28

San Marcos, TX Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /19

    $474,990

    • 6 Beds
    • 8 Baths
    • 2,760 Sq Ft

    120 Cedargrove Unit 120-122, San Marcos, TX 78666

    Income-producing duplex featuring Units 120 and 122, offering a strong opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Both units have demonstrated consistent rental demand and solid in-place income, creating immediate cash flow from day one, with recent leasing activity positioning the property for continued stability. Situated on a cul-de-sac

    Agent Photo

    James Johnson

    eXp Realty, LLC

    (512) 456-3425

    120 Cedargrove Unit 120-122, San Marcos, TX 78666
  • /35

    $355,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft

    1011 Hackberry St Unit A&B, San Marcos, TX 78666

    Are you looking for your next investment or for a property that will pay for itself? This may be the property that youare looking for! Multifamily residential. It features two units: one 2-bedroom/1-bath and one 1-bedroom/1-bath,offering a great opportunity for either an investor or a buyer. Fully leased and great income producing property. Greatopportunity for investor or buyer. Live

    Agent Photo

    Sherry Payne

    Keller Williams Advantage

    (737) 317-4923

    1011 Hackberry St Unit A&B, San Marcos, TX 78666
  • /20

    $399,000

    • 2,084 Sq Ft

    412 Craddock Ave, San Marcos, TX 78666

    Seize this opportunity to invest in a highly desirable area with a proven track record of rental income. Large lot offers each unit its own private backyard. Each unit includes covered parking with additional parking in the driveway. Unit 412 features a spacious 3 bedroom,1.5 bath and has been thoughtfully updated with new flooring, bathroom vanities, fixtures, and neutral paint throughout. Unit

    Troy Hoessly Home Team of America

    412 Craddock Ave, San Marcos, TX 78666
  • /17

    $395,000

    • 6 Beds
    • 8 Baths
    • 2,746 Sq Ft

    844-846 Sagewood Trail, San Marcos, TX 78666

    CASH FLOW! Student rental in San Marcos TX. Texas State University had its highest enrollment of 45,000+ students and growing each year! Properties like this duplex are in high demand. This duplex features 3 bedrooms and 3.5 bathrooms with washer dryer and fenced in yard on each side. Also each unit has a large 2 car garage. Hardie plank siding and vinyl hardwood floors help for low maintenance.

    Tyler Williams Land Up Realty & Investments

    844-846 Sagewood Trail, San Marcos, TX 78666
  • /10

    $449,000

    • 6 Beds
    • 8 Baths
    • 2,746 Sq Ft

    861-863 Sagewood Trail, San Marcos, TX 78666

    Here’s a great opportunity to own a well-designed duplex with two spacious units, each offering 3 bedrooms, 3.5 bathrooms, and a 2-car garage. The layout in both units features open concept living and kitchen areas that create a comfortable space for everyday living or entertaining. Each side also includes a dedicated in-unit laundry room and driveway parking in addition to the garage. There is

    David Edgerton All City Real Estate Ltd. Co

    861-863 Sagewood Trail, San Marcos, TX 78666
  • /40

    $1,499,999

    • 9 Beds
    • 7.5 Baths
    • 7,065 Sq Ft

    3424 S Old Bastrop Hwy, San Marcos, TX 78666

    This expansive 10+ acre property includes multiple residences and a workshop. House and rooms are labeled on top right of the pictures. ---- Main Home (3424 B): The primary residence features two living areas, a formal dining room, a breakfast nook, a sunroom, and a covered patio. Additional highlights include a spacious three-car garage, three bedrooms, two bathrooms, and an office/flex space.

    joshua calvo eXp Realty

    3424 S Old Bastrop Hwy, San Marcos, TX 78666
  • /24

    $399,000

    • 6 Beds
    • 8 Baths
    • 2,522 Sq Ft

    819/821 Sagewood Trail, San Marcos, TX 78666

    Investment Opportunity: 3 Bedrooms 3.5 Bath 2 Car Garage Duplex Near Texas State - Great for Students! This Duplex is nestled in a prime location in San Marcos, Texas, just 1.2 miles from away from Texas State University, and on the bus route. When roommates wants their own space and not share, this Duplex offers each tenant their own bathroom and closet on the 2nd floor. Downstairs they enjoy an

    Margaret Ennis TX Real Estate Brokers

    819/821 Sagewood Trail, San Marcos, TX 78666
  • /18

    $375,000

    • 4 Beds
    • 4 Baths
    • 2,190 Sq Ft

    1311 Barbara Dr Unit A, San Marcos, TX 78666

    Each side is a cute 2/2 with stained concrete floors. Roof put on in October of 2024. Granite and stainless appliances in the kitchens. Baths updated within last 7 years. Each side has a 1-car garage. Fully rented with long-term tenants. Priced below Hay County tax value, so taxes would go down even more. Great investment opportunity or live in one side and rent the other!

