2003 Medical Parkway, San Marcos, TX

$1,550,000

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0.50

Acres

About 2003 Medical Parkway

Prime Investment Opportunity on Medical Parkway – Income-Producing with Upside Potential Now Offered at a New Price with a New Roof! Located steps from CHRISTUS Santa Rosa Hospital in the heart of San Marcos’ medical and professional corridor, this property offers strong current income with room to grow. Currently fully leased across three commercial suites and one residential apartment, with one studio apartment and one office suite (Suite D) available for lease, this is an excellent opportunity for investors or owner-users alike. Suite A: 1,553 SF | 3 Bathrooms Suite B: 2,376 SF | 2 Bathrooms + Upstairs Office/Conference Room Suite C: 1,553 SF | 3 Bathrooms Suite D (Available): Flexible office space – ideal for medical professionals or professional services (1) Studio Apartment (Occupied): 611 SF (1) Studio Apartment (Available): 611 SF These suites are not only perfect for medical tenants but also well-suited for law firms, accounting offices, and other professional services seeking a high-visibility location with easy access to I-35 and Texas State University. Gross Monthly Income: $14,100 (beginning January 1) Proforma Cap Rate: 8.4% Recent updates completed. Minimum 48-hour notice for showings – contact agent to schedule.

Features of 2003 Medical Parkway

MLS® # 4558600
Price $1,550,000
Bathrooms 0.00
Acres 0.50
Year Built 1986
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 2003 Medical Parkway
Area HS
Subdivision San Marcos Medpark
City San Marcos
County Hays
State TX
Zip Code 78666

Amenities

Utilities Cable Available, Cable Connected, Electricity Connected, High Speed Internet Available, None, Phone Connected, Sewer Connected
Parking Asphalt, Concrete
View City Lights
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Laminate
Heating Central, Electric
Fireplace No

Exterior

Construction Brick
Foundation Slab

Additional Information

Date Listed June 12th, 2025
Days on Market 126
Zoning Commericai - office/medic
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRiver Bear Realty, LLC
Contact Info(512) 888-3886

Listing Map

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