540–566 Crest Circle Dr, San Marcos, TX 78666

A Rare, Scaled Portfolio in a High-Demand Texas Market. Acquiring 12 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, Four Consecutive Years of Growth Gross rental income has grown every year since 2022, from $151,541 to a projected $161,511 in 2025 (2.1% CAGR). Current rents remain $187 to $287/unit below market comparables of $1,350 to $1,450, representing meaningful upside captured organically as leases renew. $150,000 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. Twelve contiguous units across three adjacent parcels create exceptional leverage: one property manager, consolidated vendors, portfolio insurance, and unified accounting, all improving net cash flow versus scattered single-family rentals.

Stonecrest Real Estate is pleased to present an exceptional opportunity to acquire a stabilized, cash-flowing residential portfolio of twelve (12) two-bedroom, two-bathroom units across six duplex buildings in San Marcos, Texas — one of Central Texas's most dynamic and supply-constrained rental markets. Offered as a single portfolio at $1,800,000, this assemblage represents outstanding value at $150,000 per door, well below replacement cost, with a proven rent history dating to 2022.

Located in the heart of the San Marcos metro — home to Texas State University (38,000+ students), a booming healthcare sector, and rapid population growth along the I-35 corridor between Austin and San Antonio — this portfolio delivers immediate, stabilized cash flow with significant upside potential as below-market rents continue to adjust to prevailing market rates.