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

San Marcos
Local realty services provided by:Better Homes and Gardens Real Estate Winans
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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2012
  • Listing ID #:4692656
  • Updated:July 25, 2026 at 03:14 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
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID <Last Updated July 25, 2026. UnLock MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. UnLock MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of UnLock MLS.

New listings near 540-566 Crest Circle Dr