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• Scale & Optionality: At ~28 acres near Texas State, the site has strong long-term potential for multifamily or student housing development. The conceptual layout suggests capacity for a large-scale project, though most developers will likely underwrite a reduced density scenario initially. • Infrastructure Considerations: Based on the utility maps, water and wastewater will need to be extended to the site, and the property sits in the San Marcos ETJ. Developers will typically factor those infrastructure costs and entitlement risk into their land basis. • Developer Underwriting: When applying current construction costs, cap rates, and typical land residual assumptions for multifamily in the San Marcos market, most developers will likely build closer to 650–800 units rather than maxing out the 1,000+ units.

7163656 MLS ⋅ 78666 Zip Code

• Scale & Optionality: At ~28 acres near Texas State, the site has strong long-term potential for multifamily or student housing development. The conceptual layout suggests capacity for a large-scale project, though most developers will likely underwrite a reduced density scenario initially. • Infrastructure Considerations: Based on the utility maps, water and wastewater will need to be extended to the site, and the property sits in the San Marcos ETJ. Developers will typically factor those infrastructure costs and entitlement risk into their land basis. • Developer Underwriting: When applying current construction costs, cap rates, and typical land residual assumptions for multifamily in the San Marcos market, most developers will likely build closer to 650–800 units rather than maxing out the 1,000+ units.

175 Eastwood Ln, San Marcos

$199,900

Spacious and versatile 3-bedroom, 3-bath condo-style home available in San Marcos, conveniently located near Texas State University and San Marcos Regional Airport, with easy access to New Braunfels. This unique property features two separate living areas and dual private entrances, offering excellent flexibility for a variety of living arrangements. The downstairs area can function as its own private 1-bedroom, 1-bath suite complete with a kitchen, making it ideal for roommates, guests, or extended family. The home also includes a small fenced yard and a 2-car garage, providing both comfort and convenience. With its adaptable layout and prime location, this property is perfect for those seeking privacy, multi-generational living, or even rental income potential. Also the seller will pay for the HOA dues for 1 year.

3 Beds ⋅ 3 Baths ⋅ 6588536 MLS ⋅ 78666 Zip Code

Spacious and versatile 3-bedroom, 3-bath condo-style home available in San Marcos, conveniently located near Texas State University and San Marcos Regional Airport, with easy access to New Braunfels. This unique property features two separate living areas and dual private entrances, offering excellent flexibility for a variety of living arrangements. The downstairs area can function as its own private 1-bedroom, 1-bath suite complete with a kitchen, making it ideal for roommates, guests, or extended family. The home also includes a small fenced yard and a 2-car garage, providing both comfort and convenience. With its adaptable layout and prime location, this property is perfect for those seeking privacy, multi-generational living, or even rental income potential. Also the seller will pay for the HOA dues for 1 year.

138 Rush Hvn Unit F073, San Marcos

$689,800

Cash Flow! 5,850 in gross rents. Three of the four tenants have renewed for another year! Two Duplexes with a 100x100 lot next door! Sell the lot separately to lower your basis or build more units. Each unit has 3 bedrooms and 3 bathrooms with detached washer and dryer areas. Downstairs has full size and up stairs has stackable. No carpet in any of the units. Tile and vinyl wood floors. Hardy plank siding. Newer appliances and water heaters. HVAC's in great shape. Plenty of parking. Water and electric are all separate. A turn key investment - all the tenants leases expire summer of next year. Three have been there 2 years+. Each duplex is on its own lot and must be sold together. Perfect for one investor or two that want to go in together. Must close both properties at the same time. Amazing location-walking distance to Walmart, Gas Station and Blanco River park. Close to major retail centers. Easy access to I-35. Best part of all...Seller financing is available! * lot next door also included R181561

