2003 Medical Parkway
- $1,550,000
- 0.50 Acres Commercial Sale San Marcos, TX 78666
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.
Essential Information
- MLS® #4558600
- Price$1,550,000
- Bathrooms0.00
- Acres0.50
- Year Built1986
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Community Information
- Address2003 Medical Parkway
- SubdivisionSan Marcos Medpark
- CitySan Marcos
- CountyHays
- StateTX
- Zip Code78666
Amenities
- ParkingAsphalt, Concrete
- ViewCity Lights
Utilities
Cable Available, Cable Connected, Electricity Connected, High Speed Internet Available, None, Phone Connected, Sewer Connected
Interior
- InteriorCarpet, Laminate
- HeatingCentral, Electric
- CoolingCentral Air, Electric
Exterior
- ConstructionBrick
- FoundationSlab
Additional Information
- ZoningCommericai - office/medic
Property Listed by: River Bear Realty, Llc
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® (alternatively, from ACTRIS) from January 17th, 2026 at 7:45pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.