UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,562 sqft
Price per Sqft $201
Subdivision J M Stone Add
MLS Listing ID 9116432
HOA Y/N No
Year Built 1950
Annual Tax Amount $6,625
Tax Year 2025
Lot Size 10,280 Sqft
Acres 0.236
Property Sub-Type Duplex
Source actris
Property Description
Prime investment opportunity just minutes from Texas State University, Downtown San Marcos, and the San Marcos River! This income-producing duplex at 1018 Mead St offers the perfect setup for investors, parents of incoming Texas State students, or buyers looking to house hack and build long-term wealth.
Unit A (3 bed / 2 bath) is currently occupied, providing immediate rental income. Unit B is about 468 sq ft studio and is vacant — ready for an owner-occupant, student, or new tenant. Live in one side and let the other help cover your mortgage, or lease both units for strong rental potential in a high-demand student market.
Located near Hopkins Street and I-35 with quick access to campus, The Square in Downtown San Marcos, H-E-B, Target, Sewell Park, Rio Vista Park, restaurants, coffee shops, and entertainment. Easy commute to Austin or New Braunfels.
This property features a large fenced backyard, two designated outdoor parking spaces for the studio, and strong rental appeal due to its proximity to Texas State University.
Ideal for:
• Parents wanting to invest instead of paying dorm costs
• First-time investors seeking a cash-flow opportunity
• Buyers looking to house hack and reduce living expenses
• Long-term hold investors in a growing college market
With Texas State enrollment continuing to grow and rental demand remaining strong, opportunities like this — with one unit already producing income and one vacant for flexibility — are rare.
Whether you're buying for your student this fall or looking to expand your investment portfolio, this duplex offers location, flexibility, and income potential.
Schedule your showing today — properties this close to Texas State don't last long.
Location
State TX
County Hays
Area Hs
Interior
Interior Features Laminate Counters, Eat-in Kitchen, Open Floorplan
Heating See Remarks, Central
Cooling Central Air, Electric, Wall/Window Unit(s)
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace Y
Appliance Gas Range, Refrigerator
Exterior
Exterior Feature Private Yard
Fence Back Yard, Chain Link, Fenced
Pool None
Community Features None
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Shingle
Accessibility None
Porch None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, City Lot, Front Yard, Interior Lot, Level
Faces Southeast
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Schools
Elementary Schools Hernandez
Middle Schools Goodnight
High Schools San Marcos
School District Sanmarcosconsisd
Others
Pets Allowed Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Number Limit, Size Limit, Breed Restrictions, Negotiable
Restrictions City Restrictions,Zoning
Acceptable Financing Cash, Conventional, FHA
Tax Rate 2.0666
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Number Limit, Size Limit, Breed Restrictions, Negotiable
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Victor A Aguilar
Agent/Team Lead | License ID: 0653089
Agent/Team Lead License ID: 0653089