$1,550,000
For Sale

2003 Medical Parkway

San Marcos, TX 78666
0.50 acres | #4558600
Browse 40 photos
Type:Purchase
Structure:Office
Zone:Commercial

Description

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.

  • Property Details
      • Utility FeaturesCable Available, Cable Connected, Electricity Connected, High Speed Internet Available, None, Phone Connected, Sewer Connected
      • SubdivisionSan Marcos Medpark
      • Sewer InformationPublic Sewer
      • ViewCity Lights
      • Original List Price$1,550,000
      • Property TypePurchase
      • Taxes Annual$23,951
      • MLS #4558600
      • Cost1550000
      • MLS #4558600
      • Utility SourcePublic
      • Property SubtypeOffice
      • Property ConditionResale
      • Year Built1986
      • FoundationSlab
      • CountyHays
      • Acres0.5
      • Days on Market (Cumulative)549
      • Stories2

Location

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Based on information submitted to the MLS GRID as of 2025-06-12 15:41:31 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: . Source: ACTRIS

Listing Courtesy
Listing Agent: Buck McLamb (#693799), Phone: (512) 888-3886
Listing Office: River Bear Realty, LLC (#704667)

Anna Ghalumian & Sophia Radwan | eXp Realty, LLCReal Estate Group
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The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Information provided Courtesy of San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2022 San Antonio Board of Realtors, All Rights Reserved.