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… Read More 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. Read Less
Property listed by Compass RE Texas, LLC 512-575-3644 (512) 575-3644
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Square Ft.
3,228
Lot Size
0.21 Acres
Year Built
1981
MLS Number
1083969
Additional Details
Building
Built in 1981, Stories: 2, 3,228 sqft living area, Masonry, Wood Siding, Two
Exterior Features
Balcony
Fence
Partial
Fireplaces
4 fireplaces, Stone
Foundation
Slab
Heating
Central
Interior Features
Breakfast Bar, Open Floorplan
Laundry
In Unit
Lot
0.2086 acres, Area: 0.2086, Sloped Down, Moderate Trees
Parking
Outside
Pets Policy
Negotiable
Property
4 units, Resale, Neighborhood
Roof
Composition
Sewer
Public Sewer
Taxes
Annual Amount: $9,721, Year: 2025
Utilities
Electricity Available, Phone Available, Water Connected
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