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$1,750,000
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Property Description
*Income-Producing Mixed-Use Investment Opportunity* Exceptional opportunity to acquire a partially leased, income-producing commercial property on nearly one acre along highly visible Hopkins Street in San Marcos. This versatile investment consists of two buildings totaling 4,814 square feet, offering immediate cash flow with additional upside through the lease-up of the remaining available space. Building 1 (3,362 SF) is partially leased, with the remaining suites actively marketed for lease, creating the opportunity to increase occupancy and future income. Building 2 (1,452 SF) is fully leased, providing established rental revenue from day one. Zoned Mixed Use, the property offers exceptional flexibility for a variety of commercial and residential uses, supporting long-term investment value. The available suites feature a mostly white-box interior, allowing for efficient tenant finish-out and broad leasing appeal. Positioned on one of San Marcos' primary commercial corridors, the property benefits from excellent visibility, strong traffic counts, ample parking, and convenient access to IH-35, Texas State University, downtown San Marcos, and the area's continued residential and commercial growth. Whether you're expanding your commercial portfolio, completing a 1031 exchange, or seeking an investment with both current income and future upside, this property offers the rare combination of existing cash flow, leasing potential, and long-term appreciation. Contact Broker for more details.
Full Property Details
Full Property Details for 715 W Hopkins St
General
- Price: $1,750,000
- Status: Active
- Type: Commercial
- Source: Central_Texas_MLS
- MLS ID: 567764
- Updated: 6/18/2026
- Added to Site: 556 day(s) ago
Interior
- Interior Features: See Remarks
Additional Information
- Shared Amenities: Other, See Remarks
Parking
- Parking Features: Parking Space(s)
Location
- County: Hays
- Subdivision: Farm Lt
- Driving Directions: Exit 202 - Wonderworld Drive. Right on Hopkins Street. Property will be on the right before Old RR 12
School Information
- Elem School District: San Marcos Cisd
- Midd School District: San Marcos Cisd
- High School District: San Marcos Cisd
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other, See Remarks, Water Available
Structural Information
- Construction: Masonry
- Roof: Other, See Remarks
- Stories/Levels: 1
- Square Feet: 4,814
- Sq. Ft. Source: Appraiser
- Year Built Source: Assessor
- Property Condition: Resale
Lot Features
- Property View: Other
- Lot Size (Acres): 0.9358
- Frontage: City Street
- Sidewalks: Yes
Water Features
- Water Front Name: Other-See Remarks
Disclosures and Reports
- Documents Avail.: Aerial, Disclosure(s), Seller's Property Disclosure
- Legal Description: FARM LOT 12-93 BLK PT OF 15 GEO#33333074
- Inclusions: Building(s)
- Property ID: R27370
- Block: PT
- Lot Number: 12-93
Listed by Monica & Company Real Estate
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Schools
Schools serving 715 W Hopkins St
School District:San Marcos Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Hernandez Elementary School 333 Stagecoach Trail, San Marcos, TX 78666 | PK-5 | 1.5 mi |
San Marcos High School 2601 Rattler Road, San Marcos, TX 78666 | 9-12 | 3.9 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 715 W Hopkins St
Date
Details
Price
Change
Source
12/23/2025
Price Increased
$1,750,000
9.38%
MLS
8/15/2025
Price Reduced
$1,600,000
-11.11%
MLS
3/04/2025
Price Reduced
$1,800,000
-7.69%
MLS
1/22/2025
Listed
$1,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 715 W Hopkins St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,407
7%
$910,590
3%
2023
$16,316
24%
$884,410
3%
2018
$13,127
-19%
$857,830
9%
2022
$16,128
3%
$787,000
9%
2021
$15,614
10%
$722,700
—
2020
$14,216
-1%
$722,700
19%
2019
$14,306
9%
$608,360
14%
2018
$13,127
—
$533,240
—
2017
$13,146
2%
$531,600
-1%
2016
$12,870
—
$535,270
—
2015
$12,907
—
$535,270
—
2014
$12,918
—
$535,270
—
2013
$12,918
—
$535,270
—
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 715 W Hopkins St
715 W Hopkins Street, San Marcos, TX 78666 (MLS# 567764) is a Commercial property. 715 W Hopkins Street is currently listed for $1,750,000 and was received on January 22, 2025. Want to learn more about 715 W Hopkins Street? Do you have questions about finding other Commercial 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.

