San Marcos Homes with Subdivided Lot description

San Marcos Homes with Subdivided Lot description

Located in Hays County, Texas, San Marcos is a vibrant city with a rich history and a promising future. Situated in the heart of the Lone Star State, San Marcos offers a unique blend of small-town charm and big-city amenities. As one of the fastest-growing cities in the country, it has become a popular destination for families, professionals, and students alike.

San Marcos is home to Texas State University, which brings a youthful energy to the city and contributes to its thriving arts and culture scene. The city is also known for its beautiful natural landscapes, with the San Marcos River winding through the heart of town, providing opportunities for water recreation and relaxation.

For those looking to settle down in San Marcos, homes with subdivided lots are a popular choice. This type of property allows homeowners to enjoy the benefits of a larger lot, while also having the option to sell or develop a portion of the land. Whether you're looking to build an additional dwelling, create a private garden oasis, or simply enjoy the extra space, homes with subdivided lots offer flexibility and potential.

With its convenient location, affordable housing options, and strong sense of community, San Marcos is an ideal place to call home. Whether you're a nature lover, a history buff, or someone seeking a vibrant and welcoming city, San Marcos has something for everyone. Come and discover the charm and opportunities that this Texas gem has to offer.

Newest San Marcos Homes with Subdivided Lot description

$1,800,000
4692656 MLS 78666 Zip Code
A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 12 units in a single transaction is exceedingly rare in Central Texas, delivering immediate scale, operational efficiency, and a diversified income stream from Day 1. All units share the same 2BR/2BA configuration, simplifying management, unit turns, and capital planning. San Marcos sits at the nexus of the I-35 corridor between Austin and San Antonio, home to 4 million+ residents and growing. Hays County has ranked among the fastest-growing counties in the nation for over a decade. Texas State University (38,000+ enrollment) anchors consistent renter demand, while proximity to Austin's tech economy and San Antonio's healthcare and military sectors add further depth. Proven Income, Four Consecutive Years of Growth Gross rental income has grown every year since 2022, from $151,541 to a projected $161,511 in 2025 (2.1% CAGR). Current rents remain $187 to $287/unit below market comparables of $1,350 to $1,450, representing meaningful upside captured organically as leases renew. $150,000 Per Door, Below Replacement Cost New construction in San Marcos routinely exceeds $200,000 per door. The buyer acquires stabilized, income-producing assets with existing tenants and management infrastructure. No construction risk, no lease-up period, no development timeline. Built in 2012 with a strong remaining useful life on all major systems. Twelve contiguous units across three adjacent parcels create exceptional leverage: one property manager, consolidated vendors, portfolio insurance, and unified accounting, all improving net cash flow versus scattered single-family rentals.

540-566 Crest Circle Dr, San Marcos

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