550-556 Crest Circle Drive, San Marcos, Texas

Description

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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Directions: Take I-35 S and Center Point Rd to Pauls Dr, turn left on Crest Drive Circle.