$598,000
$52K PRICE DROP

Estimated payment $4,285/month

Total Views 7,409
8 Beds
4 Baths
3,228 Sq Ft
$185 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Front Porch
  • 2 Fireplaces
  • Balcony
  • Breakfast Bar

About This Home

This well-maintained multi-unit property is located in the desirable area of San Marcos, Texas. The building consists of four spacious 2-bedroom, 1-bathroom units, each fully rented out with reliable tenants. This income-generating property offers a fantastic opportunity for investors looking to expand their portfolio investment.Key Features:4 units, each with 2 bedrooms and 1 bathroomAll units are currently occupied with long-term tenantsEach unit includes a fully equipped kitchen, spacious living areas, and private bathroomsAmple parking space for residentsLocated in a peaceful neighborhood with easy access to local amenities, schools, and transportationSolid rental history, making it a great investment opportunity2024 Tax dropped to $9,400

Listing Agent

Salim Salem

Central Metro Realty Brokerage Phone: (512) 609-9862 License #0731659 Listed on: 03/14/2025

Central Metro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,402

Year Built

  • Built in 1983

Lot Details

  • 9,104 Sq Ft Lot
  • East Facing Home
  • Back Yard Fenced

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,228 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Aluminum Window Frames
  • Living Room
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Schools

  • Crockett Elementary School
  • Miller Middle School
  • San Marcos High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1107500000014003

Community Details

Overview

  • No Home Owners Association
  • Bracewood Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,402

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1983
  • Direction Faces: East
  • Directions: Follow I-35 S to S I-35 South Frontage Rd in San Marcos. Take exit 204B from I-35 S Merge onto I-35 S Take exit 204B toward C M Allen Pkwy Take the ramp onto S I-35 South Frontage Rd Take Riverside Dr, E Hopkins St and Burleson St to Bracewood Cir
  • Disclosures: Seller Disclosure
  • Fencing: Back Yard
  • Fireplaces: 2
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: Two
  • Living Area: 3228
  • Other Equipment: Gas Dryer Hookup, Washer Hookup
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 609-9862
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12401.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Mix: 2/1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_FireplaceYN: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)
  • View: None
  • Flooring: Vinyl
  • Fireplace Features: Gas Log
  • Accessibility Features: None
  • Appliances: Convection Oven, Dishwasher, Dryer, Gas Cooktop, Oven, Refrigerator, Water Heater
  • Property Condition: Resale
  • Security Features: Fire Alarm
  • Window Features: Aluminum Frames
  • Dining Room Type: Primary Bedroom, Bedroom, Bathroom, Kitchen, Laundry, Living Room
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit

Beds/Baths

  • Full Bathrooms: 4
  • Bedrooms: 8

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Foundation: Slab
  • Patio And Porch Features: Deck, Front Porch
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Gas Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Crockett
  • High School: San Marcos
  • Middle/Junior School: Miller
  • Junior High Dist: San Marcos CISD

Lot Info

  • Lot Features: Back Yard
  • Parcel Number: 1107500000014003
  • Lot Size Acres: 0.209
  • Lot Size Sq Ft: 9104.04
  • Subdivision Name: Bracewood Sub

Rental Info

  • Owner Pays: Taxes
  • Total Actual Rent: 4823
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Wood Siding, Stone
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12401.57
  • Tax Map Number: 14
  • Tax Filled Sqft Total: 3228
  • Tax Rate: 1.96700000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,402 $470,382 $83,780 $386,602
2024 $12,402 $630,097 $83,780 $546,317
2023 $10,387 $546,092 $83,780 $462,312
2022 $9,491 $463,155 $71,000 $392,155
2021 $7,140 $323,940 $54,620 $269,320
2020 $7,255 $329,174 $54,620 $274,554
2019 $8,175 $332,076 $36,410 $295,666
2018 $4,978 $201,310 $36,410 $164,900
2017 $4,840 $201,310 $36,410 $164,900
2016 $4,134 $171,930 $18,210 $153,720
2015 $4,149 $171,930 $18,210 $153,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $598,000 -7.9% $185 / Sq Ft
03/14/2025 03/14/25 Price Changed $649,500 -0.1% $201 / Sq Ft
03/14/2025 03/14/25 Price Changed $649,999 +99901.4% $201 / Sq Ft
03/14/2025 03/14/25 For Sale $650 -- $0 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Vendors Lien -- Independence Title Company
Warranty Deed -- Independence Title Company
Vendors Lien -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Commercial
Previous Owner $385,000 Commercial
Previous Owner $175,000 New Conventional
Previous Owner $143,000 Purchase Money Mortgage
Source: Public Records

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