Active · MLS# 1083969

811 Bracewood Cir

San Marcos, TX, 78666

$575,000

0 Beds · 0 Baths · 3,228 SF · $178/SF

Fourplex investment opportunity approximately one mile from Texas State University with existing long-term rental income and an active short-term rental. Three of the four units are currently leased, while the fourth is operated as an Airbnb, offering a mix of traditional and short-term rental use in one property. Each unit features a 2-bedroom, 1-bath layout with an open living area, stone fireplace and kitchen with a breakfast bar. Depending on the unit, outdoor spaces include private entrances, balconies, a porch and patio areas, all surrounded by mature trees. Major improvements have already been completed, including a roof approximately two years old, remodeled kitchens and foundation work. Natural stone accents and wood siding give the two-story property plenty of character, while the setting offers views of the surrounding hills and wooded area. Located approximately one mile from Texas State University, 811 Bracewood offers convenient access by bike or car to campus, with downtown San Marcos, dining, shopping and recreation nearby. With four separate units, three existing long-term leases and an established short-term rental setup, this property offers multiple income streams and flexibility for an investor looking to add a multifamily property in San Marcos.

Property Details

Property type

Quadruplex

Living area

3,228 sq ft

Year built

1981

Lot size

0.2086 acres

Subdivision

Bracewood Sub

County

Hays

Annual taxes

$9,721

Schools

Elementary

Crockett

Middle

Miller

High

San Marcos

Features

Interior

Breakfast Bar · Open Floorplan

Exterior

Balcony

Flooring

See Remarks

Heating

Central

Cooling

Central Air

Views

Neighborhood

Listing courtesy of Chelsea Stobaugh, Compass RE Texas, LLC. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.