— bed, — bath on 0.30 acres in San Marcos. San Marcos, TX 78666. $3,500,000.
About This Home
Nestled in the heart of the vibrant San Marcos community, this multifamily rental property presents an exceptional opportunity for seasoned investors and newcomers alike. With its prime location, modern amenities, attractive features and year built of 2020, "R Squared" offers the perfect blend of comfort, convenience, and investment potential. Each unit is thoughtfully designed to provide residents with a comfortable and contemporary living experience. From spacious floor plans to stainless kitchen appliances and stylish finishes, tenants will feel right at home in these inviting spaces. Situated in the San Marcos downtown area, this property enjoys proximity to major attractions, educational institutions such as Texas State University, bustling shopping centers, and recreational hotspots. Whether you're targeting young professionals, students, or families, the diverse range of unit sizes caters to various tenant preferences, ensuring high occupancy rates and steady cash flow.
- Property Type
- Commercial Sale
- Year Built
- 2020
- Lot Size
- 0.30 acres
Listing information last updated September 25, 2026.
Listed by Monica & Company Real Estate
MLS# 1874787 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Vinyl
- Heating
- Central,Electric
- Cooling
- Central Air,Electric
Exterior & Lot
- Stucco
- Slab
- Lot Size
- 0.30 Acres
- Stories
- 3
- Alley Access
- On Site
- Parking Lot
- Unpaved
Financial
- Original List Price
- $3,500,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 140 S Fredericksburg ST, whoever represented it.
- ActiveListed 2026Current price: $3,500,000Original list: $3,500,000MLS 1874787
- Listed · September 22, 2026$3,500,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,500,000
- Original list
- $3,500,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 22, 2026 · 24 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,832,609
- Assessment Year
- 2025
- Year Built
- 2019
- Parcel ID
- 11-7500-1600-00200-3
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,832,609 | $326,200 | $1,506,409 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($700K)
Adjustable assumption - not a lending recommendation.
$3,500,000
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Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$3,500,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
24 days
Original to current
No verified reduction
$3.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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