715 W Hopkins Street, San Marcos, TX 78666
Farm Lt · Hays County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Living Area
4,814 sq ft
Lot Size
0.94 acres
Zoning
MU
Days on Market
492
MLS® Listing#
567764
Property Features
Interior
Cooling
Heating
Lot Features
Foundation
Roof
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$17,407
Tax year 2024
Parcel Number
R27370
Directions
Exit 202 - Wonderworld Drive. Right on Hopkins Street. Property will be on the right before Old RR 12
Affordability Calculator
$350,000
Estimated monthly payment
$9,314/mo
Principal $1,400,000 · Est. interest $1,953,125 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in San Marcos, TX
- $322,008
- Median Listing Price
- 60
- Median Days on Market
- 1,887
- Median Sq Ft
- $172
- Median Price / Sq Ft
- 10,969
- Active Listings
- This home’s price is 443% above the area median.
- Its price per sq ft is 111% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in San Marcos, TX.
Location
Points of Interest in San Marcos, TX
Showing the San Marcos area map.
Nearby Schools
San Marcos Montessori School
Elementary · 0.3 mi away
Texas State University Auxiliary Services
School · 0.7 mi away
Williams Career School of Excellence
School · 0.8 mi away
Crockett Elementary School
Elementary · 0.9 mi away
Advent Ridge Academy
School · 1.2 mi away
Mendez Elementary School
Elementary · 1.5 mi away
Goodnight Middle School
Secondary · 1.5 mi away
Austin Community College Goodnight Center
School · 1.7 mi away
San Marcos Cisd
Elementary · 1.8 mi away
Travis Elementary
Elementary · 1.9 mi away
Wonderland School
Elementary · 2.1 mi away
Texas High School Coaches Association
Secondary · 2.2 mi away
Texas Preparatory School
Elementary · 2.3 mi away
Hill Country Christian School
School · 2.5 mi away
Sunset Afterschool Program
Elementary · 2.5 mi away
Paloma Montessori School
Elementary · 2.9 mi away
San Marcos Academy
School · 3.1 mi away
San Marcos High School
Secondary · 3.9 mi away
San Marcos H S
Secondary · 3.9 mi away
Bowie Elementary
Elementary · 4.1 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 22416 Hastings Mesa, San Antonio, TX | $1,247,000 | 4 | 5 | 3,991 |
| 18626 Powder Mill, San Antonio, TX | $1,269,000 | 5 | 5 | 4,700 |
| 8171 Blue Oak Way, San Antonio, TX | $1,293,000 | 4 | 5 | 4,206 |
| 330 Live Oak Hills Court, San Marcos, TX | $1,499,900 | 4 | 3 | 3,427 |
| 501 Lovejoy Lane, San Marcos, TX | $1,650,000 | 5 | 4 | 4,552 |
| 101 Hunters Glen Drive, San Marcos, TX | $1,700,000 | 3 | 3 | 5,012 |
Moving Cost Estimate
EXIT Agents in San Marcos
Listing Courtesy: Monica & Company Real Estate - (512) 667-9129