 5.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SOUTHRIDGE ESTATES PH #3 LOT 3 1.73 AC, SOUTHRIDGE ESTATES PH #3 LOT 2 1.73, AC, SOUTHRIDGE ESTATES PH #3 LOT 1 1.73 AC
- Tax Annual Amount
- 34322
Utilities
- Sewer type
- Aerobic Septic
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 2012
- Floors in Building
- 1
- Building materials
- Brick, HardiplankType
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency:
Andrew Phillips, Broker
(830) 237-5356
Listed By:
Andrew Phillips · License #0672721
(830) 237-5356
Added: Feb 20
Changed: Jul 18
Last Checked: Jul 23 at 10:06PM
MLS# 605135
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents a rare opportunity to acquire a scaled portfolio of 12 units in the high-demand Central Texas market. The units, all featuring a 2BR/2BA configuration, offer immediate scale, operational efficiency, and a diversified income stream. Located in San Marcos, at the nexus of the I-35 corridor between Austin and San Antonio, the property benefits from its proximity to a growing region with over 4 million residents. Hays County has consistently ranked among the fastest-growing counties in the nation for over a decade. Texas State University, with an enrollment of over 38,000, provides consistent renter demand, while the nearby tech economy of Austin and the healthcare and military sectors of San Antonio add further economic depth. Constructed in 2012, the property has a strong remaining useful life on all major systems. The twelve contiguous units are situated across three adjacent parcels, creating exceptional leverage through consolidated management, vendors, insurance, and accounting, improving net cash flow. The property's gross rental income has grown every year since 2022 and is projected to increase to $161,511 in 2025. The property size is 11,136 square feet on a 5.19-acre lot.
Key Highlights
- Rare opportunity: acquire 12 units in a single transaction in a high‑demand Central Texas market.
- Units feature a 2BR/2BA configuration, simplifying management.
- Located in San Marcos, at the nexus of the I‑35 corridor between Austin and San Antonio.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Portfolio of 12 units in high-demand Texas market.
Where is this apartment building located?
The property is located at 540-566 Crest Circle Drive San Marcos, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Rare opportunity: acquire 12 units in a single transaction in a high‑demand Central Texas market.; Units feature a 2BR/2BA configuration, simplifying management.; Located in San Marcos, at the nexus of the I‑35 corridor between Austin and San Antonio.