1052425 MLS ⋅ 78666 Zip Code

Cash Flow! 5,850 in gross rents. Three of the four tenants have renewed for another year! Two Duplexes with a 100x100 lot next door! Sell the lot separately to lower your basis or build more units. Each unit has 3 bedrooms and 3 bathrooms with detached washer and dryer areas. Downstairs has full size and up stairs has stackable. No carpet in any of the units. Tile and vinyl wood floors. Hardy plank siding. Newer appliances and water heaters. HVAC's in great shape. Plenty of parking. Water and electric are all separate. A turn key investment - all the tenants leases expire summer of next year. Three have been there 2 years+. Each duplex is on its own lot and must be sold together. Perfect for one investor or two that want to go in together. Must close both properties at the same time. Amazing location-walking distance to Walmart, Gas Station and Blanco River park. Close to major retail centers. Easy access to I-35. Best part of all...Seller financing is available! * lot next door also included R181561

1414-1420 River Rd, San Marcos

$665,000

Wow Listing has just been reduced!!!!! You've found the perfect home with the perfect lot location! This backyard is truly a rare find in the community here. Premium lot offers a tree line of privacy!!! No neighbors in back, only looking out at peacefulness and wildlife while entertaining is a plus on the expansive covered patio. Welcome to Kissing Tree 55+ Community, This Luxury Stucco/Tile roof home is gorgeous inside and out with 3 bedrooms, 3 full baths and a half bath! Vaulted Ceilings thru out the home, Primary Suite is oversized with a great walk-in shower with upgraded tile to ceiling option, double vanity, private toilet area, and walk-in closet. There is also a ensuite bedroom with its own bathroom for your guests to enjoy for privacy. The third bedroom has easy access to a full bathroom, and a office that separates the two bedrooms! There is a half bath for your guests also! This home is a upgrade that offers a large Living room for entertaining, Living Room has a Gas heatilator fireplace to enjoy on cold days, and oversized back glass sliding doors to patio that looks out at the private backyard. Kitchen has a natural gas cooktop and a oversized Center Island with Breakfast Bar. The oversized 2 car garage has an epoxy coated floor, two hot water heaters located in closet in garage, and upgraded water softener located in the garage. There is a separate garage that can be used for your golf cart or third car/motorcycle! The amenities are over and above anything you would need which includes an 18-hole golf course, 18 pickle ball courts, walking trails, an outdoor pool with hot tub and indoor lap pool, exercise room with numerous workout equipment, a Library, Art Studio, so many activities you can join and so much more. Located perfectly between Austin and San Antonio. Buyer please entertain an offer seller is ready to sell! Investors are welcome to purchase and have rental income! Buyers better than new as many upgrades are already included!

3 Beds ⋅ 4 Baths ⋅ 2152883 MLS ⋅ 78666 Zip Code

Wow Listing has just been reduced!!!!! You've found the perfect home with the perfect lot location! This backyard is truly a rare find in the community here. Premium lot offers a tree line of privacy!!! No neighbors in back, only looking out at peacefulness and wildlife while entertaining is a plus on the expansive covered patio. Welcome to Kissing Tree 55+ Community, This Luxury Stucco/Tile roof home is gorgeous inside and out with 3 bedrooms, 3 full baths and a half bath! Vaulted Ceilings thru out the home, Primary Suite is oversized with a great walk-in shower with upgraded tile to ceiling option, double vanity, private toilet area, and walk-in closet. There is also a ensuite bedroom with its own bathroom for your guests to enjoy for privacy. The third bedroom has easy access to a full bathroom, and a office that separates the two bedrooms! There is a half bath for your guests also! This home is a upgrade that offers a large Living room for entertaining, Living Room has a Gas heatilator fireplace to enjoy on cold days, and oversized back glass sliding doors to patio that looks out at the private backyard. Kitchen has a natural gas cooktop and a oversized Center Island with Breakfast Bar. The oversized 2 car garage has an epoxy coated floor, two hot water heaters located in closet in garage, and upgraded water softener located in the garage. There is a separate garage that can be used for your golf cart or third car/motorcycle! The amenities are over and above anything you would need which includes an 18-hole golf course, 18 pickle ball courts, walking trails, an outdoor pool with hot tub and indoor lap pool, exercise room with numerous workout equipment, a Library, Art Studio, so many activities you can join and so much more. Located perfectly between Austin and San Antonio. Buyer please entertain an offer seller is ready to sell! Investors are welcome to purchase and have rental income! Buyers better than new as many upgrades are already included!

