000 Smith LNSan Marcos, TX 78666




Developer’s Deal of the Year – Prime Infill Site in San Marcos! Attention residential and multi-family developers, land bankers, and build-for-rent specialists—this is the opportunity you've been waiting for. This highly desirable 12.18-acre infill development site in the heart of San Marcos’ Blanco Gardens neighborhood is officially on the market. Currently zoned SF-6, the property allows for single-family development by right, with excellent potential for multi-family, townhome, or BFR communities through a rezoning. City utilities are already in place, and access is seamless with two points: one from Smith Lane, and an emergency access via alley on the eastern side. It’s worth noting: the entire property lies within the 100-year floodplain—a key factor to plan for in your site design Located just a block off I-35, future residents will benefit from exceptional connectivity and convenience. Whether your goal is a dense residential enclave or a thoughtfully designed rental community, this site checks all the boxes. And here’s the kicker—a professional appraisal has been completed at $1,920,000, making the current offering a steal of a deal. This is a rare chance for the next investor to step into a high-potential asset with instant equity. Motivated seller is ready to make a deal. Owner is a licensed Texas real estate broker. Additional land available at 324 Linda Drive for even more scale potential. Don’t wait—opportunities like this don’t last in San Marcos’ rapidly growing market.
2 weeks ago | Listing first seen on site | |
2 weeks ago | Listing updated with changes from the MLS® |

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Last checked - 2025-07-24 09:14 PM CDT
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