Description
12.184 acres located in the high-growth area of downtown San Marcos. Currently zoned for multi-family with an Ag Exemption. Flat building space with easy access off North-Bound IH 35 access road. Can be purchased or Leased. The property is often described as a "Developer's Deal" with significant potential for Value Added project. Location: Smith Lane, San Marcos, TX 78666 (Hays County) Size: 12.184 Acres (approx. 530,735 sq ft) Listing Price: $3,000,000 or can be leased with Option to Buy Zoning: SF-6 (Single-Family) Neighborhood: Blanco Gardens - Currently has Ag Exemption Property Features & Potential Development Potential: Suitable for dense residential, townhomes, or build-for-rent communities, with rezoning potential for higher density. Location Highlights: Situated one block off I-35 with easy access. Utilities: Public water and sewer are available. Site Condition: Cleared and level, described as an "open lot" or pasture. Constraints: The entire property is located within the 100-year floodplain, but is being considered for the Blanco Gardens Drainage Improvement Project. Access: Two access points, including Smith Lane and an alley on the east side.
Property Details
| Status | Active |
| MLS # | ACT232514052 |
| Type | Commercial Sale |
| Year Built | 2026 |
| Lot Size | 12.18 AC / 530,735 SF |
| County | Hays |
| Subdivision | A0017-2 JUAN M VERAMENDI SURVEY #2 |
Property Information
Parking
Utilities & Construction
Directions: Get on TX-45 E/TX-45 Toll Continue on TX-45 E/TX-45 Toll. Take TX-130 S/TX-130 Toll S and I-35 S to S I-35 South Frontage Rd/N Interstate 35 in San Marcos. Take exit 205 from I-35 S 53 min (64.1 mi) Continue on S I-35 South Frontage Rd/N Interstate 35 to your destination
Location
Property History
| Date | Event | Price |
|---|---|---|
| Aug 13, 2026 | Listed (Active) · MLS# ACT232514052 | $3,000,000 |
Full transaction history may not be available. Data sourced from ACTRIS MLS.
Public Records
| Lot Size | 530,735 Sq. Ft. |
| Style | Commercial Sale |
| County | HAYS |
| MLS # | ACT232514052 |
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Payment Estimate
For illustrative purposes only. Contact a lender for accurate figures.