Property summary
El Monty Apartments presents a compelling investment opportunity in the thriving San Marcos, Texas market. This 70-unit apartment complex boasts a desirable location less than two miles from Texas State University, the fourth largest university in Texas, and minutes from downtown San Marcos and the San Marcos River. Built in 1983, the property comprises two two-story garden-style buildings on a 2.495-acre lot, totaling 43,500 square feet. The complex features a mix of one-bedroom/one-bathroom… and two-bedroom/two-bathroom units, each equipped with individual HVAC and water heaters, wood-look plank flooring, updated black kitchen appliances, and outdoor closets. Interior finishes include two-tone paint, vertical and mini-blinds, and laminate countertops. Community amenities include a central courtyard with a pool, grilling area, and picnic tables, along with a management office and laundry room (not included in the unit count). The property currently enjoys 95.7% occupancy (as of October 1, 2024) and benefits from recent capital improvements including a new roof, painting, parking overlay, lighting, and signage. An attractive Freddie Mac loan assumption is available with a 3.40% interest rate, 30-year amortization, and a maturity date of May 2029. The approximate loan balance is $5,040,000. The property's proximity to major employers, abundant retail options, and popular attractions like the San Marcos River and Premium Outlets Mall, positions it for continued strong performance in a growing market. While the majority of units have been updated to a standard package, further upgrades could enhance rental rates, given the property's current affordability within the market. The balanced unit mix (57% one-bedroom and 43% two-bedroom units) caters to both student and workforce housing demands.
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
- 43,500 SF
- Lot area
- 2.5 ac
- Year built
- 1983
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
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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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- Full Property Data
- Historical Records
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- Alternative use
- Local Zoning Insight
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