37.83 Acres Lot
37.83 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Tbd
MLS Listing ID 7163656
HOA Y/N No
Annual Tax Amount $23,332
Tax Year 2025
Lot Size 37.830 Acres
Acres 37.83
Property Sub-Type Unimproved Land
Source actris
Property Description
• Infrastructure Considerations: Based on the utility maps, water and wastewater will need to be extended to the site, and the property sits in the San Marcos ETJ. Developers will typically factor those infrastructure costs and entitlement risk into their land basis.
• Developer Underwriting: When applying current construction costs, cap rates, and typical land residual assumptions for multifamily in the San Marcos market, most developers will likely build closer to 650–800 units rather than maxing out the 1,000+ units.
Location
State TX
County Hays
Interior
Fireplace No
Exterior
Community Features Gated
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Rural, Trees/Woods
Building
Lot Description Agricultural, Cleared, Few Trees, Level, Trees-Moderate
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Rodriguez (San Marcos Isd)
Middle Schools Miller
High Schools San Marcos
School District Sanmarcosconsisd
Others
Special Listing Condition Standard
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales