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Perfect investment or homestead. Centrally located home with mixed used zoning close to Texas State University and downtown. Make this your new home or other uses approved are short term rentals, specific commercial on bottom with loft apartments, and restaurants among many others. The possibilities are endless!

4 Beds ⋅ 1 Baths ⋅ 602111 MLS

Perfect investment or homestead. Centrally located home with mixed used zoning close to Texas State University and downtown. Make this your new home or other uses approved are short term rentals, specific commercial on bottom with loft apartments, and restaurants among many others. The possibilities are endless!

512 Valley Street, San Marcos

Listing courtesy of Real Broker, LLC. Contact: (855) 450-0442

Attention investors seeking something truly unique and historic! Here’s an exceptional opportunity to own a piece of San Marcos history with this turn-of-the-century colonial 8-unit mansion located in the city’s historic district. This rare, multi-family–zoned property features eight distinct units, each offering its own kitchen, bedroom, and bathroom. The property showcases timeless architectural charm with wrap-around porches that enhance its character and curb appeal. Tenant parking is available in a private lot located at the rear of the property, along with an on-site laundry room, adding convenience and value for residents. Ideally situated within walking distance to the downtown square, the property provides easy access to San Marcos’ premier dining, shopping, and entertainment options. The property is 100% leased through Summer 2026 and benefits from a strong, proven rental history, making it a stable, income-producing investment. Opportunities like this—combining history, location, and functionality—are exceptionally rare. The actual date of construction is unknown but is believed to be prior to 1940. Buyer offers and proof of funds are required prior to showings. DO NOT DISTURB TENANTS. Inquire today to learn more and make this historic gem part of your investment portfolio.

Attention investors seeking something truly unique and historic! Here’s an exceptional opportunity to own a piece of San Marcos history with this turn-of-the-century colonial 8-unit mansion located in the city’s historic district. This rare, multi-family–zoned property features eight distinct units, each offering its own kitchen, bedroom, and bathroom. The property showcases timeless architectural charm with wrap-around porches that enhance its character and curb appeal. Tenant parking is available in a private lot located at the rear of the property, along with an on-site laundry room, adding convenience and value for residents. Ideally situated within walking distance to the downtown square, the property provides easy access to San Marcos’ premier dining, shopping, and entertainment options. The property is 100% leased through Summer 2026 and benefits from a strong, proven rental history, making it a stable, income-producing investment. Opportunities like this—combining history, location, and functionality—are exceptionally rare. The actual date of construction is unknown but is believed to be prior to 1940. Buyer offers and proof of funds are required prior to showings. DO NOT DISTURB TENANTS. Inquire today to learn more and make this historic gem part of your investment portfolio.

527 W San Antonio Street, San Marcos

Listing courtesy of Vance J. Elliott. Contact: (512) 353-3002