— bed, — bath on 0.41 acres in San Marcos. San Marcos, TX 78666. $790,000.
About This Home
An outstanding opportunity to acquire two adjoining properties in the heart of San Marcos—just a short walk from Texas State University and the Historic Downtown Square. This package includes a commercial building at 521 W Hutchison St and a multifamily property at 525 W Hutchison St, combining steady rental income with exceptional long-term potential. The commercial building zoned Mixed Use (521 W Hutchison St) features adaptable office or retail space with excellent street visibility, convenient parking, and flexible layouts—ideal for professional services, creative businesses, or boutique retail users. Next door, the multifamily property (525 W Hutchison St) includes two well-performing rental units: Unit A: 3 bed, 2 bath - historically leased for $2,100/month. Unit B: 5 bed, 3 bath - features two refrigerators and two washer/dryer sets, historically leased for $2,900/month. Both units have shown strong occupancy and appeal to students and young professionals seeking proximity to campus and downtown amenities. Together, 521–525 W Hutchison St presents an attractive investment with diverse income streams, walkable convenience, and redevelopment potential under the city’s accommodating downtown zoning. Whether for an investor seeking dependable returns or an owner-user looking for a mixed-use asset with upside, this offering stands out as a rare opportunity in one of San Marcos’s most desirable locations.
Two adjoining properties at 521 and 525 W Hutchison Street in San Marcos present a rare mixed-use investment opportunity steps from Texas State University and the Historic Downtown Square. This 0.411-acre package combines commercial and multifamily assets generating consistent rental income while positioned for long-term appreciation in one of Hays County's most active markets.
The commercial building at 521 W Hutchison Street operates as flexible mixed-use space with excellent street visibility and convenient parking. The adaptable layout accommodates professional services, creative businesses, or boutique retail without major structural modifications. This property's location on Hutchison Street provides high foot traffic exposure from downtown San Marcos pedestrians and campus visitors.
The multifamily property at 525 W Hutchison Street houses two rental units with distinct market appeal. Unit A contains three bedrooms and two bathrooms, historically leased at $2,100 monthly to students and young professionals. Unit B features five bedrooms, three bathrooms, dual refrigerators, and two washer-dryer sets, commanding $2,900 monthly rent. Both units show strong occupancy patterns typical of properties within walking distance of Texas State University's campus core.
The combined monthly rental income from 525 W Hutchison Street currently generates $5,000 in established revenue, with the commercial space at 521 W Hutchison Street providing additional income potential. Together, the properties offer diversified revenue streams that appeal to both passive investors seeking stable returns and owner-users exploring mixed-use development.
San Marcos city zoning supports accommodating downtown policies that enhance redevelopment potential. The Historic Downtown Square's pedestrian activity, restaurant scene, and retail offerings nearby create natural demand for the commercial space while student housing demand remains consistently strong near campus. Properties on this block benefit from proximity to major employers in the region and reasonable commute times to Austin tech corridors.
Frame and stucco construction with carpet, tile, vinyl, and wood flooring throughout provide maintenance-friendly finishes. The 2010 construction date reflects modern systems and reliable infrastructure.
This W Hutchison Street package represents a cash-flowing asset with identifiable upside through lease rate growth, occupancy optimization, or strategic redevelopment aligned with San Marcos's evolving downtown vision.
The numbers behind this insight
- Offered at
- $790,000
- Listed
- October 31, 2025
- Property Type
- Commercial Sale
- Year Built
- 2010
- Lot Size
- 0.41 acres
Listing information last updated August 14, 2026.
Listed by Monica & Company Real Estate
MLS# 4244581 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Tile
- Vinyl
- Wood
- Cooling
- Central Air
Exterior & Lot
- Frame
- Stucco
- Pillar
- Post
- Pier
- Slab
- Lot Size
- 0.41 Acres
Financial
- Original List Price
- $790,000
Utilities
- Electricity Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 521 & 525 W Hutchison ST, whoever represented it.
- ActiveListed 2025Current price: $790,000Original list: $790,000MLS 4244581
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
- $790,000
- Original list
- $790,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 31, 2025 · 350 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $467,613
- Assessment Year
- 2025
- Year Built
- 2010
- Parcel ID
- 11-4950-0300-01401-3
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $467,613 | $42,830 | $424,783 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($158K)
Adjustable assumption - not a lending recommendation.
$790,000
Luxury property intelligence
Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$790,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
350 days
Original to current
No verified reduction
$790K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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