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$436,000

601 Bracewood Cir, San Marcos, TX, 78666

Off MarketInfo
Baths3,774 Sq Ft
QuadruplexQuadruplex
price_per_sqft$121.62 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces10

Land Information

APNR21908
Lot Number1
SubdivisionBracewood Subd
Land UseResidential
Legal DescriptionBRACEWOOD SUBD LOT 1 GEO#90211796 TAX CODES:SSM,WEU,WUS
Census Tract010601
Assessed Land Value$92,960
Assessed Improvement Value$337,040
Assessment Year2025

About this property

Quadraplex in the heart of San Marcos! Just a short 1 mile walk/bike ride to Texas State University and minutes away from the famous San Marcos Premium Outlets with over 220 stores and 20 different places to eat. All units livable and still room for an investor to go in and make some updates to increase rent prices. Also great for those home hackers who want to live in one of the units while renting out the others. All 4 units have the same floor plan with 2 bed rooms and 1 bath. Each includes its own Fireplace! Units downstairs have a patio through the Living Room and units upstairs include a balcony from the living room.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$412,500Estimated Mortgage Balance
$25,288Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,499
$430,000
2025
$92,960
$337,040
$430,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,499
$430,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$412,500
No
First
Feb 13, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,310
$24,690
5%
94%
$2,474/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: San Marcos

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601 Bracewood Cir | Property Details | No Agent List