811 Bracewood Cir,San Marcos, TX 78666
San Marcos, TX 78666
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.
Details
| MLS # | 1083969 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 14 |
| Listing Provided By | Compass RE Texas, LLC | Chelsea Stobaugh |
Features
| SQ Feet | 3,228 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.21 |
| Water Front | Yes |
| Property View | Neighborhood |
Interior
| Interior Features | Breakfast Bar, Open Floorplan |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Free-Standing Range, Refrigerator |
| Fireplace Features | Stone |
| Fireplaces Total | 4 |
| Window Features | None |
| Flooring | See Remarks |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Composition |
| Foundation Details | Slab |
| Lot Features | Sloped Down, Trees-Moderate |
| Patio And Porch Features | See Remarks |
| Fencing | Partial |
| Construction Materials | Masonry – Partial, Wood Siding |
Parking
| Parking Features | Outside |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | Electricity Available, Phone Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 9720 |
|---|
Area Information
| State | TX |
|---|---|
| County | Hays |
| City | San Marcos |
| Zip Code | 78666 |
| Area | HS |
| Community Name | Bracewood Sub |
| School District | SanMarcosCONSISD |
| Elementary School | Crockett |
| High School | San Marcos |
| Listing VS Median (in Bracewood Sub) | |
Price: $575,000 low | high Med: $575,000 sqft: 3,228 low | high Med: 3,228 $ / sqft: $178 low | high Med: $178 On site: 14 low | high Med: 14 | |
Market Activity 78666
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 30, 2026 at 9:15:20 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Hays |
| City | San Marcos |
| Zip Code | 78666 |
| Area | HS |
| Community Name | Bracewood Sub |
| School District | SanMarcosCONSISD |
| Elementary School | Crockett |
| High School | San Marcos |
| Listing VS Median (in Bracewood Sub) | |
Price: $575,000 low | high Med: $575,000 sqft: 3,228 low | high Med: 3,228 $ / sqft: $178 low | high Med: $178 On site: 14 low | high Med: 14 | |
 | $350,000800 N BishopSan Marcos, TX 78666 |
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