San Marcos Homes with Subdivided Lot description

San Marcos Homes with Subdivided Lot description

Welcome to San Marcos, Texas – a vibrant city that beautifully marries the charm of small-town living with the conveniences of urban life. Nestled in Hays County, San Marcos is renowned for its rich history, stunning natural landscapes, and a thriving cultural scene. With its picturesque rivers and lush parks, outdoor enthusiasts will find plenty of opportunities for hiking, fishing, and kayaking. The iconic San Marcos River flows through the heart of the city, offering a refreshing escape during the warm Texas summers.

San Marcos is also home to Texas State University, which infuses the city with youthful energy and a diverse community. This dynamic university town boasts a variety of local shops, restaurants, and entertainment options, ensuring there’s always something exciting happening. From farmers’ markets to live music events, the city’s calendar is filled with opportunities to connect with neighbors and celebrate local culture.

For those seeking a new home in this enchanting locale, consider the appeal of properties with subdivided lots. These homes not only provide ample space for your family but also offer the potential for future development or investment opportunities. Imagine the possibilities: creating your dream garden, building a guest house, or even developing additional rental properties. The flexibility of subdivided lots makes them an attractive choice for homeowners and investors alike.

Experience the best of San Marcos living, where stunning homes, a vibrant community, and endless opportunities await. Whether you’re looking to settle down or invest, San Marcos is a place where dreams can flourish. Come explore the possibilities today!

Newest San Marcos Homes with Subdivided Lot description

$1,800,000
4692656 MLS 78666 Zip Code
A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 12 units in a single transaction is exceedingly rare in Central Texas, delivering immediate scale, operational efficiency, and a diversified income stream from Day 1. All units share the same 2BR/2BA configuration, simplifying management, unit turns, and capital planning. San Marcos sits at the nexus of the I-35 corridor between Austin and San Antonio, home to 4 million+ residents and growing. Hays County has ranked among the fastest-growing counties in the nation for over a decade. Texas State University (38,000+ enrollment) anchors consistent renter demand, while proximity to Austin's tech economy and San Antonio's healthcare and military sectors add further depth. Proven Income, Four Consecutive Years of Growth Gross rental income has grown every year since 2022, from $151,541 to a projected $161,511 in 2025 (2.1% CAGR). Current rents remain $187 to $287/unit below market comparables of $1,350 to $1,450, representing meaningful upside captured organically as leases renew. $150,000 Per Door, Below Replacement Cost New construction in San Marcos routinely exceeds $200,000 per door. The buyer acquires stabilized, income-producing assets with existing tenants and management infrastructure. No construction risk, no lease-up period, no development timeline. Built in 2012 with a strong remaining useful life on all major systems. Twelve contiguous units across three adjacent parcels create exceptional leverage: one property manager, consolidated vendors, portfolio insurance, and unified accounting, all improving net cash flow versus scattered single-family rentals.

540-566 Crest Circle Dr, San Marcos

$850,000
3 Beds 2 Baths 5300815 MLS 78666 Zip Code
Ever wish you could enjoy peaceful Hill Country living without being too far from the city? Discover 504 & 506 Oak Grove—a rare opportunity just 20 minutes from grocery stores and downtown San Marcos, offering convenient access to shopping and restaurants, 30 minutes to Kyle, about 45 minutes to Austin-Bergstrom International Airport, and roughly 1 hour from San Antonio International Airport. Surrounded by rolling hills and abundant wildlife, this property offers privacy, flexibility, and endless potential—ideal for a hunter’s retreat, weekend escape, or the perfect setting to build your dream home. 504 Oak Grove sits at the top of the hill, offering elevated views, while 506 Oak Grove features a guest home with its own separate address. The property includes two storage containers, one equipped with a full water filtration system, water reserve tank, water softener, and updated piping completed in 2026. Car enthusiasts will appreciate the dedicated shop featuring a car lift and air compressor, along with two carports—one for each home. Enter through the private driveway and you’ll find 506 Oak Grove located to the left. The guest home is a manufactured home with plumbing and electrical already in place. Adding to the value and versatility, the survey has been subdivided for potential future sale or lease of the land. The homes share a driveway and well, while each benefits from its own separate septic system. The home has been staged and is available for purchase as is. With a rarely seen price per acre in this area, this Hill Country gem is a unique opportunity ready for its next owner.

506 Oak Grove Rd, San Marcos

$599,000
4 Beds 2 Baths 1168917 MLS 78666 Zip Code
Ask about $0 Down USDA Financing! Tucked away in the heart of the Hill Country, this incredible 11.13-acre San Marcos property offers the perfect blend of privacy, space, and functionality—without the restrictions of an HOA. Ideal for those craving a peaceful retreat or a versatile homestead, the land is dotted with mature trees, teeming with wildlife, and comes equipped with everything you need to live, work, and play. At the top of the private driveway sits the main residence at 504 Oak Grove, a charming home ready to make your own. Featuring three spacious bedrooms and a flex room, the layout flows effortlessly from the cozy living area into the kitchen and out to a peaceful back porch—ideal for morning coffee or evening sunsets. The primary suite is a true retreat, offering generous space and a serene atmosphere perfect for unwinding. A spacious workshop outfitted with a vehicle lift and air compressor makes it a dream for hobbyists or small business owners, and two additional storage units ensure there’s room for everything. A shared well with full filtration system provides clean, sustainable water, and the wide-open acreage invites you to roam, garden, expand, or simply enjoy the peaceful setting. Located just 15–20 minutes from essentials like H-E-B, retail, and Texas State University, this property is your chance to own a slice of Texas paradise—with space, serenity, and convenience all in one.

504 Oak Grove Rd, San Marcos

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