Date
Details
Price
Change
Source
8/16/2026
Listed
$575,000
—
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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1/19
$575,000
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1/19
Property Description
Fourplex investment opportunity approximately one mile from Texas State University with existing long-term rental income and an active short-term rental. Three of the four units are currently leased, while the fourth is operated as an Airbnb, offering a mix of traditional and short-term rental use in one property. Each unit features a 2-bedroom, 1-bath layout with an open living area, stone fireplace and kitchen with a breakfast bar. Depending on the unit, outdoor spaces include private entrances, balconies, a porch and patio areas, all surrounded by mature trees. Major improvements have already been completed, including a roof approximately two years old, remodeled kitchens and foundation work. Natural stone accents and wood siding give the two-story property plenty of character, while the setting offers views of the surrounding hills and wooded area. Located approximately one mile from Texas State University, 811 Bracewood offers convenient access by bike or car to campus, with downtown San Marcos, dining, shopping and recreation nearby. With four separate units, three existing long-term leases and an established short-term rental setup, this property offers multiple income streams and flexibility for an investor looking to add a multifamily property in San Marcos.
Full Property Details
Full Property Details for 811 Bracewood Cir
General
- Price: $575,000
- Taxes: $9,720 (2025)
- Status: Active
- Type: Multi-Family
- Source: Austin_MLS
- MLS ID: 1083969
- Updated: 8/16/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: Breakfast Bar, Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Stone
- Appliances: Free-Standing Range, Refrigerator
- Flooring: See Remarks
Rooms
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: None
- Security/Safety: None
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: See Remarks, Balcony
Parking
- Total Spaces: 8
- Parking Features: Outside
Location
- Area: HS
- County: Hays
- Subdivision: Bracewood Sub
- Driving Directions: From Hopkins take a right on Bishop, Right on Prospect, Left at Bracewood Circle
- Direction Faces: Southwest
School Information
- Elem School District: SanMarcosCONSISD
- Midd School District: SanMarcosCONSISD
- High School District: SanMarcosCONSISD
- Elementary School: Crockett
- Middle School: Miller
- High School: San Marcos
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Phone Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Masonry, Wood Siding
- Roof: Composition
- Windows: None
- Stories/Levels: 2
- Square Feet: 3,228
- Sq. Ft. Source: Public Records
- Living Area: 3,228 Sq. Ft.
- Year Built: 1981
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2086
- Lot Size (Sq. Ft.): 9,086.62
- Fence: Yes
- Lot Features: Sloped Down, Moderate Trees
- Fencing (Description): Partial
Financial Considerations
- Assessment Amount: $470,382
- Tax Amount: $9,720.91
- Tax Year: 2025
- Terms: Cash, Conventional
- Owner Pays: None
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: BRACEWOOD SUBD LOT 15 GEO#90211810
- Disclosures/Reports: None
- Property ID: 1107500000015003
- Lot Number: 15
Listed by Compass RE Texas, LLC
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Listing agent
— 811 Bracewood Cir —
Compass RE Texas, LLC
(512) 575-3644
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 811 Bracewood Cir
School District:San Marcos Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Crockett Elementary School, San Marcos, TX 1300 Girard Street, San Marcos, TX 78666 | K-5 | 0.4 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 811 Bracewood Cir
Tax History
Tax History for 811 Bracewood Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,721
-16%
$470,382
-25%
2023
$11,580
121%
$630,097
3%
2018
$5,230
-44%
$608,849
34%
2022
$9,286
33%
$453,155
40%
2021
$6,999
34%
$323,940
-2%
2018
$5,230
-33%
$329,174
-1%
2019
$7,809
49%
$332,076
56%
2018
$5,230
—
$212,440
—
2017
$5,254
14%
$212,440
11%
2016
$4,594
5%
$191,080
5%
2015
$4,377
—
$181,520
—
2013
$4,381
—
$181,520
—
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 811 Bracewood Cir
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811 Bracewood Circle, San Marcos, TX 78666 (MLS# 1083969) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 811 Bracewood Circle is currently listed for $575,000 and was received on August 16, 2026. Want to learn more about 811 Bracewood Circle? 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.