000 SMITH LANE, SAN MARCOS, TX 78666

Homes for sale in San Marcos.

Homes for sale in 78666.


000 Smith Lane

San Marcos, TX 78666

Status of the property has changed, please contact for details

List Price$599,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #1023154

Lots / Land

Type

About This Property

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.

Property Features

Location Information

County

Hays

Subdivision

Juan M Veramendi Surv #2

County

Hays

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

Area

HS

Exterior Features

Is New Construction

No

Waterfront Description

None

Water / Sewer

Public Sewer

Has Waterfront

No

Water

Public

Has View

Yes

Lot Size in Acres

12.184

View

Pasture

Zoning

SF-6 City of San Marcos L

School

Elementary School District

SanMarcosCONSISD

Middle School

Miller

Elementary School

Mendez

High School

San Marcos

Additional Information

Other Utilities

Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available

APN

1000172262000023

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Documents Available

Survey

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Mortgage Calculator

$2,796

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,158

Monthly Tax

$499

Monthly Insurance

$139

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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