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. 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.
Property Details
- Interior
- See Remarks
- Cooling
- 1
- Heating
- Multiple Heating Units
- Cooling Features
- Three Or More Units
- Acres
- 0.0
- Square Feet
- 3712.0
- Lot Size (sqft)
- 1.73
- Parking
- 1
- Parking Spaces
- 4
- Parking Type
- Garage
- Parking Garage Spaces
- 4.0
- Parking Carport Spaces
- 0.0
- Property Type
- Purchase
- Style
- Traditional
- Property Subtype Additional
- Quadruplex, Multi Family
- Year Built
- 2012
- Foundation
- Slab
- Roof
- Composition, Shingle
- Sewer Information
- Aerobic Septic
- Utility Source
- Community Coop
- Utility Features
- Electricity Available
- Appliances
- Other, See Remarks, Range
- Subdivision
- Southridge Estates Ph #3
- School District
- Navarro Isd
- County
- Guadalupe
- Region
- San Marcos
- Original List Price
- $625,000
- Days on Market (Cumulative)
- 4
- MLS #
- 623891
- Property Subtype
- Quadruplex
- Fence
- 1
- Parcel Number
- 116092
- MLS #
- 623891
- Property Condition
- Resale
- Date Listed
- August 28, 2026
- Address
- 540 Crest Circle Drive
Location
Legal
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Provided By
Listed by Andrew Phillips (#phillipsa4098)
Listing Office: Andrew Phillips, Broker (#4004)
