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San Marcos Fully Occupied Quadplex $399k

1634 Post Rd, San Marcos
ROI
18.40% IRR
Strategy
Long Term Rental
Fully occupied quadplex near Texas State University with strong tenant demand driven by the university and convenient access to IH 35. All four units are identical 1 bed, 1 bath layouts currently leased through July 23 2026 producing $3685 per month in total income. Major capital improvements have already been completed including roof replacement in 2024, HVAC systems replaced in 2021, water heaters installed in 2024, and bathroom remodels completed in 2023. Units feature durable wood style flooring with no carpet which keeps turnovers simple and operating costs low. Tenants pay all utilities and there is no HOA, keeping ownership overhead minimal. The property sits directly on the Texas State bus route which supports consistent occupancy. A well maintained multifamily asset at a compelling price point for investors seeking reliable cash flow in a growing Texas market.

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San Marcos Fully Occupied Quadplex $399k

Listed 03/05/2026

1634 Post Rd, San Marcos

Purchase Price:$399,000

Cash Outlay:$107,730

Cashflow:$549/mo

Cap Rate:7.05%

IRR:18.40%

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