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$238,800
2 Beds ⋅ 1 Baths ⋅ 1575847 MLS
Ideally situated just minutes from Texas State University, this charming 2-bedroom, 1-bath home offers the perfect blend of convenience, character, and lifestyle. Enjoy easy access to campus, Downtown San Marcos, local restaurants, coffee shops, shopping, and entertainment. Popular destinations including Industry, Mochas & Javas, Cafe Cortado, and the vibrant Downtown Square are all just moments away. Inside, you'll find hardwood floors and an open-concept kitchen featuring a center island, creating a functional and inviting space for everyday living. Step outside to a spacious 12' x 10' back deck, complete with a privacy fence—perfect for relaxing, entertaining, or enjoying the peaceful surroundings. The property is shaded by mature trees soaring over 20 feet tall, providing exceptional natural beauty and welcome relief during the Texas summer months. With quick access to IH-35, nearby recreation along the San Marcos River, and strong owner-occupant or rental appeal, this home is an excellent opportunity in one of San Marcos' most convenient locations.

517 W Martin Luther King Dr, San Marcos

Listing courtesy of Elite Realty Advisors. Contact: (512) 813-0213
$238,800
2 Beds ⋅ 1 Baths ⋅ 615223 MLS
Ideally situated just minutes from Texas State University, this charming 2-bedroom, 1-bath home offers the perfect blend of convenience, character, and lifestyle. Enjoy easy access to campus, Downtown San Marcos, local restaurants, coffee shops, shopping, and entertainment. Popular destinations including Industry, Mochas & Javas, Cafe Cortado, and the vibrant Downtown Square are all just moments away. Inside, you'll find hardwood floors and an open-concept kitchen featuring a center island, creating a functional and inviting space for everyday living. Step outside to a spacious 12' x 10' back deck, complete with a privacy fence—perfect for relaxing, entertaining, or enjoying the peaceful surroundings. The property is shaded by mature trees soaring over 20 feet tall, providing exceptional natural beauty and welcome relief during the Texas summer months. With quick access to IH-35, nearby recreation along the San Marcos River, and strong owner-occupant or rental appeal, this home is an excellent opportunity in one of San Marcos' most convenient locations.

517 W Martin Luther King Drive, San Marcos

Listing courtesy of Elite Realty Advisors. Contact: (512) 813-0213
$250,000
602120 MLS
Perfect investment for business or homestead! Centrally located home with Mixed Use Zoning close to TX State University and Downtown. Make this your new home. Or other uses approved are short term rentals, specific commercial on bottom with loft apartments, Restaurants among many others. The possibilities are endless.

512 Valley Street, San Marcos

Listing courtesy of Real Broker, LLC. Contact: (855) 450-0442
$250,000
4 Beds ⋅ 1 Baths ⋅ 602111 MLS
Perfect investment or homestead. Centrally located home with mixed used zoning close to Texas State University and downtown. Make this your new home or other uses approved are short term rentals, specific commercial on bottom with loft apartments, and restaurants among many others. The possibilities are endless!

512 Valley Street, San Marcos

Listing courtesy of Real Broker, LLC. Contact: (855) 450-0442
$2,000,000
7690763 MLS
Attention investors seeking something truly unique and historic! Here’s an exceptional opportunity to own a piece of San Marcos history with this turn-of-the-century colonial 8-unit mansion located in the city’s historic district. This rare, multi-family–zoned property features eight distinct units, each offering its own kitchen, bedroom, and bathroom. The property showcases timeless architectural charm with wrap-around porches that enhance its character and curb appeal. Tenant parking is available in a private lot located at the rear of the property, along with an on-site laundry room, adding convenience and value for residents. Ideally situated within walking distance to the downtown square, the property provides easy access to San Marcos’ premier dining, shopping, and entertainment options. The property is 100% leased through Summer 2026 and benefits from a strong, proven rental history, making it a stable, income-producing investment. Opportunities like this—combining history, location, and functionality—are exceptionally rare. The actual date of construction is unknown but is believed to be prior to 1940. Buyer offers and proof of funds are required prior to showings. DO NOT DISTURB TENANTS. Inquire today to learn more and make this historic gem part of your investment portfolio.

527 W San Antonio St, San Marcos

Listing courtesy of Vance J. Elliott. Contact: (512) 353-3002
$2,000,000
554083 MLS
Attention investors seeking something truly unique and historic! Here’s an exceptional opportunity to own a piece of San Marcos history with this turn-of-the-century colonial 8-unit mansion located in the city’s historic district. This rare, multi-family–zoned property features eight distinct units, each offering its own kitchen, bedroom, and bathroom. The property showcases timeless architectural charm with wrap-around porches that enhance its character and curb appeal. Tenant parking is available in a private lot located at the rear of the property, along with an on-site laundry room, adding convenience and value for residents. Ideally situated within walking distance to the downtown square, the property provides easy access to San Marcos’ premier dining, shopping, and entertainment options. The property is 100% leased through Summer 2026 and benefits from a strong, proven rental history, making it a stable, income-producing investment. Opportunities like this—combining history, location, and functionality—are exceptionally rare. The actual date of construction is unknown but is believed to be prior to 1940. Buyer offers and proof of funds are required prior to showings. DO NOT DISTURB TENANTS. Inquire today to learn more and make this historic gem part of your investment portfolio.

527 W San Antonio Street, San Marcos

Listing courtesy of Vance J. Elliott. Contact: (512) 353-3002