336 Calming Agave Way, San Marcos

$939,000

Fascinating and unique property in San Marcos could be all yours! 4 lots with 3 homes + efficiency apartment offers tons of potential and opportunity. Fourth lot has recently been cleared off further as well. Currently zoned SF6 (single family), but could request rezoning. In-ground pool needs some TLC and you'll have your own oasis. Main home offers a sprawling floor plan with 3 bedrooms, 2 full baths and multiple storage and flex areas. All three secondary units have had refreshed finishes. Front deck of the main home offers stellar views. Investor special with great rental and further development potential! Efficiency apartment leased month-to-month @ $895 - 1009 Hiilyer leased through 5/2027 @ $1,850 - 1001 Hillyer seeking tenants - 1000 Advance (main home) @ $1,900.

9 Beds ⋅ 6 Baths ⋅ 6670660 MLS ⋅ 78666 Zip Code

Fascinating and unique property in San Marcos could be all yours! 4 lots with 3 homes + efficiency apartment offers tons of potential and opportunity. Fourth lot has recently been cleared off further as well. Currently zoned SF6 (single family), but could request rezoning. In-ground pool needs some TLC and you'll have your own oasis. Main home offers a sprawling floor plan with 3 bedrooms, 2 full baths and multiple storage and flex areas. All three secondary units have had refreshed finishes. Front deck of the main home offers stellar views. Investor special with great rental and further development potential! Efficiency apartment leased month-to-month @ $895 - 1009 Hiilyer leased through 5/2027 @ $1,850 - 1001 Hillyer seeking tenants - 1000 Advance (main home) @ $1,900.

1000 Advance #2 St, San Marcos

$939,000

Fascinating and unique property in San Marcos could be all yours! 4 lots with 3 homes + efficiency apartment offers tons of potential and opportunity. Fourth lot has recently been cleared off further as well. Currently zoned SF6 (single family), but could request rezoning. In-ground pool needs some TLC and you'll have your own oasis. Main home offers a sprawling floor plan with 3 bedrooms, 2 full baths and multiple storage and flex areas. All three secondary units have had refreshed finishes. Front deck of the main home offers stellar views. Investor special with great rental and further development potential! Efficiency apartment leased month-to-month @ $895 - 1009 Hiilyer leased through 5/2027 @ $1,850 - 1001 Hillyer seeking tenants - 1000 Advance (main home) @ $1,900.

8914451 MLS ⋅ 78666 Zip Code

Fascinating and unique property in San Marcos could be all yours! 4 lots with 3 homes + efficiency apartment offers tons of potential and opportunity. Fourth lot has recently been cleared off further as well. Currently zoned SF6 (single family), but could request rezoning. In-ground pool needs some TLC and you'll have your own oasis. Main home offers a sprawling floor plan with 3 bedrooms, 2 full baths and multiple storage and flex areas. All three secondary units have had refreshed finishes. Front deck of the main home offers stellar views. Investor special with great rental and further development potential! Efficiency apartment leased month-to-month @ $895 - 1009 Hiilyer leased through 5/2027 @ $1,850 - 1001 Hillyer seeking tenants - 1000 Advance (main home) @ $1,900.

