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$975,000
6 Beds ⋅ 3 Baths ⋅ 9472973 MLS ⋅ 78666 Zip Code
Unlike commodity commercial or residential assets, this property is likely to appeal most strongly to a buyer with a specific vision for adaptive reuse or experiential-oriented development. The existing improvements, combined with the site’s natural setting and utility infrastructure, create potential for a wide range of uses subject to buyer due diligence and municipal approvals. The existing structure is older but has undergone recent updates. Historically, the property functioned in a group-house/fraternity-style capacity, and the current layout may lend itself to concepts such as lodging, boutique hospitality, retreats, event-oriented use, group living, wellness-oriented programming, or other adaptive-reuse opportunities. Prospective purchasers should independently verify any intended use with the appropriate governmental authorities, including zoning, floodplain regulations, parking requirements, building code compliance, fire/life-safety standards, and permitting considerations. Utility availability represents another major advantage of the property. For many river-oriented hospitality or experiential uses - including bed & breakfast concepts, event facilities, retreat accommodations, restaurant use, glamping, RV-oriented concepts, or group housing - existing utility infrastructure can significantly reduce development barriers, timelines, and upfront capital requirements.

1801 Uhland Rd Unit CR161, San Marcos
$325,000
1452132 MLS ⋅ 78666 Zip Code
Investment Opportunity – Updated Duplex in a Quiet San Marcos Location. Don't miss this hidden gem in San Marcos, conveniently located near Wonder World Park. This well-maintained duplex features two 2-bedroom, 1-bath units, making it an excellent investment or owner-occupant opportunity. Situated on a private driveway in a quiet, secluded setting, the property has seen numerous recent updates, including a new roof (2025), new exterior paint (2025), and no carpet throughout for easy maintenance. Unit B was extensively remodeled in 2025 and features include Wood-look flooring throughout, Granite kitchen countertops, Updated fixtures, and Fresh interior paint. Unit A is currently available for rent at $1,350 per month, offering immediate income potential or the perfect opportunity for an owner to occupy one unit while renting the other. This unit also features fresh interior paint, wood-look flooring and a welcoming front deck. Whether you're looking to expand your investment portfolio or purchase a home with rental income potential, this move-in-ready duplex offers flexibility, recent updates, and a desirable location in San Marcos. Also next door there duplex lot available for sale.

1103 Hillyer St Unit A/B, San Marcos
$1,000,000
4 Beds ⋅ 2 Baths ⋅ 3463150 MLS ⋅ 78666 Zip Code
Serene & Peaceful Hill Country residence on 5.01 acres! It all starts with the convenient entry through the wrought iron, solar powered, electric gate & asphalt driveway. The hardest work on the land has been done! It is mostly mower ready by rock removal, relocated & stacked, forming borders around numerous Live Oaks scattered around the property. Other aspects include: some landscaping & flowerbeds, fully fenced acreage & a cross fenced back yard which is high-fenced, with multiple gates of various widths, to protect plantings or future garden. Two 305 gal. rain collection cisterns are present to provide untreated water for plants. A larger rain collection cistern, in the back corner, can be utilized to capture additional runoff from the shop. Other exterior features include: 40 x 30 workshop/2nd garage has work benches, storage racks, 2 entry doors & 2 roll-up doors (1 electric, 1 manual). Rock well house with 2800 gal. cistern & treated water. Multiple parking & turnaround areas. Backyard fire pit. The TX Limestone rock house has a metal roof, 2361 sqft, 4br, 2ba & an office. The living room features a TX Limestone rock fireplace with raised hearth, mantle, propane gas logs & glass enclosure. The kitchen has granite counters, ample cabinet space, pantry, center island, breakfast bar, stainless steel appliances & an on-demand hot water option. Spacious main suite offers tray ceilings, back porch door & an extra mini-split system for those who enjoy a cooler sleeping environment. The main bath has different height dual vanities, his & her closets, separate shower & garden tub. Opposite end has Br 3 & 4 and Ba 2. The covered back porch has 2 access points. Horses are allowed in this equestrian neighborhood with bridle paths. Low Hoa dues. Abundant storage.

209 Cascade Trl, San Marcos
$599,000
5500794 MLS ⋅ 78666 Zip Code
Updated 4 plex in the heart of San Marcos. Each unit is a 2/1 with washer and dryer hook ups in each unit. The lower levels have a private fenced in patio. Each unit has a 2 car parking space out front. Easily rented and lots of action for this amazing San Marcos area.

608 Bracewood Cir, San Marcos
$140,000
2 Beds ⋅ 2 Baths ⋅ 6706199 MLS ⋅ 78666 Zip Code
Nice condo with easy access to the university. Great investment opportunity. Generate revenue by renting to college students. Two bedroom suites, common room, and kitchen. Your TXST student can stay in one side while you rent out the other side.

