Hays County, TX Multifamily 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.

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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: Jun 12

Multifamily Compound with Workshop

310 Eagles Nest DR, Wimberley, TX 78676

$1,400,000

4,493 sqft 5.47 AC lot

Diversified income potential from multiple rental units with a total gross rental potential of $9200/month.
Energy efficiency with owned solar panels on the duplex and a 20,000‑gallon rainwater collection system.
Substantial 2,400 SF insulated workshop with high‑power electric, suitable for commercial use.
Hill Country views and Certified Wildlife Habitat designation.
Additional buildable land provides opportunity for future expansion.

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San Marcos Multifamily Investment Opportunity

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

$1,800,000

11,136 sqft 5.19 AC lot

Rare 12-unit portfolio in high-demand Texas market near universities.

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San Marcos Multifamily Investment Opportunity

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

$1,800,000

11,136 sqft 5.19 AC lot

Portfolio of 12 units in high-demand Texas market.

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Well-Maintained Quadplex Investment

801 Bracewood Cir, San Marcos, TX 78666

$500,000

3,228 sqft 0.21 AC lot

A built-1983 quadplex with four 2-bedroom, 1-bath units and an income-producing residential layout.

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Unrestricted Commercial Building with Parking

16870 N Highway 123, San Marcos, TX 78666

$550,000

2,000 sqft 0.43 AC lot

Unrestricted 2,000 SF building on 0.43 acres with asphalt parking and an existing MH/RV hookup area behind.

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Duplex with Four-Bay Garage

5205 Hudson Bend Road, Austin, TX 78734

$799,000

0.70 AC lot

Two separate two-bedroom units with private entrances plus an oversized four-bay garage set on about 0.7 acres.

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1601 Royal Crest Dr, Austin, TX

1601 Royal Crest Dr, Austin, TX 78741

$9,500,000

436,656 sqft 20.52 AC lot

REO Sale: 20.52 Acre Austin Redevelopment Site

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Mixed-Use Live-Work Property

512 Valley Street, San Marcos, TX 78666

$250,000

1,604 sqft 0.29 AC lot

Mixed-use zoning supports a live-work setup with options including short-term rentals and restaurant use.

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Modern Duplex with Private Yards

402 JOANNE LOOP, Buda, TX 78610

$490,000

2,748 sqft 0.19 AC lot

A 2018-built duplex offering two 3-bedroom units, each with garages and fenced backyards for flexible occupancy.

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Duplex with Two 2BR Units

2012 Cody Court, Austin, TX 78704

$625,000

1,904 sqft

Two-unit duplex offering separate 2-bedroom, 1-bath living spaces with convenient access to central Austin and the airport.

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Duplex Near Texas State University

318 Craddock Avenue, San Marcos, TX 78666

$399,000

2,046 sqft 0.25 AC lot

Updated duplex near Texas State University with fenced backyard.

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San Marcos Multifamily Investment Opportunity

1000 Advance Street, San Marcos, TX 78666

$964,000

5,548 sqft 1.21 AC lot

Unique San Marcos property with multiple homes and development potential.

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San Marcos Multifamily Portfolio

540566 Crest Circle Dr, San Marcos, TX 78666

$1,800,000

11,136 sqft

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

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Gated Quadplex with Pool Area

1901 Crossing Place #3203, Austin, TX 78741

$252,000

3,938.00 AC lot

Gated quadplex with covered parking and shared living spaces, plus utilities and Google Fiber included via HOA.

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Renovated Duplex Income Property

1005/1007 Haynes Street, San Marcos, TX 78666

$350,280

1,273 sqft 0.28 AC lot

Renovated duplex income property with fenced back yards and off-street parking, offering multiple units for lease through 2025.

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Land Near Texas State University

175 Eastwood Ln, San Marcos, TX 78666

$5,999,000

37 sqft 37.00 AC lot

Land near university and planned developments, ideal for multifamily housing.

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Renovated Duplex Portfolio

1017/1019 Haynes Street, San Marcos, TX 78666

$359,010

1,300 sqft 0.28 AC lot

Four renovated duplexes totaling eight units, each with fenced backyards and off-street parking.

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Hill Country Ranch Event Retreat

1218 Oakwood Loop, San Marcos, TX 78666

$2,500,000

2,300 sqft 24.00 AC lot

A hand-built log cabin ranch with chapel and outdoor event spaces, supported by on-site amenities for guests and horses.

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San Marcos Duplex For Sale

1101/1103 Haynes Street, San Marcos, TX 78666

$366,300

1,473 sqft 0.29 AC lot

Recently renovated duplex near San Marcos River. Great investment opportunity.

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Austin Live-Work Mixed Use Property

15310 Storm Dr, Austin, TX 78734

$1,200,000

1,600 sqft

Mixed-use property with apartments and commercial spaces near Lake Travis.

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Renovated Duplex Multi-Family

1006/1008 Haynes Street, San Marcos, TX 78666

$354,690

1,200 sqft 0.28 AC lot

Renovated duplex income property with fenced backyards and off-street parking in San Marcos.

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South Austin Fourplex with Yards

3454 Willowrun Dr, Austin, TX 78704

$599,000

588 sqft

Four 1-bedroom units with yards near South Austin amenities.

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San Marcos Duplex Investment Opportunity

1026 Haynes Street, San Marcos, TX 78666

$324,900

1,497 sqft 0.21 AC lot

Short-term rental capable duplex near Texas State University.

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Hays County, TX Multifamily Properties Market Trends and Statistics

Explore 90 multifamily properties for sale in Hays County, TX, showcased through 90 active listings on our real estate platform. These investment opportunities span a total of 543,966 square feet of properties for sale, with an estimated market value of $47,423,029.

Sale prices for multifamily properties in Hays County, TX start at $224,900, averaging $1,437,061, and reaching up to $9,500,000 — 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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