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813 Bracewood Circle 813 Bracewood Cir 4 Unit Apartment Building $656,082 CAD ($164,021 CAD/Unit) 3.58% Cap Rate San Marcos, TX 78666

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INVESTMENT HIGHLIGHTS

  • Minutes away from Downtown and San Marcos River
  • Close to shopping, fast food, restaurants, urgent care, and schools

EXECUTIVE SUMMARY

Be sure to see this quadplex, featuring 4 units, each with 2 bedrooms and 1 bath. This property offers a prime investment opportunity in a highly sought-after location!
Ideal for students, families or professionals. Just a few minutes away from Texas State University and Crockett Elementary. Minutes from downtown San Marcos with river and park/hiking trail amenities. Conveniently close to shopping, fast food, restaurants, urgent care, and schools. Perfectly suited for tenants who need everything at their doorstep. Additionally, it's just a few minutes from IH 35, making it easy for commuters heading into Austin, San Antonio, and surrounding areas.
This property has great income potential, whether you're looking to expand your portfolio or get started in real estate.
Investors- don't let this one slip by! Schedule your showing.
Only Remarks: Please call in in advance for showings- 48 hours in advance would be ideal. There is a vacant unit available for preview, if necessary, but please note that the unit is in the make-ready process, as someone has recently moved out.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $656,082 CAD
Price Per Unit $164,021 CAD
Sale Type Investment
Cap Rate 3.58%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Townhome
Building Class C
Lot Size 0.21 AC
Building Size 3,228 SF
Average Occupancy 75%
No. Stories 2
Year Built 1980

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Bay Window
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Pantry
  • Porch
  • Smoke Free
  • Vinyl Flooring

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Basketball Court
  • Breakfast/Coffee Concierge
  • Bicycle Storage
  • Backup Power / Generators

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 10 $1,183 CAD 807

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R21923
Land Assessment
$117,242 CAD (2025)
Improvements Assessment
$543,061 CAD (2025)
Total Assessment
$660,303 CAD (2025)
  • Listing ID: 38438220

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 813 Bracewood Cir, San Marcos, TX 78666

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