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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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811 Bracewood Cir , San Marcos, TX 78666
$575,000
Est. Payment: $2,946.04/mo
8 Bed
4 Bath
3228 Sqft
Status: active | Days on site: 8
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Jeannette Spinelli
Broker Associate & Founder

House 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.

Highlights

Listed by Chelsea Stobaugh , (512) 731-7586 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

1981

County

Hays

Area

HS

Neighborhood

Bracewood Sub

School District

SanMarcosCONSISD

Listing ID

1083969

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Free-Standing Range, Refrigerator
Floor:See Remarks
Other:
  • Additional:Breakfast Bar, Open Floorplan, Pets Allowed
Water:Public

Exterior Features

Lot:Sloped Down,Moderate Trees
Roof:Composition
Others:
  • Additional:Balcony, Resale
Sewer:Public Sewer
Parking Features:Outside
Principal Interest
$2,946
Taxes
$810

Home Price

$575,000

Loan Details

30 yrs
6.627%

Down Payment

20%
$115,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,946.04

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,946.04 $810.08 $0.00 $3,756.11
Yearly $35,352.47 $9,720.91 $0.00 $45,073.38
Total $1,060,573.95 $291,627.30 $0.00 $1,352,201.25

Today's Rates

30 Year

6.63%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (San Marcos, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-31T04:16:27.000Z

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