    Cindy Sympson Real Estate Services of Austin

    1311 Barbara Dr Unit A, San Marcos, TX 78666
  • /23

    $399,000

    • 2,046 Sq Ft

    318 Craddock Ave, San Marcos, TX 78666

    Nestled among trees in this Wonderful duplex by Texas State University. Has back patios on the units with a fenced backyard and front porches. Vinyl wood flooring on both units and lots of other updates in kitchen and baths. This unit stayed rented because of the location. Great neighborhood in Hughson Heights to enjoy walking or riding your bike. Both units have newer A/C units and a newer roof.

    Mary Evans Coldwell Banker D'Ann Harper,

    318 Craddock Ave, San Marcos, TX 78666
  • /40

    $324,900

    • 1,497 Sq Ft

    1026 Haynes St Unit 28, San Marcos, TX 78666

    Short-term rental capable duplex with a proven performance record in both short and long-term rental income! 3/1 side on month to month and 2/1 leased through end of July '26. Recently renovated and close to all the things that make San Marcos great; San Marcos River, Vista park, the downtown playscape and beyond. Central location boasts large, fully-fenced backyards with cross-fence between

    Justin Herbelin Anders Pierce Realty

    1026 Haynes St Unit 28, San Marcos, TX 78666
  • /40

    $964,000

    • 9 Beds
    • 6 Baths
    • 5,548 Sq Ft

    1000 Advance St, San Marcos, TX 78666

    Fascinating and unique property in San Marcos could be all yours! 4 lots with 3 homes + efficiency apartment offers tons of potential and opportunity. Fourth lot has recently been cleared off further as well. Currently zoned SF6 (single family), but could request rezoning. In-ground pool needs some TLC and you'll have your own oasis. Main home offers a sprawling floor plan with 3 bedrooms, 2 full

    Adrianne Craft Keller Williams Realty

    1000 Advance St, San Marcos, TX 78666
  • /23

    $366,300

    • 1,473 Sq Ft

    1101 Haynes St Unit 3, San Marcos, TX 78666

    Rare Opportunity to own 1 of 4 duplexes for sale - 8 total units - centrally located in San Marcos and just a half mile walk from the spring fed San Marcos River. PURCHASE 1 OR ALL 4!! These duplexes have all been recently renovated including interior and exterior paint, countertops, floors and fixtures + new HVAC and an exterior storage building. All units enjoy a fenced back yard, very

    Katie Molina Monica & Company Real Estate

    1101 Haynes St Unit 3, San Marcos, TX 78666
  • /11

    $315,000

    • 3 Beds
    • 3 Baths
    • 1,562 Sq Ft

    1018 Mead St, San Marcos, TX 78666

    Duplex for Sale Near Texas State University - House Hack Opportunity - Income-Producing Property - Student Housing Investment - San Marcos TXPrime investment opportunity just minutes from Texas State University, Downtown San Marcos, and the San Marcos River! This income-producing duplex at 1018 Mead St offers the perfect setup for investors, parents of incoming Texas State students, or buyers

    Andy Fisher Keller Williams Realty

    1018 Mead St, San Marcos, TX 78666
  • /11

    $1,760,000 New Construction

    • 8 Beds
    • 12 Baths
    • 1,710 Sq Ft

    313 Mill St, San Marcos, TX 78666

    Two two neighboring brand-new buildings located off Aquarena Springs Drive within ½ of I-35 to get to Austin orSan Antonio in less than an hour in either direction and being with ½ mile of Texas State provides easy access toamenities, entertainment, shopping, and work opportunities. Each ultra-modern unit has a thoughtfully designed floorplan consisting of two bedrooms plus

    Luisa Mauro Luisa Mauro Real Estate

    313 Mill St, San Marcos, TX 78666
  • /21

    $1,800,000

    • 11,136 Sq Ft

    540 Crest Circle Dr, San Marcos, TX 78666

    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

    Andrew Phillips Andrew Phillips, Broker

    540 Crest Circle Dr, San Marcos, TX 78666
  • /25

    $965,000

    • 11 Beds
    • 7 Baths
    • 4,456 Sq Ft

    1007 Earle St, San Marcos, TX 78666

    4 Single Family homes nestled in the coveted Westover neighborhood in San Marcos, TX. All properties are adjacent and occupy the corner of nearly an entire quarter "block" making this an exceptional investment opportunity with potential future infill development. Less than one mile to Prospect Park Trailhead for Purgatory Creek Nature Area, two blocks from Crockett Elementary and conveniently

    Michael Nolen Monica & Company Real Estate

    1007 Earle St, San Marcos, TX 78666
  • /18

    $395,000

    • 2,746 Sq Ft

    844 Sagewood Trail Unit 846, San Marcos, TX 78666

    CASH FLOW! Student rental in San Marcos TX. Texas State University had its highest enrollment of 45,000+ students and growing each year! Properties like this duplex are in high demand. This duplex features 3 bedrooms and 3.5 bathrooms with washer dryer and fenced in yard on each side. Also each unit has a large 2 car garage. Hardie plank siding and vinyl hardwood floors help for low maintenance.

