For Sale Multi-Family MLS# ACT1083969

811 Bracewood Cir

San Marcos, TX 78666

$575,000

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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.

Property details

Property

Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1981
Stories
Two
Living area
3,228 sqft
Price / sqft
$178
Lot
0.2086 AC / 9,086 SF
Original price
$575,000
MLS #
1083969

Interior

Features
Breakfast Bar, Open Floorplan
Appliances
Free-Standing Range, Refrigerator
Heating
Central
Cooling
Central Air
Fireplaces
4
Laundry
In Unit

Exterior & lot

Features
Balcony
Roof
Composition
Foundation
Slab
Lot
Sloped Down, Trees-Moderate
Fence
Partial
View
Neighborhood
Parking
Outside

Schools

District
SanMarcosCONSISD
Elementary
Crockett
Middle
Miller
High
San Marcos

Utilities

Utilities
Electricity Available, Phone Available, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$9,721
Tax year
2025
Parcel
1107500000015003
Legal
BRACEWOOD SUBD LOT 15 GEO#90211810
Special conditions
Standard

Location

Subdivision
Bracewood Sub
County
Hays
Directions
From Hopkins take a right on Bishop, Right on Prospect, Left at Bracewood Circle

Location

Neighborhood
Bracewood Sub

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Listed by Chelsea Stobaugh, Compass RE Texas, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.