811 Bracewood Cir, San Marcos, TX 78666

$575,000
3,228
SqFt

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List Price
$575,000
Status
ACTIVE
Days on Market
7
MLS#
1083969
Subtype
Residential Income
Year Built
1981
Living Area
3,228
Lot Size
9,086
Acres
0.21
Subdivision
Bracewood Sub
Neighborhood
Bracewood Sub
MLS Area Major
Comal/Guadalupe/Gonzales, Kyle/Buda/San Marcos

Property Description

Fourplex investment opportunity approximately one mile from Texas State University with existing long-term rental income and an active short-term rental. Three of the four units are currently leased, while the fourth is operated as an Airbnb, offering a mix of traditional and short-term rental use in one property. Each unit features a 2-bedroom, 1-bath layout with an open living area, stone fireplace and kitchen with a breakfast bar. Depending on the unit, outdoor spaces include private entrances, balconies, a porch and patio areas, all surrounded by mature trees. Major improvements have already been completed, including a roof approximately two years old, remodeled kitchens and foundation work. Natural stone accents and wood siding give the two-story property plenty of character, while the setting offers views of the surrounding hills and wooded area. Located approximately one mile from Texas State University, 811 Bracewood offers convenient access by bike or car to campus, with downtown San Marcos, dining, shopping and recreation nearby. With four separate units, three existing long-term leases and an established short-term rental setup, this property offers multiple income streams and flexibility for an investor looking to add a multifamily property in San Marcos.

Additional Information

Amenities
Breakfast Bar, Open Floorplan
Interior Features
Breakfast Bar, Open Floorplan
Exterior Features
Balcony
Taxes
$9,720
Appliances
Free-Standing Range, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Masonry Partial, Wood Siding
Stories
2
Levels
Two
Roof
Composition
School District
SanMarcosCONSISD
Elementary School
Crockett
Middle School
Miller
High School
San Marcos

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Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 575-3644

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