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San Marcos Multifamily Investment Opportunity

1000 Advance St San Marcos, TX 78666

1000 Advance St, San Marcos, TX, 78666
$964,000
For Sale
$964,000

Unique multifamily property with development potential in San Marcos, Texas.

Lot Size1.21 Acres
Days on Market129

Property Features for 1000 Advance St

General Information

Standard status
Active
Lot size
1.21 Acres
Property subtype
Investment

Building Details

Year Built
1900
Listing Agency Keller Williams Realty- Hays County
Listed by Adrianne Craft · License #0598981
Source Elliman
Added: Mar 11 Checked: Jul 16 at 7:53 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty- Hays County


Investment Insights

Based on property information with market context.

This unique property in San Marcos features four lots with three homes and an efficiency apartment, offering potential for investors and developers. The property is currently zoned SF6 (single family), but rezoning could be requested. The main home has a sprawling floor plan with three bedrooms, two full baths, and multiple storage and flex areas. The three secondary units have refreshed finishes and are currently leased. The front deck of the main home offers views. An in-ground pool requires some attention. The efficiency apartment is leased month-to-month at $895. The unit at 1009 Hillyer is leased through June 2026 at $1,850, and the unit at 1001 Hillyer is leased through June 2026 at $2,200. The main home at 1000 Advance is leased through December 2025 at $1,900. The fourth lot has been recently cleared.

Key Highlights

  • Multiple Income‑Generating Units: Includes 3 leased homes and an efficiency apartment, providing immediate rental income.
  • Large Lot with Development Potential: Four lots included, with potential for rezoning and further development.
  • Main Home with Spacious Layout: Features a sprawling floor plan with 3 bedrooms and 2 full baths.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Nameless Ashram Gym & Fitness Center

Suggested Use

Kitchen & Bath Showroom HVAC Service Bakery Grocery & Convenience Store Storage Facility Locksmith Carpet & Flooring Store Catering Service Accounting Firm Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Unique multifamily property with development potential in San Marcos, Texas.
Where is this multifamily property located?
The property is located at 1000 Advance St San Marcos, TX.
What is the asking price?
The asking price for this property is $964,000.
What are key features of this property?
This property features: Multiple Income‑Generating Units: Includes 3 leased homes and an efficiency apartment, providing immediate rental income.; Large Lot with Development Potential: Four lots included, with potential for rezoning and further development.; Main Home with Spacious Layout: Features a sprawling floor plan with 3 bedrooms and 2 full baths.
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