550-556 Crest Circle Drive, San Marcos, TX 78666
Local realty services provided by:ERA Experts
550-556 Crest Circle Drive,San Marcos, TX 78666
$625,000
- - Beds
- - Baths
- 3,712 sq. ft.
- Multi-family
- Active
Listed by: andrew phillips
Office: andrew phillips, broker
MLS#:623894
Source:TX_FRAR
Price summary
- Price:$625,000
- Price per sq. ft.:$168.37
About this home
A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 4 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 and $156,250 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. This is 4 units, 2 buildings. The neighboring properties are also available (540-546 and 560-566).
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Home facts
- Year built:2012
- Subdivision & Development:Southridge Estates Ph #3
- Listing ID #:623894
- Added:54 day(s) ago
- Updated:November 11, 2026 at 03:45 PM
Rooms and interior
- Flooring:Combination
- Living area:3,712 sq. ft.
Heating and cooling
- Heating:Multiple Heating Units
Structure and exterior
- Roof:Composition, Shingle
- Year built:2012
- Building area:3,712 sq. ft.
- Lot area:1.73 Acres
- Construction Materials:Masonry
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Sewer:Aerobic Septic
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$168.37
Features and amenities
- Laundry features:Laundry Room
Parking
- Parking description:4 Car Garage
- Garage:Yes
- Garage spaces:4
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