- – beds
- – baths
- – sqft
- ~12 acre lot
- – on site
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.
Last checked:
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Last updated Jul 11, 2025
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MLS# 1023154 —
The Building
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New Construction:false
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Habitable Residence:false
Financial & Terms
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Restrictions:Zoning
Location
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Latitude:29.877933
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Longitude:-97.923532
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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
The Property
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Property Type:Land
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Subtype:Single Lot
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Parcel Number:1000172262000023
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Other Structures:None
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Lot Features:Agricultural
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Lot Size Acres:12.184
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Lot Size Area:12 Sqft
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Lot Size SqFt:530,735 Sqft
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View:Pasture
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Additional Parcels:false
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FEMA Flood Plain:Yes-100 yr
Listing Agent
- Contact info:
- Agent phone:
- (512) 855-6114
- Office phone:
- (512) 402-5263
Taxes
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Tax Annual Amount:$36.61
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
Utilities
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Utilities:Electricity Available
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Schools
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Elementary School:Mendez
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Elementary School District:San Marcos CISD
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Middle School:Miller
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Middle School District:San Marcos CISD
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High School:San Marcos
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High School District:San Marcos CISD
The Community
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Subdivision Name:Juan M Veramendi Surv #2
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Community Features:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).