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Just Listed

$3,000,000

123 Smith Lane CMNS, San Marcos, TX 78666

A0017-2 JUAN M VERAMENDI SURVEY #2

Sq Ft12,184
Acres12.18
Year Built2026

About This Property

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.

Property Details

Property TypeCommercial
MLS #6086199
Days on Market0
Lot Size12.18 acres
Listed6/3/2026
Last Updated6/3/2026

Location

County
Hays
MLS Area
HH

Size

$/Acre
$246,225
Heating
None
Cooling
None
Flooring
See Remarks
Construction Materials
Other
Foundation
None
View
None
Parking Features
None

Location

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Listing provided by Mark Mellon-Werch · Berkshire Hathaway TX Realty · (512) 771-4089

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$3,000,000