For sale

$5,300,000

TBD S Old Bastrop Hwy Hwy
San Marcos, TX 78666

  • 0 beds
  • 0 baths
  • 28.7 acres

Listing courtesy of SPAETH-COOK LLC · (512) 656-4034 · MLS# 1439979 · Status: Active

About this property

28.73 Acres part of proposed San Marcos Second City Center (2nd downtown) is a shovel-ready, flat tract ideally positioned near the corner of Old Bastrop Hwy and Rattler Road. Highly visible tract across San Marcos High School. Features include flexible CD-3 zoning and road frontage can be re-zoned to CD-5 allowing for future development of Retail, Office, Mixed use, Health care, Education, Assisted living and other Commercial uses. Current CD-3 zoning allows for 154 Residential lots for Single family homes, Duplex units, with a density of 10units/acre. No flood zone and flat level land. The site is level, has City water and wastewater, and is ideal for townhome development. Prime Investment property, part of San Marcos 2nd City Center Plan. Close to 400-acres development with Single family, Mixed use and Commercial developments. Water & Wastewater on site. The property is divisible: $5,3M ($4.23/sf) for the whole 28.73 Acre property $3.15M ($350K/Acre) for just the front +/- 9 Acres $3.3M ($165K/Acre) for just the back +/- 20 Acres

Description provided by the listing brokerage.

Facts

Property type
Land · Unimproved Land
Lot size
28.7 acres
County
Hays
Neighborhood
Cyrus Wickson Survey
School district
San Marcos CISD
Schools
Rodriguez (San Marcos ISD) · Miller · San Marcos

Features

View
None
Sewer
Public Sewer
Utilities
Electricity Available, Sewer Available, Water Available
Lot
Level
Water
Public
Horse amenities
None
Community
None
Waterfront
None

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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