Entitled MF-12 Lots - (25.29 Acres Combined)

Highlights

  • Fully zoned, entitled multifamily
  • Up to 12 units per acre
  • Grandfather Impact Fees
  • All City Utilities on-site
  • 1/2 Mile to San Marcos High School
  • 1 Mile to Amazon Fulfillment
  • 1 Mile to CTMC

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  • Seller: Rio Marc Development, Ltd.
  • Location: 2875 State 123
    San Marcos, TX 78666
  • Zoning: MF12 - 12 units per Acre
  • Utilities: All City Utilities On-Site
  • Seller Financing: No
  • Maximum Contiguous SF: 25.29
Zoned MF-12 (12 units per acre)/ Entitled/ Final Platted, grandfathered impact fees and all City utilities on site. These contiguous MF-12 tracts are located in a fast growing sector of San Marcos and ready for development.  The properties are part of the El Camino Real subdivision and adjoin existing City parkland.
 
Optimal multifamily location: Near several public schools (San Marcos High School, Goodnight Middle School, two elementary schools and ACC satellite campus), high concentration of employment within a mile (Amazon Fulfillment Center, Urban Mining Company, Central Texas Medical Center) and close access to several retailers.
 
The properties are bordered on one side by State Highway 123 (just North of Cottonwood Creek and Clovis Barker Road) and on the other by Cottonwood Parkway. SH 123 is also known as Guadalupe St. and runs directly into downtown San Marcos and the Texas State University campus (10 minute drive).
 
See downloads for the El Camino Real Master Plan and Plat.
 
Unit Size Offered Price Unit Price Status
Lot 1 Block 1 Phase 3 Section 1 12.39 Acres $1,457,213 Base: $2.70 PSF Available
Lot 1 Block A Phase 3 Section 2 12.9 Acres $1,517,195 Base: $2.70 PSF Available