540-566 Crest Circle Drive, San Marcos, TX 78666

San Marcos
Local realty services provided by:ERA Experts
540-566 Crest Circle Drive,San Marcos, TX 78666
$1,800,000
Virtual Tour
  • - Beds
  • - Baths
  • 11,136 sq. ft.
  • Multi-family
  • Active
Listed by: andrew phillips
Office: andrew phillips, broker
MLS#:605135
Source:TX_FRAR

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$161.64

About this home

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,...

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Home facts

  • Year built:2012
  • Subdivision & Development:Southridge Estates Ph #3
  • Listing ID #:605135
  • Added:173 day(s) ago
  • Updated:August 13, 2026 at 02:12 PM

Rooms and interior

  • Living area:11,136 sq. ft.

Heating and cooling

  • Cooling:3 Units, Heat Pump
  • Heating:Heat Pump, Multiple Heating Units

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:2012
  • Building area:11,136 sq. ft.
  • Lot area:5.19 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Sewer:Aerobic Septic

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$161.64

Features and amenities

  • Appliances:Water Heater

Parking

  • Parking description:2 Car Garage
  • Garage:Yes
  • Garage spaces:2
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than ERA Experts include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated August 13, 2026

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