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540566 Crest Circle Dr San Marcos, TX 78666

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Twelve-unit residential portfolio in San Marcos, Texas, near Texas State.

Type:Multifamily
Property size:
11,136 SF
Added:
Feb 21, 2026
Days on Market:
41
Last Refresh:
Mar 17 at 1:16 pm

Property Features for 540566 Crest Circle Dr

General Information

Standard status
Active
Size
11,136 SF
Property subtype
Multifamily

Building Details

Year Built
2012

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Listing Contact
Andrew Phillips
Andrew Phillips

Listing agent Andrew Phillips License #672721

Listing office SRE Commercial

Listing date Feb 21, 2026

Source Crexi

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 SRE Commercial


Overview

San Marcos Multifamily Portfolio

This is a rare opportunity to acquire a stabilized, cash-flowing residential portfolio of twelve units in San Marcos, Texas. The portfolio consists of six duplex buildings with twelve contiguous units across three adjacent parcels. Built in 2012, the units are configured as two-bedroom, two-bathroom layouts. The location is in the heart of the San Marcos metro, near Texas State University, which has over 38,000 students. The property is positioned along the I-35 corridor between Austin and San Antonio, in a high-demand market. The gross rental income has grown every year since 2022 and is projected to increase in 2025. Current rents are below market comparables, representing upside as leases renew. Acquiring 12 units in a single transaction delivers immediate scale, operational efficiency, and a diversified income stream. The property benefits from consolidated vendors, portfolio insurance, and unified accounting, improving net cash flow. This portfolio represents outstanding value, well below replacement cost, with a proven rent history dating to 2022.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Travel Agency

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

Location Insight

  • Map
  • Local Demand
City
San Marcos
County
Hays
State
Texas
Longitude
-97.9593
Latitude
29.8666

FAQs

What type of property is this?
Duplex - Twelve-unit residential portfolio in San Marcos, Texas, near Texas State.
Where is this duplex located?
The property is located at 540566 Crest Circle Dr 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: Rare opportunity to acquire 12 units in a single transaction in a high‑demand Central Texas market.; Below replacement cost at $150,000 per door, significantly lower than new construction costs in San Marcos.; Proven income growth since 2022 with significant rental upside potential.
(830) 237-5356 Call to check price and availability
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