14-Unit Multifamily in San Marcos, TX
Hays County, TX · listed Sep 25, 2026 (33 days)
- $/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.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
San Marcos, TXNew | $2.24M | $373K$373K | — |
Stabilized | $950K | $158K$158K | 5.3% |
San Marcos, TXStabilized | $1.29M | $92K$92K | — |
San Marcos, TXStabilized | $1.8M | $150K$150K | 6.8% |
Staples, TXNewStabilized | $650K | $108K$108K | — |
New Braunfels, TXNewNew construction | $2M | $67K$67K | — |




