Date
Details
Price
Change
Source
8/28/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$625,000
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Property Description
A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 4 units in a single transaction is exceedingly rare in Central Texas, delivering immediate scale, operational efficiency, and a diversified income stream from Day 1. All units share the same 2BR/2BA configuration, simplifying management, unit turns, and capital planning. San Marcos sits at the nexus of the I-35 corridor between Austin and San Antonio, home to 4 million+ residents and growing. Hays County has ranked among the fastest-growing counties in the nation for over a decade. Texas State University (38,000+ enrollment) anchors consistent renter demand, while proximity to Austin's tech economy and San Antonio's healthcare and military sectors add further depth. Proven Income and $156,250 Per Door, Below Replacement Cost New construction in San Marcos routinely exceeds $200,000 per door. The buyer acquires stabilized, income-producing assets with existing tenants and management infrastructure. No construction risk, no lease-up period, no development timeline. Built in 2012 with a strong remaining useful life on all major systems. This is 4 units, 2 buildings. The neighboring properties are also available (540-546 and 560-566). ...
Full Property Details
Full Property Details for 550-566 Crest Circle Dr
General
- Price: $625,000
- Status: Active
- Type: Multi-Family
- Source: Central_Texas_MLS
- MLS ID: 623894
- Updated: 8/28/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Other, See Remarks
- Fireplace(s): None
- Appliances: Other, See Remarks
- Flooring: Combination
Rooms
Other Rooms
- Laundry: Laundry Room
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- County: Guadalupe
- Subdivision: Southridge Estates Ph #3
- Driving Directions: Take I-35 S and Center Point Rd to Pauls Dr, turn left on Crest Drive Circle.
School Information
- Elem School District: Navarro ISD
- Midd School District: Navarro ISD
- High School District: Navarro ISD
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 3+ Units
- Heating Type: Multiple Heating Units
Utilities
- Electric Available: Yes
- Sewer: Aerobic Septic
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Traditional
- Construction: HardiPlank Type, Masonry
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 3,712
- Sq. Ft. Source: Appraiser
- Living Area: 3,712 Sq. Ft.
- Year Built: 2012
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 1.73
- Fencing (Description): Back Yard, Chain Link
Financial Considerations
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: SOUTHRIDGE ESTATES PH #3 LOT 2 1.73 AC
- Property ID: 116091
- Lot Number: 2
Listed by Andrew Phillips, Broker
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Listing agent
— 550-566 Crest Circle Dr —
Andrew Phillips, Broker
(830) 237-5356
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 550-566 Crest Circle Dr
Tax History
Tax History for 550-566 Crest Circle Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,387
10%
$659,400
-10%
2024
$10,353
23%
$731,100
1%
2023
$8,422
—
$722,100
26%
2023
$8,422
35%
$573,672
44%
2021
$6,250
-26%
$398,128
-20%
2022
$8,415
37%
$497,283
34%
2020
$6,144
35%
$371,800
42%
2018
$4,544
-16%
$261,631
-19%
2019
$5,386
35%
$323,944
41%
2017
$3,988
-4%
$229,892
-4%
2016
$4,156
-23%
$238,948
-21%
2015
$5,396
22%
$303,139
22%
2014
$4,439
6%
$248,246
8%
2013
$4,180
—
$229,127
—
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 550-566 Crest Circle Dr
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550-566 Crest Circle Drive, San Marcos, TX 78666 (MLS# 623894) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 550-566 Crest Circle Drive is currently listed for $625,000 and was received on August 28, 2026. Want to learn more about 550-566 Crest Circle Drive? Do you have questions about finding other Multi-Family 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.