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1000 Advance St San Marcos, TX 78666

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For Sale
$964,000

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

Lot size:
1.21 Acres

Property Features for 1000 Advance St

General Information

Property type
Investment
Standard status
Active
Lot size
1.21 Acres

Building Details

Year built
1900

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Listing Contact
Adrianne Craft
Source: Elliman

Listing Agency: Austin SW Listing Agent: Adrianne Craft

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

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Overview

San Marcos Multifamily Investment Opportunity

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.
Location Intelligence

Current Use by Public Records

Nameless Ashram Gym & Fitness Center

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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  • Local Demand
City
San Marcos
County
Hays
State
Texas
Longitude
-97.9585045
Latitude
29.8808628

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.
More about this property
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