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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUL 01 2025 AT 1:06 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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2003 Medical Pkwy

san marcos, TX 78666

$1,550,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    7,882 Sq Ft

    0.5 Private Acres Exterior Space

    Commercial

    $23,951 Annual Tax

    Built in 1986

    MLS/Listing ID 4558600

    Amenities & Features

    Hand Rails

    Construction - Brick

    Cooling - Electric

    Carpet

    Laminate

    Slab

    City Lights View

    Parking - Concrete

    Parking - Asphalt

    Heating - Electric

    Listing Courtesy of RIVER BEAR REALTY, LLC, BUCK MCLAMB - 512-888-3886

    ACTRIS

    Source of Data: AUSTIN CENTRAL TEXAS REALTY INFORMATION SERVICE

    Interested in 2003 Medical Pkwy?