811 Bracewood Cir, San Marcos, TX, 78666 - MLS# 1083969

$575,000

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Sqft 3,228
Acres 0.21
Property Type Residential Income
Heating Central
Parking Outside
Year Built 1981
Stories 2
Cooling Central Air
Days on Market 55
Garages 0

About 811 Bracewood Cir

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.

Location

Legal Description BRACEWOOD SUBD LOT 15 GEO#90211810
Address 811 Bracewood Cir
County Hays
City San Marcos
Zip Code 78666
Subdivision Bracewood Sub
School District SanMarcosCONSISD
MLS Area HS

Size and Restrictions

Acres 0.21
Lot Description Sloped Down, Moderate Trees
Horses Allowed No
$/Acre $2,756,472

Improvements

Parking Outside
Fence Partial
Exterior Features Balcony

Features

View Neighborhood
Water Access None

Utilities

Water Public
Utilities Electricity Available, Phone Available, Water Connected

Amenities

Area Amenities None

Beds and Baths

Primary on Main No

Other Rooms

Other Rooms Bathroom, Bedroom, Kitchen, Living Room, Primary Bedroom
Kitchen Appliances Free-Standing Range, Refrigerator
Laundry Facilities In Unit

Heating and Cooling

Heating Central
Air Conditioning Central Air
Fireplaces Stone

Interior Features

Flooring See Remarks
Features Breakfast Bar, Open Floorplan
Disability None

Building Information

Square Feet 3,228
Year Built 1981
# of Stories 2
Building Faces Southwest
Construction Masonry, Wood Siding
Foundation Slab
Roof Composition

Property Features

Exterior Features Balcony

Garage and Parking

Garage No
Parking Outside

Financial

$/Sq Ft $178
$/Acre $2,756,472
$/Unit $143,750
Special Conditions NoRestrictions
Documents Available Aerial
Disclosures None

Property Taxes

Appraisal District Hays
Estimated Taxes $9,721
Tax ID 1107500000015003
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 575-3644

Listing Map

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