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12-Unit Multifamily Property
For Sale
$1,800,000

540-566 Crest Circle Drive, San Marcos, TX 78666

Residential, San Marcos, TX

Property Size11,136 SF
Lot Size5.19 Acres
Price / SF$161.64
Days on Market183

Property Features for 540-566 Crest Circle Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Appliances WaterHeater
Subdivision Southridge Estates Ph #3
Lot features Item510 Acres, Outside City Limits
Elementary school district Navarro ISD
Middle school district Navarro ISD
High school district Navarro ISD
Directions Take I-35 S and Center Point Rd to Pauls Dr, turn left on Crest Drive Circle.
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
Legal 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

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 Composition, Shingle
Architectural style Other
Listing Agency: Andrew Phillips, Broker
Listed By: Andrew Phillips · License #0672721
Added: Feb 20 Changed: Aug 20 Last Checked: Aug 22 at 9:06AM
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 multifamily property comprises 12 units with a uniform two-bedroom, two-bathroom configuration. The buildings contain 11,136 square feet on 5.19 acres and were built in 2012. Brick and HardiplankType construction, composition shingle roofing, heat-pump heating and cooling, water heaters, and aerobic septic service are included. Existing tenants and management infrastructure are in place across the property.

The units are contiguous across three adjacent parcels at 540-566 Crest Circle Drive in San Marcos, Texas. The property is positioned along the I-35 corridor between Austin and San Antonio, with Texas State University reporting enrollment of more than 38,000 students. Consolidated ownership across the parcels supports unified vendor, insurance, accounting, and property-management administration.

Key Highlights

  • 12 units with a consistent 2BR/2BA configuration
  • 11,136 square feet on 5.19 acres
  • Twelve contiguous units span three adjacent parcels

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Locksmith Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - All residences feature a consistent two-bedroom, two-bathroom layout for streamlined management and unit turnover.
Where is this multifamily property 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: 12 units with a consistent 2BR/2BA configuration; 11,136 square feet on 5.19 acres; Twelve contiguous units span three adjacent parcels
More about this property
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