• 140 S Fredericksburg Street San Marcos, TX 78666

  • $3,600,000
  • 21
    Bed(s)
  • 21
    Baths
  • 11,124
    Sq Ft

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 2019, "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 :

Residential

Subdivision :

Original Town Of San Marcos

County :

Hays

Style :

Residential

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Property Details

 

Interior Features

CeilingFans,TubShower

Roof : Flat,Other,SeeRemarks

Appliances : Dishwasher,ElectricRange,Disposal,Refrigerator,SomeElectricAppliances,Microwave,Range

Laundry Features: ElectricDryerHookup,LaundryCloset,InUnit

Roofing Information

Flat,Other,SeeRemarks

Flooring Information

Vinyl

Heating & Cooling

Has Heating: Yes

Heating: Central,Electric

Has Cooling: Yes

Cooling: CentralAir,Electric

Building Information

Year Built: 2020

Construction Materials : Stucco

Pool Features : None

Private Pool : No

View : Other,River

Lot Information

Lot Size Acres: 0.3

Property Information

Subdivision: Original Town Of San Marcos

Source Property Type: Residential

Zoning Description: CD-5D

Property SubType: Apartment

Direction Faces: East

Levels: ThreeOrMore

Property Age: 4

Listing Price Information

Original List Price: $3600000

Original List Price: $3500000

Cash,Conventional,FHA

Tax Information

Parcel Number: R41580

Tax Lot: 2

Tax Block: 16

Tax Legal Desc: ORIGINAL TOWN OF SAN MARCOS, BLOCK 16, LOT 2

School Information

Elementary School: Crockett Elementary

Junior High School: Doris Miller Middle School

Senior High School: San Marcos High School

Utility Information

ElectricityAvailable

Location Information

Direction: From I35, Exit 204B, turn righ onto S LBJ Dr, left on Martin Luther King Dr, Right on Feltner Alley, right into crushed granite parking lot.

WaterSource: Public

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1405 Center Point Road, San Marcos, TX,78666 $770,140 -- -- -- 1.36 Acres
124 Windsor Boulevard, San Marcos, TX,78666 $376,507 4 2 2,198 0.099 Acre
722 S Lbj Drive, San Marcos, TX,78666 $499,000 -- -- -- 0.303 Acre
408 Wilshire Road, San Marcos, TX,78666 $371,512 4 3 1,854 0.139 Acre
1000 Alpine Trail, San Marcos, TX,78666 $925,000 2 2 1,904 19.34 Acres
808 Blue Oak Boulevard, San Marcos, TX,78666 $454,951 3 2 2,552 0.14 Acre
237 New Hampton Way, San Marcos, TX,78666 $375,087 4 3 1,854 0.121 Acre
1000 Alpine Trail, San Marcos, TX,78666 $925,000 -- -- -- 19.34 Acres
317 Horsemint Way, San Marcos, TX,78666 $444,900 5 4 2,370 0.161 Acre
240 Fairfax Avenue, San Marcos, TX,78666 $370,990 4 3 1,854 0.123 Acre

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2024 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 05/04/2024 @ 15:53

MLS: 536952
LISTED BY: Michael Nolen, McNabb & Company Real Estate S
SOURCE: CTEXAS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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