Highlights

  • Fully zoned, entitled multifamily
  • Up to 12 units per acre
  • Grandfathered Impact Fees (partial)
  • All City Utilities on-site
  • 1/2 Mile to San Marcos High School
  • 1 Mile to Amazon Fulfillment
  • 1 Mile to CHRISTUS Santa Rosa Hospital

Downloads

Location2431 Guadalupe Street (SH 123), San Marcos, TX 78666
SellerRio Marc Development, Ltd.
Seller FinancingNo
StatusAvailable
UtilitiesAll city utilities on-site
ZoningMF12 – 12 units per acre

Description

Zoned MF-12 (12 units per acre), these contiguous, final platted lots have City utilities on site and are ready for development. The properties are part of the El Camino Real subdivision and adjoin existing City parkland. The plat date for one of the two lots qualifies for grandfathered impact fees delivering material development savings to the vertical developer. Approximately 16.3 acres are outside of the City’s regulatory floodplain, and the lots are offered for development together to accommodate development of the full density allocation (approx. 300 units). 

These lots are located in a fast-growing sector of San Marcos near several public schools (San Marcos High School, Goodnight Middle School, two elementary schools and ACC satellite campus), within a mile many major employers (Amazon Fulfillment Center, Urban Mining Company, CHRISTUS Santa Rosa) 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).

LotsSizeOffered PriceStatus
Both Lots Combined25.29 Acres$1,982,938 ($1.80 PSF)Available

Legal Description

Lot 1 Block 1 Phase 3 Section 1 and Lot 1 Block A Phase 3 Section 2 of the El Camino Real Subdivision

Map

The information herein is believed to be reliable, but not guaranteed. Prospective tenants and purchasers are advised to independently investigate and verify all information including, but not limited to, improvement square footage and age, property size and boundaries, flood plain, zoning, restrictions, easements, exclusions, utility availability, etc. Unless otherwise indicated, properties listed on this website are owned by Carson Properties or its affiliates, the members of which are licensed Real Estate Brokers in the State of Texas.