San Marcos, TX Mixed-use Properties for Sale

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Updated: Oct 24, 2025

Mixed-Use Property with Adjacent Rentals

521 & 525 W Hutchison Street, San Marcos, TX 78666

$790,000

5,295 sqft 0.41 AC lot

Two adjoining properties at 521–525 W Hutchison St in San Marcos, including a commercial building and a multifamily unit
Multifamily at 525 W Hutchison St: Unit A is 3 bed/2 bath historically leased for $2,100/month
Multifamily at 525 W Hutchison St: Unit B is 5 bed/3 bath historically leased for $2,900/month
Commercial building at 521 W Hutchison St is zoned Mixed Use and offers adaptable office or retail space
Built in 2010 with metal roof, stucco and wood siding, and central electric HVAC

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This listing looks promising.

Here's a quick look at some key insights for

521 & 525 W Hutchison Street, San Marcos, TX 78666

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$71K
Annual
Price @ 7% Cap

$1.02M
Above asking
Property Type

Duplex
Built 1953

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Updated: Sep 2, 2025

Two-Story Historic Brick Corner Building

101 E Hopkins Street, San Marcos, TX 78666

$2,500,000

17,584 sqft 0.21 AC lot

Prime historic corner location on the San Marcos Town Square with direct frontage.
Flexible T‑5 zoning in the Central Business Area (CBA) allows for diverse mixed‑use development.
Large 17,584 sq ft historic brick building with redevelopment potential. Consider retail, office, residential, hospitality, or entertainment.
Qualifies for potential historic tax credits and development support as part of the Main Street Program.
High foot traffic location near restaurants, shops, entertainment, and Texas State University.

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Partially Leased Mixed-Use Property

715 W Hopkins Street, San Marcos, TX 78666

$1,750,000

4,814 sqft 0.94 AC lot

Two-building mixed-use asset with existing rental income and mostly white-box suites for efficient lease-up.

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San Marcos Mixed-Use Investment Opportunity

521 & 525 W Hutchison St, San Marcos, TX 78666

$790,000

0.41 AC lot

Two adjoining properties near Texas State University and Historic Downtown.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in San Marcos, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Braunfels Condo: Turn-Key Rental

2127 Hofstaat, New Braunfels, TX 78130

$289,900

1,284 sqft

Fully equipped condo in desirable New Braunfels location, ready for rental.

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Land Near Gruene For Sale

921 Gruene Rd, New Braunfels, TX 78130

$4,200,000

209,088 sqft 4.80 AC lot

Land less than a mile from Gruene, TX available.

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Landmark Site Development Opportunity

300 N Colorado St, Lockhart, TX 78644

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Mixed-use, commercial, hospitality, or industrial development opportunity in Central Texas.

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Lockhart Mixed-Use Development Opportunity

SEQ OF SH 130 & Maple Street, Lockhart, TX 78644

Contact for pricing

Planned mixed-use development site in Lockhart, Texas.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Downtown Character District Development Site

215 Cheatham Street, San Marcos, TX 78666

$325,000

0.19 AC lot

Infill commercial land totaling 0.191 acres with CD-5D zoning and 150+ feet of frontage at Cheatham & McKie.

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Land in San Marcos, TX

302 Linda DR, San Marcos, TX 78666

$149,950

Land available in San Marcos, Texas.

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IH-35 Frontage Commercial Land

2108 N Interstate 35, San Marcos, TX 78666

$179,620

1.00 AC lot

One-acre commercial lot with high visibility on IH-35.

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Highway Frontage Multifamily Development Opportunity

600 Northwest River Road, Martindale, TX 78655

$3,520,000

17.60 AC lot

17.6 acre tract suitable for multifamily development near San Marcos.

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Off-Market Properties in San Marcos, TX

Consider similar Off-Market properties in San Marcos, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Schools

302 Country Estates Dr, San Marcos, TX 78666

Value Estimation by Request

16,676 sqft 2.00 AC lot

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Day care centers

0 Tx-123, San Marcos, TX 78666

Value Estimation by Request

17.19 AC lot

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Retail properties & Spaces

2609 I-35, San Marcos, TX 78666

Value Estimation by Request

3,850 sqft

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Restaurants

512 Valley St, San Marcos, TX 78666

Value Estimation by Request

1,604 sqft 0.15 AC lot

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San Marcos, TX Mixed-Use Properties Market Trends and Statistics

Explore 8 mixed-use properties for sale in San Marcos, TX, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 27,693 square feet of properties for sale, with an estimated market value of $5,040,000.

Sale prices for multi use buildings in San Marcos, TX start at $790,000, averaging $1,680,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 88K

Population Growth (5Y) +10.7%

Median Household Income $55,478

College Educated 24.4%

High-Yield Neighborhoods for Investment

Identify San Marcos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
78666	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.76%

Property Tax per SF $33.58 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hays County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hays County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in San Marcos fall within the 100,000+ square foot range.

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San Marcos, TX Mixed-use Properties for Sale

521 & 525 W Hutchison Street, San Marcos, TX 78666

101 E Hopkins Street, San Marcos, TX 78666

715 W Hopkins Street, San Marcos, TX 78666

521 & 525 W Hutchison St, San Marcos, TX 78666