2003 Medical Pkwy San Marcos, TX $ 1,550,000
2003 Medical Pkwy
$ 1,550,000
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2003 Medical Pkwy

San Marcos, TX, 78666
$ 1,550,000
Bedrooms-- Baths-- Sq 7,882
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Property for Rent in San Marcos, TX

for $1,550,000. This 7,882 square foot property was built in 1986 on a lot size of 0.5.

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.

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Rental Active

Price

$ 1,550,000

Taxes

$ 23,951

Style

Office

Lot Size

0.5

Year Built

1986

Town/City

San Marcos

County/Region

Hays

MLS | Web ID

4558600

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected High Speed Internet None Available Phone Connected Sewer Connected
Zoning Commericai - office/medi
Security Features Security System
Construction Materials Brick
Year Built 1986
View City Lights
Property Subtype Office
Tax Year 2023
Current Use Medical/Dental Residential
Accessibility Hand Rails
County Hays
Operating Expense 38904
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name San Marcos Medpark
Building Features See Remarks
Green Sustainability None
Other Structures None
Status Active
Directions Traveling I-35 South Exit Wonder World Drive. Take left on Wonderworld. Take left on Medical Parkway. 2003 Medical Parkway on your Right.
City San Marcos
Disclosures Seller Disclosure Seller Provided Survey Available
MLS Area HS
Lot Size Square Feet 21780
Tax Annual Amount 23951.19
Property Condition Resale
Additional Parcels Y/N N
Leasable Area 7882
Lease Type Gross
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 1108604
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Interior
Flooring Carpet Laminate
Total Stories 2
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Asphalt Concrete
Water Source Public
Total Parking 34
Foundation Details Slab
Number of Buildings 1
Building Area Total 7882
Lot Size Acres 0.5
Road Surface Type Asphalt
Lot Size Source Public Records
Waterfront Y/N N
Other Equipment See Remarks
Horse Y/N N
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Internal Only
Street Number 1 2003
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* Excluded Features
List By
Buck McLamb

Listing Agent

River Bear Realty, Llc

Broker

buck@riverbearrealty.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2025$1,550,000 Listed Price

Map


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2003 Medical Pkwy, San Marcos, TX, 78666 is a Property for Rent at $1,550,000 with 7,882 sqft and a lot size of 0.5. 2003 Medical Pkwy was built in 1986. The property's zip code is 78666 which is in San Marcos, TX