    Tyler Williams Land Up Realty & Investments

    844 Sagewood Trail Unit 846, San Marcos, TX 78666
  • /11

    $359,010

    • 1,300 Sq Ft

    1017 Haynes St Unit 7, San Marcos, TX 78666

    Rare opportunity to own 1 of 4 duplexes for sale - 8 total units - centrally located in San Marcos and just a half mile walk from the spring fed San Marcos River. PURCHASE 1 OR ALL 4! These duplexes have all been recently renovated including interior an exterior paint, countertops, floors & fixtures + new HVAC and an exterior storage building. All units enjoy a large fenced back yard, very

    Katie Molina Monica & Company Real Estate

    1017 Haynes St Unit 7, San Marcos, TX 78666
  • /19

    $350,280

    • 1,273 Sq Ft

    1005 Haynes St Unit 7, San Marcos, TX 78666

    Rare Opportunity to own 1 of 4 duplexes for sale - 8 total units - centrally located in San Marcos and just a half mile walk from the spring fed San Marcos River. PURCHASE 1 OR ALL 4!! These duplexes have all been recently renovated including interior and exterior paint, countertops, floors and fixtures. All units enjoy a large fenced back yard, very desirable to today's renters, plus off street

    Katie Molina Monica & Company Real Estate

    1005 Haynes St Unit 7, San Marcos, TX 78666
  • /22

    $400,000

    • 6 Beds
    • 6 Baths
    • 3,144 Sq Ft

    921 Sagewood Trail Unit 923, San Marcos, TX 78666

    Welcome to 921–923 Sagewood Trail — a fantastic duplex opportunity in the heart of San Marcos, TX! Whether you're a savvy investor building your portfolio or an owner-occupant looking to offset your mortgage, this property delivers the perfect blend of location, lifestyle, and value. Each side features 3 spacious bedrooms, 2.5 baths, and a 2-car garage. One unit is currently occupied with a

    Karen Covey Goodwin Partners, Inc.

    921 Sagewood Trail Unit 923, San Marcos, TX 78666
  • /25

    $499,000

    • 6 Beds
    • 7 Baths
    • 2,538 Sq Ft

    806 Sagewood Trail Unit 808, San Marcos, TX 78666

    Looking to invest in a property with steady rental income and great potential for appreciation? This charming duplex conveniently located near Texas State University in San Marcos. Situated just moments away from the university with easy access to campus amenities, making it an ideal choice for students seeking convenient accommodation. Each unit features an open kitchen and living room layout on

    Nagajyothi Mailavaram REKonnection, LLC

    806 Sagewood Trail Unit 808, San Marcos, TX 78666
  • /12

    $294,900

    • 4 Beds
    • 4 Baths
    • 2,190 Sq Ft

    1309 Barbara Dr, San Marcos, TX 78666

    Investor opportunity in the heart of San Marcos! This well-located duplex offers strong rental appeal and a proven income history just minutes from Texas State University, major shopping centers, healthcare services, and public transportation. Each side of the property features a spacious 2-bedroom, 2-bathroom layout with a 1-car garage and covered outdoor living space, making it highly

    Holly Morris Compass RE Texas, LLC

    1309 Barbara Dr, San Marcos, TX 78666
  • /48

    $2,000,000

    • 7,396 Sq Ft

    527 W San Antonio St, San Marcos, TX 78666

    Attention investors seeking something truly unique and historic! Here’s an exceptional opportunity to own a piece of San Marcos history with this turn-of-the-century colonial 8-unit mansion located in the city’s historic district. This rare, multi-family–zoned property features eight distinct units, each offering its own kitchen, bedroom, and bathroom. The property showcases timeless

    Cari Patterson Vance J. Elliott

    527 W San Antonio St, San Marcos, TX 78666
  • /21

    $360,000

    • 6 Beds
    • 4 Baths
    • 1,992 Sq Ft

    108 Gm Ln, San Marcos, TX 78666

    Turnkey investment opportunity in one of Central Texas’ fastest-growing markets. Located in a welcoming and well-established community in San Marcos, this extremely well-maintained duplex offers the perfect blend of immediate income potential and long-term upside. Built in 2007, both units feature 3 bedrooms and 2 bathrooms, thoughtfully designed layouts, and hard surface flooring throughout for

