— bed, — bath, 3,228 sqft on 0.21 acres in San Marcos. San Marcos, TX 78666. $575,000. SanMarcosCONSISD.
About This Home
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
- Residential Income
- Year Built
- 1981
- Lot Size
- 0.21 acres
- Price / Sq Ft
- $178
Listing information last updated September 21, 2026.
Listed by Compass RE Texas, LLC
MLS# 1083969 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Open Floorplan
- Free-Standing Range
- Refrigerator
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 4
Exterior & Lot
- Balcony
- Masonry – Partial
- Wood Siding
- Sloped Down
- Trees-Moderate
- Partial
- Slab
- Roof
- Composition
- Lot Size
- 0.21 Acres
- Outside
Financial
- Original List Price
- $575,000
- Price per Sq Ft
- $178
Utilities
- Electricity Available
- Phone Available
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 811 Bracewood CIR, whoever represented it.
- ActiveListed 2026Current price: $575,000Original list: $575,000MLS 1083969
- Listed · August 16, 2026$575,000
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
- $575,000
- Original list
- $575,000
- Price movement
- No verified reduction
- Listed / DOM
- Aug 16, 2026 · 61 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $470,382
- Assessment Year
- 2025
- Year Built
- 1981
- Parcel ID
- 11-0750-0000-01500-3
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $470,382 | $83,650 | $386,732 |
Zoned Schools
SanMarcosCONSISD
San Marcos
Miller
Crockett
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($115K)
Adjustable assumption - not a lending recommendation.
$575,000
Luxury property intelligence
Keenan Market Position
A sourced read on San Marcos pricing, timing, and property scale. No automated valuation claim.
List price
$575,000
Price per sqft
$178/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
61 days
Original to current
No verified reduction
$575K 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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