San Marcos Homes with Subdivided Lot description

San Marcos Homes with Subdivided Lot description

Welcome to San Marcos, Texas, a vibrant city nestled between the bustling metropolises of Austin and San Antonio. Known for its rich history, stunning natural beauty, and a lively atmosphere, San Marcos is a hidden gem that offers a unique blend of small-town charm and big-city amenities. The city is renowned for the San Marcos River, where residents and visitors alike enjoy tubing, kayaking, and fishing, making it a perfect spot for outdoor enthusiasts.

San Marcos is also home to Texas State University, which infuses the area with youthful energy and cultural diversity. The city boasts an array of dining, shopping, and entertainment options, from quaint local boutiques to popular chain stores. With a thriving arts scene, numerous festivals, and a commitment to sustainability, San Marcos is a place where community spirit flourishes.

If you’re looking for a home that offers versatility and potential, San Marcos features properties with subdivided lots. These homes provide an excellent opportunity for those seeking to invest in real estate or create a multi-generational living space. With ample outdoor space, you can enjoy gardening, recreational activities, or even the possibility of building additional structures. The subdivided lots not only enhance your living experience but also offer the potential for future growth and development.

Whether you’re a first-time homebuyer, an investor, or looking to settle down in a family-friendly community, San Marcos is an ideal place to call home. Explore the possibilities that await you in this enchanting city, where your dream home is just around the corner!

Newest San Marcos Homes with Subdivided Lot description

540-566 Crest Circle Dr, San Marcos
$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

Start Your Search