Feb 1, 2013
San Marcos property values unaffected by student housing
SAN MARCOS - After apartment complexes move in nearby, property values of homes in San Marcos are not dropping, according to numbers from the Hays Central Appraisal District. Records show...
SAN MARCOS – After apartment complexes move in nearby, property values of homes in San Marcos are not dropping, according to numbers from the Hays Central Appraisal District. Records show the property values of San Marcos homes near new multifamily housing complexes are retaining almost their full predevelopment values.
The chart below represents three neighborhoods in San Marcos and their average property values.
| Neighborhood | 2010 | 2011 | 2012 | Change |
| Pearce Court | – | $123,135.45 | $123,134.45 | -0.0001% |
| Meadow Parkway | $159,739.77 | – | $163,430.90 | 2.31% |
| Mill Street | $107,040.04 | – | $102,807.72 | -3.95% |
Read more at The University Star.
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