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    1102-1104-1106 Academy St San Marcos, TX 78666

    For Sale
    $1,185,000

    Three remodeled homes zoned multifamily, located near Texas State University.

    Lot size:
    0.48 Acres

    Property Features for 1102-1104-1106 Academy St

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1975

    Source: Vance J. Elliott Agent Cari Patterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Homes Near University Campus

    This is an opportunity to own three individual homes zoned for multifamily use. The properties are located across from the Texas State University campus and near the San Marcos Rec Center. Remodeled in 2022, the units feature upgrades such as quartz counters and wood laminate floors in the bedrooms. Each home includes ceramic tile in the living areas, an open floor plan, and an in-unit washer and dryer. All homes have three bedrooms and two baths, as well as private decks. A private parking lot is available for residents. The properties are 100% occupied.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    San Marcos
    County
    Hays
    State
    Texas
    Longitude
    -97.9593
    Latitude
    29.8666

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    FAQs

    What type of property is this?
    Apartment building - Three remodeled homes zoned multifamily, located near Texas State University.
    Where is this apartment building located?
    The property is located at 1102-1104-1106 Academy St San Marcos, TX.
    What is the asking price?
    The asking price for this property is $1,185,000.
    What are key features of this property?
    This property features: - Zoned multi-family and located directly across from Texas State University campus.; - Three individual homes included in the sale.; - Remodeled in 2022 with new roofs, quartz counters, and wood laminate floors.
    (512) 423-0698
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1102-1104-1106 Academy St San Marcos, TX 78666
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