MULTIFAMILYRADAR
14-Unit Multifamily in San Marcos, TX, photo 1
$3,500,000

14-Unit Multifamily in San Marcos, TX

Hays County, TX · listed Sep 25, 2026 (33 days)

Price per unit compared
This property$250K
Within ~40 mi (93)$125K
Texas median (1,196)$92K
$/unit
$250,000
▲ 171% vs TX · 91st pct
Cap rate
4.2%
▼ 3.2 pts vs TX median
NOI
$146K
$10,418/unit/yr
Units
14
2 bldg · 2020

Financials

Asking price
$3,500,000
Price per unit
$250,000
Price per sq ft
$315
Gross rent / year
Not stated
Net operating income
$145,851
NOI per unit
$10,418
Cap rate
4.2%
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
14
Unit mix
Not stated
Buildings
2
Year built
2020
Building size
11,124 sq ft
Avg unit size
795 sq ft
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Sep 25, 2026
Days on market
33 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1352

About this property

Nestled in the heart of the vibrant San Marcos community, this multifamily rental property presents an exceptional opportunity for seasoned investors and newcomers alike. With its prime location, modern amenities, attractive features and year built of 2020, "R Squared" offers the perfect blend of comfort, convenience, and investment potential. Each unit is thoughtfully designed to provide residents with a comfortable and contemporary living experience. From spacious floor plans to stainless kitchen appliances and stylish finishes, tenants will feel right at home in these inviting spaces. Situated in the San Marcos downtown area, this property enjoys proximity to major attractions, educational institutions such as Texas State University, bustling shopping centers, and recreational hotspots. Whether you're targeting young professionals, students, or families, the diverse range of unit sizes caters to various tenant preferences, ensuring high occupancy rates and steady cash flow.

Downtown San Marcos 14-Unit Apartment Community

Location

Approximate area. The exact address is shared on request.

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