000 Smith

Description

Developer’s Deal of the Year – Prime Infill Site in San Marcos! Attention residential and multi-family developers, land bankers, and build-for-rent specialists—this is the opportunity you've been waiting for. This highly desirable 12.18-acre infill development site in the heart of San Marcos’ Blanco Gardens neighborhood is officially on the market. Currently zoned SF-6, the property allows for single-family development by right, with excellent potential for multi-family, townhome, or BFR communities through a rezoning. City utilities are already in place, and access is seamless with two points: one from Smith Lane, and an emergency access via alley on the eastern side. It’s worth noting: the entire property lies within the 100-year floodplain—a key factor to plan for in your site design Located just a block off I-35, future residents will benefit from exceptional connectivity and convenience. Whether your goal is a dense residential enclave or a thoughtfully designed rental community, this site checks all the boxes. And here’s the kicker—a professional appraisal has been completed at $1,920,000, making the current offering a steal of a deal. This is a rare chance for the next investor to step into a high-potential asset with instant equity. Motivated seller is ready to make a deal. Owner is a licensed Texas real estate broker. Additional land available at 324 Linda Drive for even more scale potential. Don’t wait—opportunities like this don’t last in San Marcos’ rapidly growing market.

Developer’s Deal of the Year – Prime Infill Site in San Marcos! Attention residential and multi-family developers, land bankers, and build-for-rent specialists—this is the opportunity you've been waiting for. This highly desirable 12.18-acre infill development site in the heart of San Marcos’ Blanco Gardens neighborhood is officially on the market. Currently zoned SF-6, the property allows for single-family development by right, with excellent potential for multi-family, townhome, or BFR communities through a rezoning. City utilities are already in place, and access is seamless with two points: one from Smith Lane, and an emergency access via alley on the eastern side. It’s worth noting: the entire property lies within the 100-year floodplain—a key factor to plan for in your site design Located just a block off I-35, future residents will benefit from exceptional connectivity and convenience. Whether your goal is a dense residential enclave or a thoughtfully designed rental community, this site checks all the boxes. And here’s the kicker—a professional appraisal has been completed at $1,920,000, making the current offering a steal of a deal. This is a rare chance for the next investor to step into a high-potential asset with instant equity. Motivated seller is ready to make a deal. Owner is a licensed Texas real estate broker. Additional land available at 324 Linda Drive for even more scale potential. Don’t wait—opportunities like this don’t last in San Marcos’ rapidly growing market.

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Property Information

Directions: From I-35 South Take Exit for Hwy 123, Loop under I-35, head North, Take right on Sherbarb and left on Smith lane