1000 Advance #1 St, San Marcos

$4,250,000

Large estate on 38.9 acres. Completely fenced with a 12-foot game fence and grand rock entrance. Live the life of luxury in this almost 9,000 sqft of living space with 8 bedrooms 8 full baths and 3 half baths. Custom built in every nook and cranny with Texas stone, hardwood, and granite cabinetry. Two large fireplaces, swimming pool, outdoor basketball court, indoor RV parking garage, indoor and an outdoor bar with complete catering setup, or just relax in your own private movie theatre. Other outdoor amenities include dog kennels, livestock pens, barns, and sheds. Large backyard area - fully fenced with wrought iron fencing. Gorgeous Views and beautiful sunsets right from your oversized covered porch. Super unique feature - your own private natural cave that you can explore! Centrally located in the heart of Texas Hill Country right next to the Wimberley Junction on R12 and FM 32. Estate is at the end of the gated subdivision of Trails End Ranch. Less than 30 minutes to Canyon Lake, Wimberley, San Marcos, or New Braunfels. Looking for country living near the big cities? You are less than an hour away from Austin or San Antonio! This is the Texas Hill Country Ranchette you have been waiting for!

8 Beds ⋅ 11 Baths ⋅ 5490662 MLS ⋅ 78666 Zip Code

Large estate on 38.9 acres. Completely fenced with a 12-foot game fence and grand rock entrance. Live the life of luxury in this almost 9,000 sqft of living space with 8 bedrooms 8 full baths and 3 half baths. Custom built in every nook and cranny with Texas stone, hardwood, and granite cabinetry. Two large fireplaces, swimming pool, outdoor basketball court, indoor RV parking garage, indoor and an outdoor bar with complete catering setup, or just relax in your own private movie theatre. Other outdoor amenities include dog kennels, livestock pens, barns, and sheds. Large backyard area - fully fenced with wrought iron fencing. Gorgeous Views and beautiful sunsets right from your oversized covered porch. Super unique feature - your own private natural cave that you can explore! Centrally located in the heart of Texas Hill Country right next to the Wimberley Junction on R12 and FM 32. Estate is at the end of the gated subdivision of Trails End Ranch. Less than 30 minutes to Canyon Lake, Wimberley, San Marcos, or New Braunfels. Looking for country living near the big cities? You are less than an hour away from Austin or San Antonio! This is the Texas Hill Country Ranchette you have been waiting for!

761 Allison Ln, San Marcos

$3,225,000

*Sold with PID - 100002120600000 / 2.61 acres & PID-100002136704000 / 14.81 acres. Total to be 67.24 acres.* This is a fantastic opportunity to own property located 6 miles from the center of San Marcos, 35 miles from Austin and in-between Interstate 35 and 130! This property has lots of potential and development opportunity! Currently the property is being used for an event space / music venue, regenerative produce farm and cattle. As you enter the gate - main house is to the left at 1800 square feet and green houses are to the right. As you pass multiple outdoor gardens you will see the barn straight ahead which houses 2 studio apartments (Studio 1 roughly 468 square feet and Studio 2 roughly 360 square feet) / venue suites, a large covered pavilion, a commercial kitchen with bay, 10'x12' walk-in cooler, and an office / storage space in front. Recently built are 6 commercial restrooms right off the pavilion as well as a full stage. This is your chance to own a property with lots of possibilities, an easy commute access, all while viewing peaceful sunrises and sunsets!

9477533 MLS ⋅ 78656 Zip Code

*Sold with PID - 100002120600000 / 2.61 acres & PID-100002136704000 / 14.81 acres. Total to be 67.24 acres.* This is a fantastic opportunity to own property located 6 miles from the center of San Marcos, 35 miles from Austin and in-between Interstate 35 and 130! This property has lots of potential and development opportunity! Currently the property is being used for an event space / music venue, regenerative produce farm and cattle. As you enter the gate - main house is to the left at 1800 square feet and green houses are to the right. As you pass multiple outdoor gardens you will see the barn straight ahead which houses 2 studio apartments (Studio 1 roughly 468 square feet and Studio 2 roughly 360 square feet) / venue suites, a large covered pavilion, a commercial kitchen with bay, 10'x12' walk-in cooler, and an office / storage space in front. Recently built are 6 commercial restrooms right off the pavilion as well as a full stage. This is your chance to own a property with lots of possibilities, an easy commute access, all while viewing peaceful sunrises and sunsets!

480 Mill Rd, Maxwell

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