811 Bracewood Circle

San Marcos, TX 78666
$575,000
3,228 sqft
beds
baths

Description

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 Type: Multifamily - Quadruplex
MLS Status: Active
MLS: 1083969
Year Built: 1981
County: Hays
Tract or Division: Bracewood Sub
List Date: 08/16/2026
Area: HS
Square Feet: 3,228
Total Beds:
Full Baths:
Half Baths:
Acres: 0.21
Lot Size (sqft): 9,086

800.451.8055

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Interior Features

 
Fireplace:
  • Stone
  • Number of fireplaces: 4
Floor Coverings:
  • SeeRemarks
Appliances:
  • FreeStandingRange
  • Refrigerator

Exterior Features

 
Parking:
  • Outside
Lot Description:
  • SlopedDown
  • ModerateTrees
Roof Type:
  • Composition
Yard/Grounds:
  • Balcony
Siding:
  • Masonry
  • WoodSiding
Foundation:
  • Slab
Fencing:
  • Partial

Utilities

 
Heating/Cooling:
  • Central
Utilities:
  • ElectricityAvailable
  • PhoneAvailable
  • WaterConnected

Additional Property Details

 
Listing Agent: Chelsea Stobaugh
Broker: Compass RE Texas, LLC
Amenities:
  • BreakfastBar
  • OpenFloorplan
Community:
  • None
Listed by: Chelsea Stobaugh, Compass RE Texas, LLC
Phone: 512.575.3644

Location

Schools

School Name Grades Admission
Crockett Elementary School KG - 5 Regular
San Marcos High School 9 - 12 Regular
Bonham PreKindergarten School PK - PK Regular
Miller Middle School 6 - 8 Regular
4 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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