Income producing quadraplex near Texas State University in San Marcos! All units are 1 bedroom/1 bath. 100% occupied with leases through July 23, 2026. Total Rents a month is $3685. Great shape--well maintained and managed by the owner. All new water heaters in 2024. All HVAC systems replaced in 2021. Roof replaced in 2024. Bathrooms updated and remodeled in 2023. All units are identical with the exact floorplan, same paint color and same flooring. All have wood-like flooring with no carpet. NO HOA. Tenants pay all utilities On the Texas State bus route. Easy access to IH-35. This property has low operating overhead the owner only pays taxes, insurance and lawn maintenance. Also the property has efficient 31% expense ratio with stabilized occupancy.
Multi-familyProperty Type
1981Year Built
9,104 sq ftLot Size
$198Price/Sq.Ft.
Listed by Richard Clark• Clark Real Estate Agency
Contact: (512) 470-9955
Bought with Dave Bair• Berkshire Hathaway TX Realty
Income producing quadraplex near Texas State University in San Marcos! All units are 1 bedroom/1 bath. 100% occupied with leases through July 23, 2026. Total Rents a month is $3685. Great shape--well maintained and managed by the owner. All new water heaters in 2024. All HVAC systems replaced in 2021. Roof replaced in 2024. Bathrooms updated and remodeled in 2023. All units are identical with the exact floorplan, same paint color and same flooring. All have wood-like flooring with no carpet. NO HOA. Tenants pay all utilities On the Texas State bus route. Easy access to IH-35. This property has low operating overhead the owner only pays taxes, insurance and lawn maintenance. Also the property has efficient 31% expense ratio with stabilized occupancy.
Unlock MLS #3863253
Apr 17, 2026
Sold
*
Mar 13, 2026
Pending
—
Mar 12, 2026
Relisted
—
Mar 6, 2026
Pending
—
Mar 3, 2026
Listed
$399,000
$198/sq ft
RENTALBEAST #1
Apr 24, 2025
Rental Removed
$895
$0/sq ft
Apr 19, 2025
Listed for Rent
$895
$0/sq ft
Public Records
Sep 25, 2014
Sold
*
Unlock MLS #6277170
Sep 22, 2014
Sold
*
Aug 25, 2014
Pending
—
Aug 24, 2014
Price Changed
$207,495
$103/sq ft
Jun 1, 2014
Listed
$219,900
$109/sq ft
Great quadraplex near Texas State University in San Marcos! Great shape--well maintained by the owner/manager. Rents are $525 per month; 12-month leases; separate meters. Owner pays taxes and insurance and lawn maintenance only. Tenants carry renter's policy. Flooring is mixed between units: carpet in bedrooms and living, vinyl in bath and kitchen and one unit has wood laminate in living area. FEMA - Unknown
The MF-12 Multiple-Family Residential District is intended for development of multiple-family, apartment residences at not more than 12 units per acre. This district should be located adjacent to a major thoroughfare and may serve as a buffer between low or medium density residential development and nonresidential development or high-traffic roadways.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Public service
Educational/school
Park & open space
Jun 9, 2021 • Active
Hvac change out unit 4
Replace the HVAC condenser and stud mount air handler for unit four.
HVAC
May 5, 2021 • Active
Hvac change out unit 3
Replace a condenser and a stud mount wall air handler for unit 3.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking
Features: Parking Lot
Interior
Virtual Tour
Room Information
Room Types: Bathroom, Bedroom, Kitchen, Living Room
Equipment
None
Appliances: Dishwasher, Electric Oven, Range, Refrigerator, Range Hood
Interior Features
Window Features: Blinds
Flooring: Laminate, Vinyl
Other Features: Ceiling Fan(s), Laminate Counters
Multi Unit Information
# Of Units Total: 4
Multi Unit Financial Information
Total Rent: $3,685
Unit Type 1
Unit Number: 4
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Furnished Information: Unfurnished
Deposit: $500
Actual Rent: $820
Unit is Leased
Lease Expires: Thursday, July 23, 2026
Unit Type 2
Unit Number: 3
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Unfurnished
Deposit: $1,200
Pet Deposit is Per-Pet
Actual Rent: $975
Unit is Leased
Lease Expires: Thursday, July 23, 2026
Unit Type 3
Unit Number: 2
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Unfurnished
Deposit: $600
Actual Rent: $995
Unit is Leased
Lease Expires: Friday, July 31, 2026
Unit Type 4
Unit Number: 1
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Unfurnished
Deposit: $500
Actual Rent: $895
Yes
Lease Expires: Friday, July 31, 2026
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Composition
Construction Details: Wood Siding
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Patio, Porch, Balcony
Security Features: Smoke Detector(s)
Lot Information
Lot Size Area: 0.209
Lot Size Acres: 0.209
Lot Features: Near Public Transit
Property Information
Direction Faces: North
Foundation Details: Slab
Resale
Financial
Assessments and Fees
Assessed Value: $285,606
Tax Information
Annual Tax Amount: $5,902.33
Tax Year: 2025
Rental Information
Owner Pays: Insurance, Taxes
Pets Allowed Details: Cats OK, Dogs OK
Utilities
Utility Information
Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Heat Pump
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,012
Stories: —
Lot Size: 9,104 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1981
Year Renovated: 1981
County: Hays County
APN: R37300
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Travis Elementary School
Public K-5 • Assigned • 0.7mi
4/10
Miller Middle School
Public 6-8 • Assigned • 4.6mi
5/10
San Marcos High School
Public 9-12 • Assigned • 5.9mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 22 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
San Marcos, TX • 78666
Average low and high temperatures (°F)
60
40
71
48
82
57
82
63
87
66
92
74
92
74
97
74
93
71
89
65
78
55
69
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$382,000 – $463,000
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