104-Unit Apartment
For Sale
Contact for pricing
518 Linda Dr, San Marcos, TX 78666
Recent roof and siding replacement accompany significant vacancy and interior renovation needs.
Property SizeContact for details
Days on Market144
Property Features for 518 Linda Dr
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Classen Realty Group
Listed By:
Mitchell Classen · License #TX694437
(512) 971-3415
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:50AM
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 Classen Realty Group
Investment Insights
Based on property information with market context.
The Sutton Apartments comprise 104 units with current occupancy below 20%. The roof and siding were replaced within the last three years. Interior renovation work remains to be completed in vacant units, and the property is positioned for further repositioning. The source information also identifies the possibility of adding units, subject to due diligence and applicable approvals.
Located at 518 Linda Dr on the East Side of I-35 in San Marcos, the property sits one block from the interstate. Downtown San Marcos Square is less than a 7-minute drive away, while Texas State University is under 10 minutes by car. Shopping, public transportation, the San Marcos River, and Tanger Outlet Mall are also identified in the surrounding area. Hill Country Studios, an 800,000 square foot film studio, is under development nearby.
Located at 518 Linda Dr on the East Side of I-35 in San Marcos, the property sits one block from the interstate. Downtown San Marcos Square is less than a 7-minute drive away, while Texas State University is under 10 minutes by car. Shopping, public transportation, the San Marcos River, and Tanger Outlet Mall are also identified in the surrounding area. Hill Country Studios, an 800,000 square foot film studio, is under development nearby.
Key Highlights
- 104 apartment units with current occupancy below 20%
- Roof and siding replaced within the last three years
- Interior renovations identified for vacant units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 78666, TX
86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Recent roof and siding replacement accompany significant vacancy and interior renovation needs.
Where is this apartment building located?
The property is located at 518 Linda Dr San Marcos, TX.
What are key features of this property?
This property features: 104 apartment units with current occupancy below 20%; Roof and siding replaced within the last three years; Interior renovations identified for vacant units
