123 Smith Lane

San Marcos, TX 78666 · Hays County

$3,000,000Price
123 Smith Lane
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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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT232514052
TypeCommercial Sale
Year Built2026
Lot Size12.18 AC / 530,735 SF
CountyHays
SubdivisionA0017-2 JUAN M VERAMENDI SURVEY #2

Property Information

Parking

None

Utilities & Construction

Heat: NoneAC: NoneSee RemarksFoundation: None

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

DateEventPrice
Aug 13, 2026 Listed (Active) · MLS# ACT232514052 $3,000,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Year Built2026
Lot Size530,735 Sq. Ft.
StyleCommercial Sale
CountyHAYS
MLS #ACT232514052
$3,000,000
123 Smith Lane, San Marcos, TX

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Payment Estimate

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Estimated monthly payment
Principal & Interest—

For illustrative purposes only. Contact a lender for accurate figures.