540-566 Crest Circle Dr, San Marcos, TX 78666

San Marcos
Local realty services provided by:Better Homes and Gardens Real Estate Hometown
Listed by: andrew phillips
Office: andrew phillips, broker
MLS#:4692656
Source:ACTRIS
540-566 Crest Circle Dr,San Marcos, TX 78666
$1,800,000
  • - Beds
  • - Baths
  • 11,136 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,800,000
  • Price per sq. ft.:$161.64

About this home

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 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, Four Consecutive Years of Growth Gross rental income has grown every year since 2022, from $151,541 to a projected $161,511 in 2025 (2.1% CAGR). Current rents remain $187 to $287/unit below market comparables of $1,350 to $1,450, representing...

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Home facts

  • Year built:2012
  • Subdivision & Development:Southridge Estates Ph #3
  • Listing ID #:4692656
  • Updated:September 25, 2026 at 03:16 PM

Rooms and interior

  • Living area:11,136 sq. ft.

Structure and exterior

  • Year built:2012
  • Building area:11,136 sq. ft.
  • Lot area:5.19 Acres
  • Lot Features:Level, Subdivided
  • Construction Materials:Brick, HardiPlank Type

Schools

  • High school:Navarro
  • Elementary school:Navarro

Utilities

  • Sewer:Aerobic Septic

Finances and disclosures

  • Price:$1,800,000
  • Price per sq. ft.:$161.64
  • Tax amount:$34,322 (2025)

Features and amenities

  • Appliances:See Remarks

Parking

  • Garage:Yes
  • Garage spaces:12
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