    Clay Byrne Keller Williams Realty

    108 Gm Ln, San Marcos, TX 78666
  • /4

    $354,690

    • 1,200 Sq Ft

    1006-1008 Haynes St Unit 7, San Marcos, TX 78666

    Rare Opportunity to own 1 of 4 duplexes for sale - 8 total units - centrally located in San Marcos and just a half mile walk from the spring fed San Marcos River. PURCHASE 1 OR ALL 4!! These duplexes have all been recently renovated including interior and exterior paint, countertops, floors, new dishwasher and new roof, new hot water heater and updated fixtures plus a storage building. All units

    Katie Molina Monica & Company Real Estate

    1006-1008 Haynes St Unit 7, San Marcos, TX 78666
  • /37

    $990,000

    • 6,600 Sq Ft

    1009 Advance St Unit 1011, San Marcos, TX 78666

    Rare opportunity to own 3 cash flowing duplexes in the heart of San Marcos, TX! Current rent roll $8,330 with potential total rents $9,460. Each property features 2 very spacious 3-bedroom, 3-bathroom units, totaling six units across the portfolio with 4 of the six units having a fenced in yard. Less than one mile to Prospect Park Trailhead for Purgatory Creek Nature Area, half a mile from

    Michael Nolen Monica & Company Real Estate

    1009 Advance St Unit 1011, San Marcos, TX 78666
  • /14

    $459,900

    • 4 Beds
    • 6 Baths
    • 2,484 Sq Ft

    809-811 Perkins St, San Marcos, TX 78666

    This in an incredible opportunity to become the proud owner of custom-built duplex in this beautiful historic neighborhood in downtown San Marcos. The two residences are in good condition. This beautiful and spacious 2 story duplex has natural light, large yards with built-in decks, and is located just minutes from downtown San Marcos for convenience to restaurants, shopping, and the university

    Ava Garcia Keller Williams Realty

    809-811 Perkins St, San Marcos, TX 78666
  • /15

    $989,500

    • 5,238 Sq Ft

    414 Henk Ln, San Marcos, TX 78666

    Portfolio Investment Property! 5+Acres With 7 rental incomes Potential to extend, being 2 homes, manufactured home, RV, and a triplex. Just outside of San Marcos with easy access to Hwy 123. County property with mature trees and partially fenced, home is six years old, and triplex four years old. Both have metal roofs, slab foundation, and all siding surrounding. Triplex are 1,050 sqft each, 2

    Yesenia Rizo Century 21 Integra

    414 Henk Ln, San Marcos, TX 78666

Why Live in San Marcos

The crystal-clear San Marcos River flows through the heart of this Central Texas city, maintaining a constant 72-degree temperature year-round and creating endless opportunities for tubing, swimming, and kayaking. Texas State University brings a youthful energy to San Marcos, with Bobcat games at Bobcat Stadium and performances at the Performing Arts Center drawing crowds throughout the year. The historic downtown square buzzes with live music at venues like the legendary Cheatham Street Warehouse and The Marc, while local dining spots such as Palmer's Restaurant Bar & Courtyard and Root Cellar Cafe serve up Texas Hill Country cuisine. Nature flourishes at the 1,000-acre Purgatory Creek Natural Area and Five Mile Dam Park, where residents enjoy hiking trails and picnic areas along the riverbank.

The San Marcos housing market features a diverse range of options. The median single-family home price in San Marcos is $365,000, with neighborhood prices varying significantly. Downtown San Marcos commands a median price of $384,900 for single-family homes, while Rio Vista presents more affordable options at $220,000. One-bedroom condos have a median price of $192,400, while two-bedroom condos typically sell for $375,200. Townhomes in San Marcos have a median price of $386,900.

San Marcos maintains a cost of living 11% below the national average. A family with school-age children needs approximately $94,000 annually to live comfortably, while renters require about $49,000. Property taxes in Hays County stand at 1.73%, higher than neighboring Comal County at 1.21%. The city has no state income tax, and the combined sales tax rate is 8.20%. Groceries cost 6.6% below the national average, and gas prices average $3.097 per gallon. The public Jack C. Hays High School earned an A minus rating, while the private San Marcos Academy received an A plus rating across all grade levels. Texas State University adds educational opportunities and cultural depth to the community.

Home Trends in San Marcos, TX

Housing Trends

Median Sale Price
$362,500
Median Single Family Sale Price
$384,995
Median Townhouse Sale Price
$379,000
Median 2 Bedroom Sale Price
$359,000
Median 1 Bedroom Sale Price
$154,700
Average Price Per Sq Ft
$211
Number of Homes for Sale
512
Last 12 months Home Sales
1,132
Months of Supply
5.40
Median List Price
$405,995
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-9%
How to Buy a Home How to Finance a Home How to Sell a Home