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
List Price$599,000
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
Similar Listings
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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