Property summary
Riverside Ranch, a 268-unit multifamily property in San Marcos, TX, presents a compelling value-add opportunity. This 170,936 square foot complex, built in 1987, sits on 12.24 acres and features 19 two-story buildings constructed of brick and plank siding with pitched roofs. Currently operating at 34.41% occupancy, the property offers a mix of 36 studio, 128 one-bedroom, and 104 two-bedroom units, totaling 372 beds. While currently rented on a per-bed basis, the property can also be rented… as individual units, catering to a diverse tenant base. Its location just over a mile from Texas State University, which boasts over 40,000 students (2024 enrollment), and convenient access to I-35, provides significant potential for increased occupancy. The property includes attractive amenities such as a pool, fitness center, clubhouse, basketball and tennis courts, gazebo, outdoor grills, and a shuttle service to the university. The property is zoned MF-24 and offers significant upside potential given its location, amenities, and the rapidly growing population in the area (projected 6% growth within 5 miles). This presents a unique chance to reposition this asset as either a traditional apartment complex or a thriving student housing community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
7 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 170,936 SF
- Lot area
- 12.24 ac
- Year built
- 1987
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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