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813 Bracewood Circle 813 Bracewood Cir 4 Unit Apartment Building $470,000 ($117,500/Unit) 3.58% Cap Rate San Marcos, TX 78666
INVESTMENT HIGHLIGHTS
- Prime investment property featuring four units, each with two bedrooms and one bath.
- Close to downtown San Marcos with river access, parks, and hiking trails for tenant appeal.
- Easy access to IH-35 for commuters traveling to Austin, San Antonio, and surrounding areas.
- Highly desirable location just minutes from Texas State University and Crockett Elementary.
- Convenient proximity to shopping, dining, urgent care, and schools for everyday needs.
- Strong income potential for investors seeking portfolio growth or entry into real estate.
EXECUTIVE SUMMARY
Be sure to see this quadplex, featuring 4 units, each with 2 bedrooms and 1 bath. This property offers a prime investment opportunity in a highly sought-after location!
Ideal for students, families or professionals. Just a few minutes away from Texas State University and Crockett Elementary. Minutes from downtown San Marcos with river and park/hiking trail amenities. Conveniently close to shopping, fast food, restaurants, urgent care, and schools. Perfectly suited for tenants who need everything at their doorstep. Additionally, it's just a few minutes from IH 35, making it easy for commuters heading into Austin, San Antonio, and surrounding areas.
This property has great income potential, whether you're looking to expand your portfolio or get started in real estate.
Investors- don't let this one slip by! Schedule your showing.
Only Remarks: Please call in in advance for showings- 48 hours in advance would be ideal. There is a vacant unit available for preview, if necessary, but please note that the unit is in the make-ready process, as someone has recently moved out.
Ideal for students, families or professionals. Just a few minutes away from Texas State University and Crockett Elementary. Minutes from downtown San Marcos with river and park/hiking trail amenities. Conveniently close to shopping, fast food, restaurants, urgent care, and schools. Perfectly suited for tenants who need everything at their doorstep. Additionally, it's just a few minutes from IH 35, making it easy for commuters heading into Austin, San Antonio, and surrounding areas.
This property has great income potential, whether you're looking to expand your portfolio or get started in real estate.
Investors- don't let this one slip by! Schedule your showing.
Only Remarks: Please call in in advance for showings- 48 hours in advance would be ideal. There is a vacant unit available for preview, if necessary, but please note that the unit is in the make-ready process, as someone has recently moved out.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $470,000 | Apartment Style | Townhome |
| Price Per Unit | $117,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 3.58% | Building Size | 10,000 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1980 |
| Price | $470,000 |
| Price Per Unit | $117,500 |
| Sale Type | Investment |
| Cap Rate | 3.58% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1980 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer Hookup
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Views
- Pantry
- Porch
- Smoke Free
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Business Center
- Basketball Court
- Breakfast/Coffee Concierge
- Bicycle Storage
- Backup Power / Generators
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $847.50 | 807 |
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PROPERTY TAXES
| Parcel Number | R21923 | Improvements Assessment | $386,862 (2025) |
| Land Assessment | $83,520 (2025) | Total Assessment | $470,382 (2025) |
PROPERTY TAXES
Parcel Number
R21923
Land Assessment
$83,520 (2025)
Improvements Assessment
$386,862 (2025)
Total Assessment
$470,382 (2025)
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813 Bracewood Circle | 813 Bracewood Cir
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