1624 Aquarena Springs Dr Unit A102, San Marcos
$800,000
2 Baths ⋅ 5276499 MLS ⋅ 78666 Zip Code
Unbelievable Historic building, likely the oldest in San Marcos according to Francis Stovall built in 1878 originally on Guadalupe Street. Moved and brought to commercial code in 1988 at this location. One block from County Courthouse square 4 blocks from TX State campus. Zoned Downtown Character District 5 calls for numerous potential commercial mix uses, retail, office, residential, short term rental and more. Moving building again opens up additional possibilities for this location.

321 S Lbj, San Marcos
$1,450,000
3812960 MLS ⋅ 78666 Zip Code
This expansive 10+ acre property includes multiple residences and a workshop. House and rooms are labeled on top right of the pictures. ---- Main Home (3424 B): The primary residence features two living areas, a formal dining room, a breakfast nook, a sunroom, and a covered patio. Additional highlights include a spacious three-car garage, three bedrooms, two bathrooms, and an office/flex space. ---- House C (located directly behind the main home): This home offers a covered patio, a large living area, a shared kitchen and dining space with a small laundry space. It includes three bedrooms and two bathrooms. ---- House D (newest home, located on the far right side of the property): Designed with a welcoming foyer, this home opens into a centrally located living room. It also features a dining area, kitchen, laundry room with access to a two-car garage, and a covered patio. The layout includes three bedrooms, three full bathrooms, and one half bath. ---- Workshop: A versatile two-room workshop with its own covered patio. The asphalt slab has an RV connection with water, power and septic to support 2 RVs. ---- Property notes: Each home has it's own fiber internet line, and the back 8 acres are under AG exemption. ---- Appliances: Dishwasher, Free-Standing Gas Range, Gas Water Heater, Microwave, Stainless Steel Appliance(s) All appliances are electric. Water/Heating/AC is electric as well, with option to move to gas but not currently using gas, Interior Features: Crown Molding, Open Floorplan, Pantry, Workshop, Parking Features: Asphalt, Attached, View: Panoramic, Rural, Water Source: Public, Tax Rate: 1.52, Unit 1Furnished: Unfurnished, Unit 2Furnished: Unfurnished, Unit 3Furnished: Unfurnished

3424 S Old Bastrop Highway, San Marcos
$305,500
1703120 MLS ⋅ 78666 Zip Code
Great Duplex walk to TSU. Located in a cul-de-sac! Both sides 2 bedrooms 1 bathroom, with large private fenced yards! Recently updated side B with granite counters, new bathroom tub and tiles. All new lighting. New doors and harware, new AC side A, newer AC side B. Duplex is a great investment!

128 Coers Cir, San Marcos
$149,000
3 Beds ⋅ 2 Baths ⋅ 4924824 MLS ⋅ 78666 Zip Code
Move-in ready 3-bedroom, 1.5-bath Upstairs condo just minutes from downtown San Marcos and Texas State University! This well-cared-for second-floor unit offers a spacious, light-filled layout with durable, easy-to-maintain flooring throughout—no carpet anywhere. Enjoy comfortable bedrooms, a functional kitchen, plenty of natural light, and main bedroom has private covered deck overlooking community garden. Ideal for students, first-time buyers, or investors, perfectly located near shopping, dining, and public transit. HOA dues include Outside Maintenance, Trash, Water, Sewer, and Electric. Don’t miss out on this fantastic opportunity!

203 S Mitchell St St Unit 4, San Marcos
$4,250,000
8 Beds ⋅ 11 Baths ⋅ 5490662 MLS ⋅ 78666 Zip Code
Large estate on 38.9 acres. Completely fenced with a 12-foot game fence and grand rock entrance. Live the life of luxury in this almost 9,000 sqft of living space with 8 bedrooms 8 full baths and 3 half baths. Custom built in every nook and cranny with Texas stone, hardwood, and granite cabinetry. Two large fireplaces, swimming pool, outdoor basketball court, indoor RV parking garage, indoor and an outdoor bar with complete catering setup, or just relax in your own private movie theatre. Other outdoor amenities include dog kennels, livestock pens, barns, and sheds. Large backyard area - fully fenced with wrought iron fencing. Gorgeous Views and beautiful sunsets right from your oversized covered porch. Super unique feature - your own private natural cave that you can explore! Centrally located in the heart of Texas Hill Country right next to the Wimberley Junction on R12 and FM 32. Estate is at the end of the gated subdivision of Trails End Ranch. Less than 30 minutes to Canyon Lake, Wimberley, San Marcos, or New Braunfels. Looking for country living near the big cities? You are less than an hour away from Austin or San Antonio! This is the Texas Hill Country Ranchette you have been waiting for!

761 Allison Ln, San Marcos