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Property profile & analytics
FOR SALE
Multifamily properties

1000 Advance St San Marcos, TX 78666

Built 1900
Property ID
US83-1729918
Property summary
AI-generated overview

Fascinating and unique property in San Marcos could be all yours! 4 lots with 3 homes + efficiency apartment offers tons of potential and opportunity. Fourth lot has recently been cleared off further as well. Currently zoned SF6 (single family), but could request rezoning. In-ground pool needs some TLC and you'll have your own oasis. Main home offers a sprawling floor plan with 3 bedrooms, 2 full baths and multiple storage and flex areas. All three secondary units have had refreshed finishes and are all leased. Front deck of the main home offers stellar views. All units currently leased! Investor special with great rental and further development potential! Efficiency apartment leased month-to-month @ $895 - 1009 Hiilyer leased through 6/2026 @ $1,850 - 1001 Hillyer leased through 6/2026 @ $2,200 - 1000 Advance (main home) leased through 12/2025 @ $1,900. bikeScore: 26, Somewhat Bikeable walkScore: 12, Car-Dependent

Property profile
Verified
Property type Multifamily properties
Year built 1900
UPID US83-1729918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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