San Marcos, TX

Population: 58,889
Average annual home appreciation rate: 18.47%
Total of homes for sale in this market: 125
Median home price: $160,328
Median Rent: $1,059 per room
Home price range: 48.93% of homes are between $132,001 – $264,000
Median sales price: $36,959
Number of homes: 40
Median foreclosure sales price: $110,647
Foreclosure discount: N/A
Most common home type: 43.70% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 9.87%
Number of renters: 75.47%
Number of owner occupied: 24.53%
Number people living below poverty level: 37.33%
Unemployment rate: 3.40%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the San Marcos area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor. Since 1 year ago, the average appreciation rate in San Marcos has increased appx 54%.

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