512 Valley St San Marcos, TX 78666
This exceptional mixed-use property at 512 Valley St, San Marcos, TX 78666, presents a unique investment opportunity. Boasting 1,604 square feet on a 0.153-acre lot, this single-story building, constructed in 1991, offers a blend of commercial and residential space. Currently configured as a restaurant and apartment building, the property is zoned for mixed use, allowing for a variety of possibilities. The asking price is $325,000, translating to $202.62 per square foot. The property features four parking spaces, a significant advantage in a high-traffic area. Its central location near Texas State University and downtown San Marcos provides excellent visibility and accessibility. The permitted mixed-use zoning opens doors to diverse ventures, including short-term rentals and various commercial uses, making it an ideal choice for both seasoned investors and first-time buyers seeking a versatile property with high rental potential. This property is ready for your vision and offers a compelling return on investment. Seize this chance to own a piece of thriving San Marcos.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.