Date
Details
Price
Change
Source
9/22/2026
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
$3,500,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/24
Property Description
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 2020, "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.
Full Property Details
Full Property Details for 140 S Fredericksburg St
General
- Price: $3,500,000
- Taxes: $37,873 (2025)
- Status: Active
- Type: Apartment
- Source: Austin_MLS
- MLS ID: 1874787
- Updated: 9/22/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Info: Deposit Required, See Remarks
Interior
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: Fire Sprinkler System, See Remarks
Parking
- Total Spaces: 16
- Parking Features: Alley Access, On Site, Parking Lot, Unpaved
Location
- Area: HS
- County: Hays
- Subdivision: Original Town Of San Marcos
- Building Name: R Squared
- Driving Directions: 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.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, See Remarks, Water Connected
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Builder: Woods and Thomason Construction
- Construction: Stucco
- Stories/Levels: 3
- Square Feet: 11,124
- Sq. Ft. Source: See Remarks
- Current Bldg. Use: Residential, Single Family
- Year Built: 2020
- Year Built Source: Owner
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Lot Size Source: Public Records
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Operating Expenses: $88,268
- Assessment Amount: $1,825,000
- Tax Amount: $37,873
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
Disclosures and Reports
- Special Conditions: See Remarks
- Documents Avail.: Building Plans, Survey
- Legal Description: ORIGINAL TOWN OF SAN MARCOS, BLOCK 16, LOT 2
- Disclosures/Reports: See Remarks
- Property ID: 1175001600002003
- Block: 16
- Lot Number: 2
Listed by Monica & Company Real Estate
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Or call us at (800) 531-7667
Listing agent
— 140 S Fredericksburg St —
Monica & Company Real Estate
(512) 667-9129
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 140 S Fredericksburg St
School District:San Marcos Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Hernandez Elementary School 333 Stagecoach Trail, San Marcos, TX 78666 | PK-5 | 1.9 mi |
San Marcos High School 2601 Rattler Road, San Marcos, TX 78666 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 140 S Fredericksburg St
Tax History
Tax History for 140 S Fredericksburg St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$43,949
6%
$1,832,609
-18%
2023
$41,464
776%
$2,232,946
1%
2018
$4,735
-89%
$2,218,873
3%
2022
$44,060
34%
$2,150,000
41%
2021
$32,881
46%
$1,521,930
49%
2020
$22,490
365%
$1,020,380
396%
2019
$4,840
2%
$205,820
7%
2018
$4,735
—
$192,350
—
2017
$4,757
-10%
$192,350
-13%
2016
$5,314
176%
$221,040
177%
2015
$1,924
67%
$79,810
68%
2014
$1,149
-22%
$47,620
-22%
2013
$1,471
—
$60,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140 S Fredericksburg St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
140 S Fredericksburg Street, San Marcos, TX 78666 (MLS# 1874787) is a Apartment property. 140 S Fredericksburg Street is currently listed for $3,500,000 and was received on September 22, 2026. Want to learn more about 140 S Fredericksburg Street? Do you have questions about finding other Apartment real estate for sale in San Marcos? You can browse all San Marcos real estate or contact a Coldwell Banker agent to request more information.