123 Smith Lane Commons
San Marcos, TX 78666
$3,000,000
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.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Mendez Elementary School | KG - 5 | Regular |
| San Marcos High School | 9 - 12 | Regular |
| Bonham PreKindergarten School | PK - PK | Regular |
| Goodnight Middle School | 6 - 8 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.